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Senior Manager - New Venture Development

Apply now Job no: 495327
Position type: Staff Full Time
Benefit Status: Benefited-Union
Campus: UMass Lowell
Department: New Venture Development
Salary: Salary commensurate with experience and grade/range
Applications Open:
Applications Close:

General Summary of Position

The Senior Manager of New Venture Development (NVD) will work closely with the NVD Director to develop and implement strategies, events and programs to engage faculty to foster entrepreneurship, innovation and research commercialization.

A key part in the University’s mission to be an entrepreneurial institution, the NVD department focuses on inventions, discoveries, products and services that have been developed in whole or in part at UMass Lowell, have achieved proof of concept (or an early prototype) and are ready for commercial product development, rather than those requiring further basic research. Once such a technology has been identified, NVD partners with the UMass Lowell community and alumni as well as its strong external network to identify and develop a compelling business plan, a strong management team and solid financial backing (from NV, angels and venture capital investors) to launch an independent commercial venture. This effort involves direct interaction between the entrepreneurial team, NV staff, the River Hawk New Venture Fund Investment Advisory Board and New Venture Fellows, as well as with other entrepreneurs and mentors to:

  • Identify key intellectual property required for spinout;
  • Create technical design plans and enable related development of functional prototypes;
  • Define and develop a compelling business strategy;
  • Identify human resource needs and build entrepreneurial management teams;
  • Facilitate legal, accounting, insurance, real estate and recruiting decisions and resource allocations;
  • Assist with early business development, potential customer interactions and business/development partners;
  • Structure, fund and launch the new ventures;
  • Assist with the transfer or licensing of intellectual property, physical assets and human resources; and,
  • Cultivate intellectual property from multiple sources to expand the UMass Lowell startup pipeline to include companies in our well-established medical device incubator, Massachusetts Medical Device Development Center (M2D2), our new Innovation Hub, startups utilizing UMass Lowell research and entrepreneurs working with the University to further their own concepts.

ESSENTIAL JOB DUTIES:

  1. Development stage team management, support and start-up scaffolding activities
  • All in-house ‘start-up’ operations and support
  • Utilization of internal and external networked resources to strengthen start-up style commercialization efforts
  • Work with the larger commercialization team to develop strategies that facilitate start-up creation
  • Tracking technologies and faculty members progress
  1. Management of the University National Science Foundation I-Corps Site grant
  • Identification and cultivation of I-Corps site grant recipients
  • Tracking technologies and faculty members progress
  • General marketing of the mini grant opportunity to the UML community
  • Development of information, events, and processes to improve grant execution
  • Coordination with administrative staff for award, tracking and reporting efficiency
  • Coordination with regional I-Corps Sites and Nodes to identify and impellent best practices
  1. Faculty Entrepreneurial Awareness and Skill Building Programming and Events and Other Entrepreneurial Learning Experiences:
  • Overall management of new venture events and educational opportunities
  • Develop all materials and contacted guest speakers for series
  • Overall concept development and execution
  1. Support River Hawk New Venture Fund activities and other technology assessment group due diligence functions:
  • Create NVF comprehensive packet and developed documents within packets
  • Support the creation of investor pitches and due diligence materials
  • Coordination with Advancement and Alumni Relations for existing and Phase II expansion of Fund activities
  1. General marketing and development of support materials, tools, project tracking, and execution support to further the entrepreneurial mission of the University:
  • Work with various offices to ensure development (University Relations in particular)
  • Maintain and coordinate project team generated content, timelines, and administrative tasks (traffic coping)
  • Coordination with related internal audiences and offices to ensure timely and effective execution

Promote the University’s commitment to customer service by:

  • Build effective partnerships with co-workers throughout the University by freely sharing appropriate information and providing assistance when needed.
  • Ensuring optimum service to all internal and external partners in response to all requests for service and information.
  • Maintaining an environment that is welcoming to personal of all backgrounds, nationalities, and roles.

OTHER JOB DUTIES:

  • Provide supervisory oversight to student interns
  • Develop and document best practices for growing start-ups and mentoring programs
  • Other duties as assigned

Working Conditions:

  • Position involves attending university or job related events. Local travel with limited out-of-state travel.

Minimum Qualifications (Required):

  • Bachelor’s degree required plus five years of experience in service and/or education based program management
  • Excellent interpersonal, written and oral communication skills
  • Strong organizational skills and an ability to handle multiple and complex tasks and projects concurrently

Additional Considerations:

  • Commitment to teamwork and willingness to work collaboratively with colleagues from across the institution
  • Demonstrated ability to take initiative in program development and evaluation
  • Demonstrated skill to work within a complex environment with strong capabilities in planning, organizing and management
  • Strong work ethic and integrity
  • Affinity with the overall mission of the University of Massachusetts Lowell

Special Instructions to Applicants:

Only Internal Professional (SEIU 888 Professional Union) Bargaining candidates will be considered during the first 10 business days of the posting. All other candidates will be considered after that period.

Review of applications will begin immediately and continue until the position is filled. However, the position may close when an adequate number of qualified applications are received.              

Please include a resume and cover letter with your application. Names and contact information of three references will be required at the time of application.

 

 

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The University of Massachusetts Lowell is committed to increasing diversity in its faculty, staff, and student populations, as well as curriculum and support programs, while promoting an inclusive environment. We seek candidates who can contribute to that goal and encourage you to apply and to identify your strengths in this area.

The University of Massachusetts Lowell is an Equal Opportunity/Affirmative Action, Title IX employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, ancestry, age over 40, protected veteran status, disability, sexual orientation, gender identity/expression, marital status, or other protected class.

Please read this "EEO is the Law" poster (pdf), which provides an overview of many relevant equal opportunity laws.