Associate Director - New Venture Development
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Job no: 517422
Position type: Staff Full Time
Campus: UMass Lowell
Department: NewVentureDev&OffTechCommerc
Salary: Salary to commensurate with experience
Applications Open: Jan 10 2023
Applications Close:
General Summary of Position:
The Associate Director, Technology Commercialization and Venture Development is responsible for the development and implementation of strategy and initiatives that will serve to advance the commercialization of innovation and technologies created by UML faculty, and to support the entrepreneurial culture and programs at the university.
The Associate Director is responsible for designing and implementing a support system that will increase the number of start-ups based on innovations created at UML. This includes leading the I-Corps program, the River Hawk Venture Fund, the UML Entrepreneur in Residence program, and engaging with a local network of entrepreneurs and investors.
Minimum Qualifications (Required):
Education and Experience :
Masters in Business Administration (as well as a Bachelor’s degree) in a technical field plus 4 years or relevant experience However, will consider candidates without the advanced degree but with a Bachelors in a Science or Technology field and 10+ years relevant experience
Skills:
Expertise in business/financial planning of start-ups and demonstrated access to local/national networks of entrepreneurs and investment communities
Experience in evaluating commercial potential of early-stage technologies, as well as understanding of business models, and business/financial planning for start-ups
Ability to communicate effectively – to present ideas, both in writing and orally to technical and non-technical audiences and internal and external constituencies
Ability to work effectively on multiple projects and initiatives, across a matrix of stakeholders
Must be U.S. Citizen or green card holder
Additional Considerations:
Broad understanding of industry and investment community trends, and knowledge/connections to resources for funding, e.g., government, Angels, Venture Capital, etc.
Experience in managing an investment fund focused on early-stage companies and technologies
Demonstrated experience in advising and mentoring faculty entrepreneurs’ with establishing early-stage startups
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.
This is an SEIU 888 Professional Union position, Grade P23.
Initial 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 is received.
Please include a resume and cover letter with your application. Names and contact information of three references will be required during the application process.
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