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Director of Venture Creation

2 months ago

Grand Rapids, Michigan, United States MSU Research Foundation Full time
Job Overview

The MSU Research Foundation is seeking a seasoned professional to lead its venture creation efforts. As the Director of Venture Creation, you will be responsible for developing and implementing a pipeline of high-tech, high-growth technologies and commercializing innovations generated by Grand Rapids regional companies, universities, colleges, and entrepreneurs.

This role requires a proven leader with technology commercialization acumen, business acumen, and a passion for innovation. You will work collaboratively with the MSU Foundation Board of Directors, Executive Director, other SI staff, corporate partners, and the City of Grand Rapids to manage the successful long-term strategic direction and goals of the program.

Key Responsibilities
  • Develop and implement a pipeline of high-tech, high-growth technologies
  • Commercialize innovations generated by Grand Rapids regional companies, universities, colleges, and entrepreneurs
  • Work collaboratively with the MSU Foundation Board of Directors, Executive Director, other SI staff, corporate partners, and the City of Grand Rapids
  • Lead and manage a team of professionals while owning and driving a specific portfolio of projects
  • Initiate, establish, develop, and manage collaborative relationships with key industry, academic, and governmental partners
  • Oversee comprehensive outreach and communication strategies to promote a broad understanding of the role of Spartan Innovations in Grand Rapids and the state of Michigan
  • Provide guidance on programs ensuring entrepreneurs are aware of Spartan Innovations, our support, our early-stage accelerators, and our platform of programming
  • Maintain a high level of tenancy and build and support a best-in-class incubator (The Bridge)
  • Manage and develop programs in support of the tenants and the Bridge to enhance support, education, and the overall culture
  • Build a culture and team that aligns with the goals of the MSU Research Foundation
  • Prepare and deliver annual budgets, operating plans, and updates on a quarterly basis to the Executive Director and the MSU Foundation board members when appropriate
Requirements
  • Understanding and technical credibility to work with early-stage companies
  • Technical IP business leadership experience, business acumen, aptitude, and knowledge to make complex technology and strategic decisions
  • Venture development expertise: identifying, evaluating, and bringing ventures to fruition
  • Proven history of identifying and engaging community partnerships that create a robust and creative ecosystem
  • Demonstrated track-record of leadership as an executive
  • Quickly grasps the key technology concepts of entrepreneurship with an ability to see beyond an invention to a compelling new product or service
  • Strategic acumen to understand, assess, and choose among complex options
  • Knows how to work with senior leadership of both corporate and academic institutions; understands the dynamics of startup companies and healthcare/medical markets
  • Excellent at working with others in a team environment
  • Open-minded, collegial, and able to develop relationships based on trust, confidence, and respect
  • Ability to interact with a wide variety of senior executives, clients, business partners, competitors, and others
  • Demonstrated ability to propose and encourage new ideas, gain support from an organization, and manage key risks and resources
  • Welcoming of change
  • Student of innovation; curious and comfortable with ambiguity
  • Understanding of and experience with patent law, technology transfer, new venture financing, and business planning are major considerations