Chief Executive Officer

2 weeks ago


Traverse City, Michigan, United States 20Fathoms Full time

About Us

20Fathoms serves as the premier technology hub and startup incubator in Northern Michigan. Our objective is to foster a vibrant ecosystem for technology and entrepreneurship, supporting early-stage companies in their journey towards success.

We pride ourselves on a culture that prioritizes teamwork and energy, providing an environment that encourages creativity and innovation. Our mission is to assist ambitious entrepreneurs and innovation specialists in their endeavors, guiding them from concept to market and beyond. Unlike a typical coworking space, we offer advanced educational initiatives, invaluable networking opportunities, access to startup funding, and dedicated business coaches and mentors to propel startups through their growth phases.

Your Role

As the Chief Executive Officer of 20Fathoms, you will be accountable for all facets of the organization’s Vision, Mission, and Values, ensuring effective execution. You will represent the organization publicly and lead your team with a clear focus on objectives, ensuring the sustainability of the organization. Your commitment to the success of startups in the region will be paramount, and you will actively seek collaboration and feedback from the Board of Directors.

Key Responsibilities

  • Vision and Strategy Development: You will create and oversee the long-term vision and operational execution of the organization.
  • Operational Management: You will manage daily operations, including facility oversight, annual planning, and budget allocation.
  • Financial Stewardship: You will ensure the financial health of 20Fathoms, managing income from various sources and maintaining compliance with financial regulations.
  • Team Leadership: You will hire, develop, and manage a team of 12-18 individuals, fostering a supportive environment for entrepreneurs.
  • Community Engagement: You will cultivate essential relationships with community stakeholders and represent 20Fathoms in public forums.
  • Fundraising: You will oversee all fundraising efforts, including donor relations and grant applications.
  • Communication: You will prepare and present clear reports and updates to the Board of Directors, ensuring alignment with the organization’s goals.
  • Compliance Management: You will ensure adherence to nonprofit regulations and grant compliance, maintaining accurate records and reporting.

Qualifications

A minimum of a BA/BS degree, preferably a graduate degree in a relevant field, along with significant experience in leadership roles within the technology or startup sectors. Strong public speaking skills and a network of local relationships are essential.

Working Conditions

This is a full-time, salaried position with comprehensive benefits, including health insurance and retirement options. The role requires a significant on-site presence and occasional evening event attendance.



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