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Director of Venture Creation

Company: Spartan Innovations
Location: East Lansing
Posted on: June 9, 2019

Job Description:

The Director of Venture Creation is expected to drive the overall development and commercialization of Michigan State University's (MSU) diverse technologies and create a ---best in class--- organization to exploit MSU's scientific discovery base and innovations from other areas of campus scholarship. The Director of Venture Creation is accountable for developing and implementing a pipeline that delivers sustainable start-up companies from the portfolio of innovations generated at MSU. The Director of Venture Creation will develop networks with key internal and external collaborators in the commercialization process that will include service providers, partner institutions and investors. This pipeline of start-up companies, when combined with outside venture expertise and investment alongside MSU Foundation capital, will generate significant investment returns to all stakeholders. In this role, the Director of Venture Creation is expected to: Work collaboratively with the MSU Foundation Board of Directors, the MSU Foundation Executive Director and MSU Innovation Center peer group to determine the long-term strategic direction and goals of the organization. Work collaboratively with the Office of the Senior Vice President of Research and Innovation, Deans and Department heads, the Council of Research Deans and others in senior University administration and faculty positions to cultivate a culture of entrepreneurship and collaborations that lead to a sustainable pipeline of new venture concepts built from MSU innovations. Closely collaborate with MSU Technologies, the technology transfer operations at MSU; Red Cedar Ventures and UCRP which operates two technology business incubators. Build and shape a cadre of Entrepreneurs-In-Residence to advise, lead and consult stakeholders in technology and business plan development while transitioning to a leadership role within the new venture. Create at least 5 new startup companies every year built from MSU patented or copyrighted technologies. Lead and manage a team of professionals while simultaneously owning and driving a specific portfolio of projects. Initiate, establish, develop and manage collaborative relationships with key industry, academic and governmental partners to promote Spartan Innovation's mission. This could include regional, state and national economic development agencies, programs and initiatives as well as MSU alumni. Oversee comprehensive outreach and communication strategies to promote a broad understanding of the role of Spartan Innovations with both internal and external stakeholders. Provide guidance on programs ensuring campus investigators are aware of Spartan Innovations, the invention disclosure process and additional resources. Prepare and deliver annual budgets, operating plan and updates on a quarterly basis to the Executive Director and the MSU Foundation board members. Enhance and expand the startup portfolio by providing strategic and business guidance as appropriate that drives quality projects. YourMembership.Category: Education, Keywords: Financial Aid and Scholarships Director

Keywords: Spartan Innovations, East Lansing , Director of Venture Creation, Executive , East Lansing, Michigan

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