What are the responsibilities and job description for the BioCT - Director of Strategic Initiatives and Partnerships position at Connecticut Innovations?
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About BioCT
BioCT is the life sciences trade association for Connecticut. Our mission is to catalyze and accelerate growth in the life sciences with the goal of improving human health, by fostering a rich, innovative ecosystem and promoting Connecticut as a preferred destination for life sciences exploration and innovation.
Position Overview
The Director plays a pivotal role in expanding BioCT’s impact and influence. This individual reports to the CEO, and collaboratively interacts with BioCT’s members, staff, Board of Directors, committee members, and greater life sciences community. This individual is responsible for:
- Oversight of all capital raising operations to meet or exceed the organization’s annual revenue budget, while adhering to (or reducing) expenses
- Nurturing and deepening relationships with current members, servicing as a day-to-day contact and to ensure employees within our member organizations are aware of their BioCT benefits and events
- Designing, implementing, and overseeing strategic partnerships, initiatives, and programs that align with the organization’s mission and goals and increase the organization’s impact and visibility
- Identifying new members and sponsors, and expanding revenue sources to position BioCT for success and growth
- Spearheading efforts to foster collaboration across the life sciences ecosystem, including industry, academia, government, and nonprofit sectors
The Director works cross-functionally with other staff members to align membership management and recruitment efforts with organizational objectives. To articulate the value of BioCT membership, this individual will stay apprised of all programming, legislative initiatives, events, partnerships and member benefits and activities
Membership Engagement
- Conduct regular outreach to identify member interests and needs, and in collaboration with staff, develop and oversee the implementation of programs and initiatives to enhance member engagement, renewal and participation
- Foster a welcoming and inclusive environment for new members to integrate into the BioCT community
- Track member engagement metrics to evaluate the effectiveness of programs and identify areas for improvement
- Outline a data-driven member engagement, retention, and recruitment strategy and implementation plan
- Oversee all membership reporting, including but not limited to - accurate membership records, membership trend analysis, recruitment and retention reports, current, new and prospective member information
- Develop strategies and programs to stimulate member engagement to encourage membership renewal
- Assist with and attend BioCT events to deepen member relationships and assess member prospects
Development
- Establish short- and long-range plans to achieve the organization’s growth objectives
- Conduct research to identify and qualify potential new members, assessing their interests and ability to participate in a meaningful way
- Proactively expand the organization’s member and sponsor base, and identify and secure new revenue sources
- Work closely with the CEO to ensure alignment on organizational goals and strategic priorities
- Periodically conduct evaluations of programs and outreach initiatives
Strategic Partnerships
- Identify, establish, and cultivate strategic partnerships that enhance BioCT’s reach, influence, and resources
- Act as a primary liaison between BioCT and external partners, including industry, investors, research institutions and academia, and state/federal government agencies
- Act as the point of contact for the day-to-day needs of members, sponsors, and partners and take a consultative approach to building and maintaining partnerships
- Design and package creative partnership concepts which deliver measurable ROI to BioCT and its members
- Develop and implement a strategy to support organizational goals in advocacy, community engagement, and reputational growth
Advocacy and Leadership
- Represent BioCT at industry events, conferences, and forums to build brand recognition and advocate for policies that support the life sciences ecosystem
- Provide thought leadership on industry trends, challenges, and opportunities, positioning BioCT as the industry voice for life sciences in Connecticut
- Communicate the impact and influence of Connecticut’s life sciences industry nationally and internationally
Qualifications
This individual will be connected within the State with an understanding of the innovation and entrepreneurial ecosystem, be a concise and persuasive communicator and efficiently manage multiple projects with competing priorities. Additionally:
- Bachelor’s degree in life sciences, business, public policy, or a related field with 15 years of experience in strategic partnerships, business development, or program management within the life sciences, healthcare, or related sectors
- Possess a strong understanding of the life sciences landscape, including emerging trends, policy issues, and ecosystem dynamics
- Possess excellent leadership, communication, and relationship-building skills with a track record of success operating in cross-functional environments
- Establish and maintain high-level partnerships across diverse stakeholder groups
- Create and execute membership and partnership opportunities, events and initiatives which add measurable value
- Operate as a team player who doesn’t believe any task is too small, and thrives in a fast-paced, dynamic environment
This job description is not designed to be a comprehensive listing of activities, duties or responsibilities and may change at any time.