What are the responsibilities and job description for the Starts Principal position at Medical Alley?
Job Title: Starts Principal
About Medical Alley Association (MAA)
Medical Alley Association (MAA) is a non-profit organization dedicated to advancing healthcare transformation as the epicenter of health innovation and care. As the only organization representing the entire continuum of care, MAA has a significant impact on the $4 trillion dollar U.S. healthcare sector.
We are seeking a highly motivated and experienced professional to join our team as a Starts Principal. This role will play a critical part in developing new products and services that drive business growth and mission impact for MAA.
About the Role
The ideal candidate will be an individual who sees opportunities everywhere and enjoys helping build and grow companies that aim to change the world. They will have a strong network of relationships and partnerships across cultures, languages, and time zones.
The Starts Principal will lead efforts to support startups, engage corporate leaders, bring investment to the region, expand MAA's reach worldwide, and position MAA as the definitive organization for health innovation.
Key Roles & Responsibilities
Account Management, Business and Economic Development (50%)
- Support startups in finding investors, talent, and strategic partners.
- Interface with corporate development executives and venture firms to scout for investment opportunities globally.
- Partner with key local and national organizations involved in trade, trade policy, economic development, and business advisory services.
- Develop, drive, and build relationships with a portfolio of international partners, government agencies, and trade groups.
- Assist international businesses in evaluating MAA as a site for their U.S. growth, connect with service providers, and provide critical connections and advice.
Data and Market Analysis (20%)
- Prepare reports that highlight the local innovation ecosystem.
Strategy and Growth (20%)
- Assist in executing prospective, engagement, and renewal strategies in alignment with business objectives to drive partnership growth and retention.
- Engage in a variety of projects and initiatives to build domestic and global networks for MAA.
- Drive improvements to maximize the MAA partner experience and value proposition.
Miscellaneous (10%)
- General administration - data entry, creation of content and materials, event support, and customer service.
Qualifications/Requirements
The ideal candidate will possess:
- 5-7 years of professional experience in healthcare, venture capital, economic development, or managing complex projects with varying deadlines.
- A high level of comfort and social skills to interact with individuals and groups, engaging at all levels of an organization, particularly at the C-suite level.
- Strong oral and written skills.
- Awareness and sensitivity to diverse cultures, foreign culture's approach to business, ability to gain trust, and manage confidential information.
- A strong interest in fields such as healthcare, biological sciences, medical devices, manufacturing, and/or digital health.
- Ability to effectively prioritize and manage multiple projects and deadlines with minimal supervision.
- A strategic thinker and continuous learner who demonstrates the willingness and ability to disseminate complex information.
- Experience in international business preferred.
- Foreign language skills preferred.
- MBA, MPH, or similar degree preferred.
Position Details
This is a full-time, exempt employee position that requires residence in the Twin Cities area and reliable transportation. Occasional travel and flexibility to work weekends or evenings may be required.
Salary : $4
