What are the responsibilities and job description for the Founder in Residence - Geothermal position at Roadrunner Venture Studio?
Roadrunner Venture Studios turns science into industry-defining companies as quickly as possible. We start these companies alongside amazing founders in energy, climate, manufacturing, and computing.
About the Role:
We are seeking a Founder in Residence (FIR) with expertise in Advanced Energy, namely synthetic fuels, next-gen power electronics, geothermal and/or long duration energy storage to join our team and build a new company. At Roadrunner Venture Studios, our Founders in Residence are full-time, paid, 6-month residencies focused on company building.
We expect each FIR to pitch a viable company concept to Roadrunner within the first six months of the residency. This role is full-time and designed for visionary entrepreneurs with a proven track record of launching successful startups.
Founders can be located anywhere, but our center of gravity is New Mexico. We support each founder to start a venture-backable company within six months.
\n- $120k annualized salary
- Health benefits
- Access to our team, advisors, experts, and pipeline of companies, technologies, and partners.
- Up to $100k in R&D funding, sponsored research, or testing. Most founders use this funding to build the first prototype. This funding is included in the incubation services.
- Incorporation, accounting, and tax filing. We handle the paperwork.
- Non-dilutive funding and grant writing. On average, we close $250k for each company.
- Recruiting. In-house support for finding co-founders and hiring early employees.
- First customers. Market fit and first revenue, as quickly as possible.
- 25% ownership (common equity) for incubation and acceleration toward first product and first customer.
- A first look at what you’re building and an opportunity to write a pre-seed investment check ($250k - $1M)
- A strong technical background with experience in Advanced Energy, namely synthetic fuels, next-gen power electronics, geothermal and/or long duration energy storage
- A deep understanding of the commercialization process for complex technologies, including intellectual property strategy, regulatory considerations, and market entry challenges.
- Exceptional problem-solving skills, for both conceptual and analytical problems.
- Values-based, collaborative working style with demonstrated commitment to the highest standards of ethics.
- Grit and unwillingness to take no for an answer, with the desire to make change happen in the world.
Roadrunner Venture Studios is an Equal Employment Opportunity employer that proudly pursues and hires a diverse workforce. We do not make hiring or employment decisions on the basis of race, color, religion or religious belief, ethnic or national origin, nationality, sex, gender, gender-identity, sexual orientation, disability, age, military or veteran status, or any other basis protected by applicable local, state, or federal laws or prohibited by Company policy. We strive for a healthy and safe workplace and strictly prohibit harassment of any kind.
Salary : $120,000