Manager, New Ventures

Job Title

Manager, New Ventures

Agency

Texas A&M University System Offices

Department

Texas A&M Innovation

Proposed Minimum Salary

Commensurate

Job Location

College Station, Texas

Job Type

Staff

Job Description

The System Offices is one of several system members within the Texas A&M University System representing one of the largest systems of higher education in the nation, with a network of 11 universities, a comprehensive health science center, eight state agencies, and the RELLIS Campus. The Texas A&M University System mission is to provide education, conduct research, commercialize technology, offer training, and deliver services for the people of Texas and beyond.

The System Offices, within the Texas A&M University System, provides an outstanding benefits package including, but not limited to : competitive health benefits; paid vacation, sick leave, and holidays; a defined benefit retirement plan with 8% employer contribution through Teachers Retirement System of Texas (TRS); tuition assistance; and wellness programs to promote work / life balance.

Salary :

Commensurate with experience.

Job Description Summary :

The New Ventures Manager, under direction, identifies and manages business development opportunities of commercial potential for intellectual properties owned or developed by The Texas A&M University System (A&M System), including creating an interface with potential investors, industry representatives, and technology partners.

Responsibilities : - Participate in the planning and initiation of industry engagement activities in support of the overall mission to promote more industry interaction and funding of Texas A&M research programs and startups.- Assist in the tracking of the progress of start-up companies and young companies developing Texas A&M technologies, from pre-formation to scale up.- Assist with startup companies to promote their growth and success by helping them to develop business plans, pitch decks, and financial models, and connect with appropriate investors and establish collaborative relationship with research funders.- Help maintain and grow database of regional and national capital investment network partners.- Assist in the support of commercialization grant applications, including Small Business Innovation Research (SBIR) / STTR grants.- Assist in the assessments of new technologies for suitability of commercialization through a startup company.

Perform due diligence on promising business concepts.- Conduct outreach to potential strategic partners to establish contacts and initiate discussions regarding Texas A&M technology-based startups; record interactions and maintain list of potential industry contacts.- Assist Texas A&M-affiliated start-up and early-stage companies in seeking and securing capital investment.- Assist with the preparation of equity-related documents related to Texas A&M equity ownership in licensees and other Texas A&M-affiliated companies (including stock agreements, warrant agreements, convertible notes, SAFEs, investor term sheets, and liquidation agreements).- Participate in various university, regional and national groups promoting economic and community development, new venture creation and industry engagement.- Assist in the preparation of reports for Texas A&M leadership and for regional and state economic development stakeholders summarizing Texas A&M's efforts in support for entrepreneurship and new venture activities

Other duties as assigned.

Education and Experience : - Bachelor’s Degree or equivalent combination of education and experience.- Five years of related experience.

Knowledge, Skills and Abilities : - Knowledge of word processing and spreadsheet applications.

Occasional travel outside of normal office hours.

Ability to multi-task and work cooperatively with others.

Preferred Qualifications :

• Experience working in university commercialization is preferred.

Other Requirements :

This is a security-sensitive position and is restricted to U.S. citizens and legal permanent residents only. Only complete applications will be considered for employment at The Texas A&M System Offices. Incomplete job application data could result in your application being rejected without an option to reapply. A cover letter and resume may be required in addition to a completed employment application.

All positions are security-sensitive. Applicants are subject to a criminal history investigation, and employment is contingent upon the institution’s verification of credentials and / or other information required by the institution’s procedures, including the completion of the criminal history check.

Equal Opportunity / Affirmative Action / Veterans / Disability Employer.