Venture Development Lead will work within the Enterprise for Research, Innovation and Knowledge (ERIK) Health Sciences Innovation team to map a plan for leading the universitys cutting- edge technologies to market through out-licensing as well as the creation and support of OSU startup companies under the direction of the Associate Vice President of Health Sciences. This position will work closely with the AVP to build a specialized team responsible for researching, marketing and developing OSU health sciences technologies to local, national and international industry partners for licensing and the identification of start-up opportunities within OSUs Health Sciences area of activity which includes, but is not limited to, Digital Health, Therapeutics, Diagnostics and Medical Devices. Triage/evaluate technologies prospects, identify business models, assist with business plan creation and review. Conduct market research and technology due diligence on high-value and high-impact pipeline technologies to prioritize for marketing and development. Works closely with external business leaders, industry partners, and the university to structure complex transactions that provide value to all parties and to ensure access to capital required for growth of the business. Works closely with leaders in colleges, departments, and the Technology Licensing officers to identify inventors and technologies with outstanding innovative potential, including those with strong startup potential. Introduce faculty and inventors to startup companies and entrepreneurs. Introduce funding sources to startup companies. Support startups with applications to the Ohio Third Frontier Technology Validation and Startup Fund (TVSF) Phase 2 program. Participates in the development of short- and long-range strategic goals and implements these into operations. Develops policies and procedures for implementation; provides recommendations for staff planning; leads recruitment, onboarding, training, and performance management of staff.

Required Qualifications

Bachelor's degree in STEM field or equivalent experience. Minimum of 6 years of relevant experience.

Desired Qualifications

Advanced degree in relevant field desired. 8-12 years of relevant experience. Extensive experience with state and federal commercialization advancement grants. Comprehensive knowledge of venture capital and investment funding. Technology based startup experience. In depth experience working with faculty and clinicians on technology commercialization. Extensive knowledge related to the FDA and similar governmental agencies regulatory process is. Excellent verbal and written communication skills.

The target salary range for this position is $110,000 - $144,700. The actual offer will depend on the candidate's experience, education, unit budget, and peer equity.

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About The Ohio State University

The Ohio State University is a dynamic community of diverse resources, where opportunity thrives and where individuals transform themselves and the world. Founded in 1870, Ohio State is a world-class public research university and the leading comprehensive teaching and research institution in the state of Ohio. With more than 63,000 students (including 57,000 in Columbus), the Wexner Medical Center, 14 colleges, 80 centers and 175 majors, the university offers its students tremendous breadth and depth of opportunity in the liberal arts, the sciences and the professions.

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