President & CEO
Missouri Innovation Center/MU LifeScience Business Incubator at Monsanto Place
Position Announcement (download pdf version here)
We seek a dynamic leader capable of taking our life science and technology business incubator located on the campus of the University of Missouri (MU) to the next level through major projects that are in the works and initiatives that the successful candidate will bring to the table.
The executive director is responsible for strategic direction of the organization, securing its funding, and execution of programs, services and activities that fulfill MIC’s mission to stimulate innovation and entrepreneurship, educate and support emerging entrepreneurs, work closely with the MU Office of Research and provide full-cycle technology commercialization and business counseling for our clients.
This position has overall responsibility subject to Missouri Innovation Center (MIC) Board approval for strategic direction of the organization, securing its funding, and execution of programs, services and activities that fulfill MIC’s mission to stimulate innovation and entrepreneurship, educate and support emerging entrepreneurs, operate a technology business incubator, and provide full cycle technology commercialization and business incubation programs. Maintain strong relationships with University of Missouri and Missouri Technology Corporation/MO Department of Economic Development. Identify and address challenges encountered when advancing MIC’s mission, such as access to larger rounds of capital, and securing experienced CEOs to lead the area’s startups.
- Work with University and economic development organizations to support an entrepreneurial culture in mid-Missouri.
- Directly recruit, create awareness, or respond to inquiries leading to new clients served.
- Meet with entrepreneurs to determine their business needs and eligibility to reside at the incubator and/or participate in programming provided by the Missouri Innovation Center.
- Maintain and develop a process for business assistance to startups.
- Directly coach the founders and management of startups accepted as clients of MIC, particularly in regard to business model, writing a business plan, securing investment and R&D grant funding, and business plan implementation. Follow and continuously improve MIC Process Map.
Communicate and engage with the MIC Board, reporting financial and programmatic progress regularly and succinctly.
- Maintain relationships with University of Missouri and others to leverage appropriate resources that benefit MIC client companies. In particular, the Executive Director is encouraged to engage with MU’s Trulaske College of Business through a separate agreement that bolsters research and instruction in entrepreneurialism, and in other student programs, that advance the interests of the MIC as determined by the MIC Board.
- Develop and implement one or more funding mechanisms (angel investor network, pre-seed fund, etc.) to provide emerging entrepreneurs with the risk capital necessary to move their innovations forward.
- Identify tax credit and grant programs and then develop and submit grant applications to secure funding that supports the mission of the Missouri Innovation Center and its clients.
- Oversee management of the physical incubator facility including vendor relations, ongoing construction and renovations, utilities, maintenance and other necessary services.
- Maintain a positive working relationship with Missouri Technology Corporation (MTC), assure execution of the scope of work of the MTC contract and meet all reporting requirements.
- Prepare and submit reports as required by contracts, grants and agreements with third parties.
- Maintain a strong relationship with Centennial Investors.
- Sustain MIC’s professional memberships and accreditations, particularly National Business Incubation Association membership and International Soft Landings accreditation.
- Take such initiatives as enhance MIC’s achievement of its mission in a changing environment.
$100,000 - $180,000 per annum
A college degree is required. A graduate degree in a relevant field such as science, engineering, or business is preferred. Qualified candidates would have experience in industry, particularly with new product development or new business development, and preferably a broad-based understanding of industries and technologies in the life science sector.
- Experience launching and/or managing one or more start-up or growth companies.
- Four to five years in Marketing/Business Development or equivalent experience in promotional writing and/or sales.
- Experience writing, reviewing, managing and administering grants.
- Experience in early stage capital formation, including venture capital firms and angel investor networks.
- Experience working with State and Federal agencies and with the legislative process.
- Experience working with university administrators, faculty and students.
- Experience in non-profit fundraising.
This position is eligible for University benefits. The University offers a comprehensive benefits package, including medical, dental and vision plans, retirement, paid time off, and educational fee discounts. For additional information on University benefits, please visit the Faculty & Staff Benefits website at http://www.umsystem.edu/totalrewards/benefits
Equal Employment Opportunity