Senior Director, Venture Growth

POSTED: October 21, 2021
BUSINESS: Purdue Research Foundation
POSITION TYPE: Full-time
START DATE: Immediate Availability

Essential Functions

  • Ensure that Purdue Foundry has capability to support the growth of Purdue companies, including:
    • Management of current and future investment funds
    • Expanding and managing a network of investors (focused on angel investors and early stage venture firms)
    • Providing business growth advice to client companies, including expanding and managing a network of individuals to advise and/or lead Purdue startups
  • Investment fund management
    • Lead the management of the operations of PRF’s startup investment funds: Foundry Investment Fund, Ag Fund (aka Ag-Celerator), and Purdue Startup Fund.
    • Coordinate the management/oversight of PRF’s existing portfolio of startup investments; conducting regular collaborative activities with Accounting, OTC and others as necessary.
    • Identify and execute upon opportunities to increase Foundry’s early-stage investment offerings.
    • Preparation for, and execution of, all investment transactions (new) and corporate actions as necessary for holdings (existing).
  • Business growth advisory
    • Institute and manage a system of regular interaction and updates with prioritized portfolio companies.
    • Lead the staff in working directly with client companies to develop customized capital funding, talent acquisition strategies and associated workshops; manage staff in hosting appropriate events/visits to accomplish both.
  • Collaboration with Venture Creation
    • Leverage the talent and investor networks in collaboration with Foundry Venture Creation.
    • Develop and deliver content for Foundry clients relevant to capital and talent attraction.

 Additional Responsibilities

  • Ensure procedures are in place for drafting, reviewing and/or approval of all appropriate legal and investment documentation associated with both new investments from the funds and existing portfolio management needs.
  • Maintain a meaningful and impactful presence in Central Indiana, Statewide and National early-stage investment and entrepreneurial ecosystem communities. 
  • Professional Standing/Community Involvement
    • Appropriate association and board activity to enhance Purdue Foundry’s visibility in constituent communities (e.g. InBIA, Venture Club of Indiana, Innovation Showcase, National Venture Capital Association, Angel Capital Association)
  • Integration with Burton D. Morgan Center for Entrepreneurship and a variety of other University Entrepreneurship activities as appropriate.
  •  Staffing
    • Ensure that staffing is appropriate relative to size, needs, and responsibilities.
    • Provide supervision, training, development, guidance, and oversight to staff.
  • Services
    • Continually evaluate the effectiveness of services/programs and work to ensure their optimization.
    • Provide guidance and direction in creation of new services as necessary.
  • Oversee effective data management processes overall, but specifically for:
    • Investment performance metrics
    • The Connections compilation of executive summaries
    • Inventory of capital funding for all portfolio companies.
  • Public Relations
    • Ensure publicity of noteworthy activities in various media channels through PRF’s marketing and communications group.
    • Present information regarding the Purdue Foundry as appropriate to visitors, interest groups and community leaders
    • Maintain metrics data that will demonstrate the overall impact of our activities.
  • Other duties as identified.
  •  

Knowledge, Skills and Abilities

  • Demonstrated abilities to work closely with both the academic and business communities as a facilitator for the transfer of information, concepts, cooperation and collaboration.
  • Proven abilities to interact comfortably and effectively with senior business leaders, investors, fund managers, professional service providers and university officials in the facilitation of projects.
  • Excellent skills in verbal and written communication, in one-on-one settings, small groups and more formal settings with audiences of 50+ listeners.
  • Regular and reliable attendance are requirements of this position.

  Education/Experience

  • Bachelor’s degree in the life sciences, engineering, information technology, or business administration / management. 
  • Master’s In Business Administration degree preferred, especially if undergraduate degree is in a technical (i.e., science or engineering) field.
  • A minimum of ten (10) years of specific experience in significant leadership roles in business management with exhibited experience in startups and/or capital funding.
  • Direct experience with small business, start-up ventures or with high technology innovations and/or ventures, preferably in a leadership role.

     

If you are interested in applying, please click here to begin the process: https://www.applyatprf.com.The application deadline is Friday, November 12, 2021.

A criminal conviction check and negative controlled substance test are required for employment in this position. 

Purdue Research Foundation is an equal opportunity, affirmative action employer. PRF views, evaluates, and treats all persons in all Foundation-related activities solely as individuals on the basis of their own personal abilities, qualifications, and other relevant characteristics.  All qualified applicants for employment will receive consideration without regard to race, religion, color, gender, national origin or ancestry, genetic information, marital status, parental status, sexual orientation, gender identity and expression, disability, or status as a veteran.

 

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