Director of Innovation and Commercialization, The Point

Full Time
Salt Lake City, UT 84112
$90,000 - $105,000 a year
Posted
Job description

We are seeking a Director of Innovation and Commercialization to join our team to support the Associate Commissioner of Innovation and Executive Director of the Innovation District at The Point.
The successful candidate will be responsible for supporting the Associate Commissioner of Innovation in developing out the vision, operations and systems of the Innovation District at the Point and the Innovation Lab and Fund, with a targeted focus on how to drive entrepreneurship and commercialization efforts. The candidate will assist in the development and investment of intellectual property, technology transfer operations in coordination with The Point and Utah Innovation Lab and Fund. In addition, this position will help in building out the Utah Futures Report, highlighting cutting edge innovation and entrepreneurship in Higher Education, Industry and Policy in the State of Utah.
The successful candidate will be required to help commercialize university research by building relationships with professors, students, and venture capital firms. This requires a deep understanding of technology transfer, University research and the venture capital industry.

Responsibilities
  • Independently evaluates the commercial potential by identifying new uses, markets, market size, competing technologies through the use of personal knowledge of emerging technologies, information gleaned from University partners, experts and on-line databases.
  • Collaborate with professors, students and industry partners to identify research projects that have commercial potential.
  • Understand and stay up-to-date with university research and industry trends.
  • Independently develops a strategy for each of the selected technologies or opportunities.
  • Prepare weekly, monthly and quarterly reports for presentation to the Associate Commissioner and Executive team to outline potential opportunities, fund or commercialization progress or success.
  • Work with venture capital firms to generate deal flow for the Utah Innovation Lab Fund, provide qualitative data to the Associate Commissioner and Executive team as requested.
  • Conduct due diligence on potential investment opportunities and present findings to the investment committee.
  • Proactively identifies potential problems with inventors, sponsors, and potential licensees.
  • Proposes, promotes and/or helps to negotiate solutions or agreements
  • Assist in the management of operations of the Utah Innovation Lab Fund, including preparing reports, creating presentations, tracking investments made, working with accounting/ legal and coordinating meetings.
  • Assist in the creation the Utah Future Report, which focuses on new and exciting developments in Utah’s schools and the Utah ecosystem. This includes understanding what cutting edge research is being developed and commercialized, what is being funded by venture capital that is tied to Utah, what new entrepreneurial businesses are being created, and what new policy and State efforts are being developed to support innovation. This will also include creating the report and supporting events to promote the report.
  • Assist in design thinking and system thinking efforts including workshops, presentations and creation of systems for Innovation efforts.
  • Participation on committees or industry associations as speaker, workshop leader, committee member, officer, etc. as requested by the Associate Commissioner.


Applicants must demonstrate the ability to perform the essential functions of this job as outlined in the position description.


Minimum Qualifications
  • Bachelor’s degree in related field required; preference will be given to applicants with a Masters degree in a related field.
  • Minimum of 2-4 years of full-time relevant work experience in industry supporting innovation, commercialization and venture capital
  • Entrepreneurial, communication and interpersonal skills are critical for success in this position; demonstrated ability to effectively communicate, build relationships with professors, students and venture capital firms required.
  • Strong analytical skills and the ability to conduct due diligence on potential investment opportunities.
  • Strong organizational and systems thinking expertise and the ability to manage multiple projects at once.
  • A passion for innovation and the ability to identify new opportunities for growth.
  • All other job duties or projects as assigned by the Associate Commissioner of Innovation.
  • Preference will be given to applicants with previous commercialization, technology transfer, university administrative or research experience, and venture capital efforts around commercialization.

Preferences

Type
Benefited Staff

Special Instructions Summary

Additional Information
The University of Utah values candidates who have experience working in settings with students from diverse backgrounds and possess a strong commitment to improving access to higher education for historically underrepresented students.

Individuals from historically underrepresented groups, such as minorities, women, qualified persons with disabilities and protected veterans are encouraged to apply. Veterans’ preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.

The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran’s status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.

To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action:

Director/ Title IX Coordinator

Office of Equal Opportunity and Affirmative Action ( OEO /AA)

383 University Street, Level 1 OEO Suite

Salt Lake City, UT 84112

801-581-8365

oeo@utah.edu

Online reports may be submitted at oeo.utah.edu

For more information: https://www.utah.edu/nondiscrimination/

To inquire about this posting, email: employment@utah.edu or call 801-581-2300.


The University is a participating employer with Utah Retirement Systems (“URS”). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS’ post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.

This position may require the successful completion of a criminal background check and/or drug screen.

https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.

Posting Specific Questions

Required fields are indicated with an asterisk (*).

Applicant Documents

Required Documents
  • Resume
  • Cover Letter
Optional Documents
  • Appropriate discharge document (such as a DD-214 – Member Copy 4) – Veteran Only – Call 801.581.2169
  • Addendum to the University of Utah - Veteran Only - Call 801.581.2169 after submission

Open Date
05/09/2023

Requisition Number
PRN34890B

Job Title
OCHE Director, The Point

Working Title
Director of Innovation and Commercialization, The Point

Job Grade
H

FLSA Code
Executive

Patient Sensitive Job Code?
No

Standard Hours per Week
40

Full Time or Part Time?
Full Time

Shift
Day

Work Schedule Summary
Hybrid; M-F 8am – 5pm

VP Area
President

Department
01379 - USHE Comissioner

Location
Office of the Commissioner - Downtown SLC

City
Salt Lake City, UT

Type of Recruitment
External Posting

Pay Rate Range
$90,000 - $105,000

Close Date

Open Until Filled
Yes

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