University of Pittsburgh · 2 months ago
Entrepreneur-in-Residence (EIR), Part-Time
Pittsburgh, PA
Part-time
Onsite
Senior Level
$55/hr - $55/hr
5+ years expThe University of Pittsburgh is seeking part-time Entrepreneurs-in-Residence (EIRs) to join their Ventures Group within the Office of Innovation & Entrepreneurship. The role involves advising on the commercialization of university inventions, evaluating market potential, and collaborating with external partners to foster innovation.
Higher Education
No H1B
Responsibilities
Evaluate inventions and intellectual property (IP) for market potential and commercial viability
Develop and execute tailored commercialization strategies, including identifying potential market opportunities and paths to scale
Actively lead and participate in key company formation activities, such as: Identifying and vetting prospective management teams
Sourcing early-stage investors and participating in fundraising discussions
Advising on spin-off structures and business plans
Monitoring the post-license performance of newly formed companies
Collaborate effectively with a wide range of external partners, including entrepreneurs, early-stage venture capitalists, companies, and regional economic development organizations to advance innovations
Contribute to the continuous improvement of the University’s entrepreneurial programs (e.g., NSF I-Corps, accelerators, pitch competitions), bringing a real-world, practitioner's perspective
Maintain accurate records, logs, and databases related to innovation assessment and commercialization progress
Qualification
Required
A Bachelor's degree
5 years of experience
Successful experience in operating, investing in, or acquiring startup companies
Deep experience in Software and/or AI or a background in Medical Devices or Pharmaceuticals/Life Sciences
Maintain accurate records, logs, and databases related to innovation assessment and commercialization progress
Collaborate effectively with a wide range of external partners, including entrepreneurs, early-stage venture capitalists, companies, and regional economic development organizations
Contribute to the continuous improvement of the University's entrepreneurial programs
Evaluate inventions and intellectual property (IP) for market potential and commercial viability
Develop and execute tailored commercialization strategies, including identifying potential market opportunities and paths to scale
Actively lead and participate in key company formation activities, such as identifying and vetting prospective management teams, sourcing early-stage investors, advising on spin-off structures and business plans, and monitoring the post-license performance of newly formed companies
Company
University of Pittsburgh
The University of Pittsburgh is a top-ranked, public institution in Pennsylvania and a member of the Association of American Universities of leading research universities.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Alexandra Costlow
Communications Specialist for the CFO / SVC Office
Narahari Sastry
Senior Vice Chancellor & CFO
Recent News
Pittsburgh Business Times
2024-02-08
Pittsburgh Inno
2024-02-02
Pittsburgh Business Times
2024-01-23
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