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The Innovation Space · 1 month ago

Advanced Materials Entrepreneur-In-Residence / Executive-in-Residence (EIR)

Wilmington, DE

Part-time

Hybrid

Senior Level, Lead/Staff

$50/hr - $70/hr

10+ years exp

The Innovation Space is a 501c3 non-profit organization focused on supporting advanced materials startups. The Advanced Materials Entrepreneur-In-Residence will mentor and provide business insights to help facilitate the growth of startups in their portfolio, collaborating with staff and the entrepreneurial ecosystem.

Advanced MaterialsAgTechChemicalClean EnergyCleanTechLife ScienceNutritionRenewable Energy

Responsibilities

Work collectively with other members of the Innovation Space staff and partner with the broader entrepreneurial ecosystem to support a virtual cohort-based accelerator program supporting early-stage science startup companies and be a primary coach/mentor for startups in the program

Stay in strong sync with the needs of current and future residential incubator clients of Innovation Space to deliver first in class mentoring and business building support services

Actively and routinely collaborate with current clients of Innovation Space and assist them in removing obstacles and providing creative counsel to accelerate their business results. Provide leadership for the cultivation of new client leads for the Innovation Space as residential incubator clients in addition to companies to join as Innovation Space program clients

Be an effective advocate for The Innovation Space in external and virtual forums educating people on the value proposition and opportunities as part of our innovation ecosystem

Support due diligence for First Fund investment program decisions through interviews and review panel deliberations of applicants

Qualification

Advanced materials expertiseBusiness developmentCoachingMentoringIntellectual property strategyRegulatory complianceInvestment due diligenceCustomer service commitmentCommunication skillsDecision making

Required

Requires a science and/or business related Bachelor's degree (prefer MBA and/or PhD)

More than 10 years' experience starting, funding and/or building advanced materials businesses, preferably in a C-level startup or senior commercial role in related industries

Real-life experience with formation and growth of an advanced materials related company, setting up its governance, raising funds, and strategically managing its valuation and cap table over its growth cycle

Deep expertise in business development, marketing, and commercialization of advanced material product offerings globally in a large corporation

Strong understanding of the advanced materials industries and the entrepreneurial journey, including key areas such as business development and product development processes and timelines

Intellectual property strategy and protection

Regulatory pathways, approval processes, and compliance requirements

Customer qualification and market access considerations

Investment and due diligence processes specific to early-stage companies

Extensive knowledge and connections relevant to advanced materials startups (e.g., investors, partners, and customers)

Willingness to share and connect relevant parties when appropriate

An aptitude for mentoring and teaching, with excellent oral, written, interpersonal, and communication skills

A commitment to providing exceptional customer service

Ability to make decisions and exercise discretion, confidentiality and judgment in keeping with the level of the position

May require some evening and/or weekend hours

Preferred

Preferred experience in advanced materials for industries such as healthcare, clean water, aerospace, batteries, construction/buildings, thermal management materials, semiconductor processing materials, advanced photonics materials and technologies, and materials that enable advanced packaging in semiconductor industry

Experience in application development also highly desired

Company

The Innovation Space

The Innovation Space is a startup community located at the renowned Experimental Station designed for science entrepreneurs to help them address today’s challenging and diverse needs.

Founded in 2017

Wilmington, Delaware, USA

11-50 employees