The University of Minnesotaâ™s Venture Center, established in 2006, is an integral part of the Technology Commercialization office, focused on translating innovative research into viable startup companies. With 265+ startups launched and a consistent run rate of 20 to 25 new startups annually, the Venture Center plays a critical role in fostering entrepreneurship and driving economic development for Minnesota and beyond. It provides comprehensive support for UMN-affiliated startups, including access to funding, mentorship, and other resources, while actively engaging with the local and national innovation ecosystems.
The Venture Center Director will report to the Associate Vice President for Research and Innovation - in the Universityâ™s Technology Commercialization office. This role has ultimate leadership and management responsibility for the Venture Center business unit. The Director will set the strategic direction, oversee day-to-day operations, provide team supervision, along with having key individual contributor responsibilities. The position will also participate in the development of overarching strategies for Technology Commercialization and the Research and Innovation Office (RIO).
We offer a competitive annual salary range of $190,000 to $220,000, commensurate with experience and qualifications.
Position Duties and Responsibilities Business Unit Operations Leadership (35%) Strategic Planning (25%)
The Director will be responsible for developing and implementing strategic plans that align with the overall goals of the Venture Center, including:
External Business Relationships (25%)
The Director will play a key role in establishing and maintaining relationships with external stakeholders, focusing on:
Cross Functional Relationships (15%)
The Director will ensure productive collaboration between the Venture Center and other UMN departments, focusing on:
The Research and Innovation Office (RIO) and Technology Commercialization endorses a âœwork with flexibilityâ approach that offers a welcoming and flexible work environment where everyone is inspired to do their best. Work location options include working fully remote, partially remote, or entirely in the office and are based on the work of the position. Some on-site work may be necessary for certain positions, even those designated as fully remote.
This position has been designated as eligible for flexible work profile two.
Profile two is expected to work on-site more than 50% of the time. Your office will be located in the McNamara Alumni Center. Technology Commercialization management retains the right to modify flexible work arrangement agreements on a temporary or permanent basis for any reason at any time.
Required Qualifications
Preferred Qualifications
About University of Minnesota Twin Cities
The University of Minnesota, founded in the belief that all people are enriched by understanding, is dedicated to the advancement of learning and the search for truth; to the sharing of this knowledge through education for a diverse community; and to the application of this knowledge to benefit the people of the state, the nation, and the world.
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