Venture Capitalist is responsible for targeting and acquiring profitable investment opportunities on behalf of the company. Manages assets of size $50,000-$2,000,000. Being a Venture Capitalist requires a bachelor's degree in area of specialty and 1-5 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Additionally, Venture Capitalist relies on experience and judgment to plan and accomplish goals. Performs a variety of tasks. A wide degree of creativity and latitude is expected. Typically reports to a manager or head of a unit/department. (Copyright 2024 Salary.com)
A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.
Innovation Partnerships is seeking a full-time Venture Analyst who will support Innovation Partnerships Ventures and Impact Investment team operations, including deal sourcing, due diligence, investment analysis, portfolio management, industry and technology trend analysis, and networking. This role provides an opportunity to connect with entrepreneurial leaders and grow professionally through exposure to diverse startups and established venture investors. Enthusiastic individuals passionate about the Michigan startup and investment community are encouraged to apply. This position will report to the Executive Director of Impact Investments and Strategic Alliances.
This position is a two-year, term-limited position.
Why Work at Michigan
In addition to a career filled with purpose and opportunity, The University of Michigan offers a comprehensive benefits package to help you stay well, protect yourself and your family and plan for a secure future.
Benefits include:
The University of Michigan is one of the world's most powerful engines for scholarly research, service, and impact. Sustaining and supporting the University's robust research enterprise are vital for maximizing innovation and economic growth. As a service and resource for researchers interested in commercialization of technologies and research discoveries, Innovation Partnerships is a unit of the Office of Research that plays a central role in helping to ensure that society realizes the benefits of the research conducted at the University of Michigan.
Innovation Partnerships is primarily responsible for the commercialization of University of Michigan research, additionally the team supports research and innovation commercialization at all of Michigan's public universities. Innovation Partnerships aids innovators through corporate sponsored research collaborations, licensing strategy, or connections with entrepreneurs and investors to support startup company formation. The Ventures team at Innovation Partnerships is responsible for supporting university innovators by providing early-stage business development, connections within the entrepreneurship ecosystem, and - when appropriate - financial support through either grant funding or venture investment through the Accelerate Blue Fund and the Michigan University Innovation Capital Fund.
The Michigan University Innovation Capital Fund ("MUICF") is a pre-seed venture capital fund that invests in founders building fast-growing technology companies based on research from the state of Michigan's public universities.
The Accelerate Blue Fund ("ABF") is a pre-seed venture capital fund that invests in founders building fast-growing technology companies based on research from the University of Michigan.
Both funds focus on accelerating innovative university technology startups by providing risk tolerant patient investment capital and a state-wide network of business support services to accelerate the completion of key business milestones that unlock long-term value to drive economic and job growth in Michigan.
MUICF was established from an award from the Michigan Strategic Fund and Michigan Economic Development Fund through the Michigan Innovation Capital Fund program in 2024.
ABF was established in 2021 and funded through philanthropic support and is evergreen, meaning all investments of donor funds are returned to the fund for future investment.
Innovation Partnerships is responsible for managing both the MUICF and ABF. In addition to fund management, the Ventures and Impact Investment teams at Innovation Partnerships are responsible for supporting university innovators by providing early-stage business development, connections within the entrepreneurship ecosystem, and - when appropriate - financial support through grant funding and/or venture investment via ABF and MUICF. The Venture Analyst will support these efforts, specifically supporting the University's startup companies and MUICF and ABF.
As a Venture Analyst for MUICF/ABF your responsibilities will include but are not limited to:
The position serves as an excellent platform to break into the state of Michigan's startup and venture investment ecosystem. The Venture Analyst should be excited about Innovation Partnerships' mission and Michigan startup and venture investment ecosystem, the Venture Analyst should be excited about Innovation Partnerships' mission and be willing to learn. Strong communication, organizational, and analytical skills are essential.
This position may be eligible for remote and/or flexible work opportunities at the discretion of the hiring department. Flexible work agreements are reviewed annually and are subject to change dependent on the business needs of the hiring department, throughout the course of employment.
Don't meet every single requirement for this position? At U-M we are dedicated to building a diverse, inclusive and authentic workplace. If you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply.
The University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks are performed in compliance with the Fair Credit Reporting Act.
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.
The University of Michigan is an equal opportunity/affirmative action employer.
248041
Venture Analyst
Lic/Patent Assoc Tech Transfer
Ann Arbor Campus
Ann Arbor, MI
Full-Time
Regular
Exempt
Umor Tech Trnsfr-Ott
UMOR Innovation Pshps Admin
4/22/2024 - 5/13/2024
Research