Venture Manager

University of British Columbia - Vancouver, BC (30+ days ago)

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Job Posting

Job ID:
37286

Location:
Vancouver - Point Grey Campus

Employment Group:
Management&Professional (AAPS)

Job Category:
Business Development

Classification Title:
Business Development, Level A

Business Title:
Venture Manager

VP/Faculty:
The Sauder School of Business

Department:
Sauder - Creative Destruction

Salary Range:
$61,840.00 (minimum) - $74,238.00 (midpoint) - $89,085.00 (maximum)

Full/Part Time:
Full-Time

Ongoing:
Yes

Desired Start Date:
2020/05/01

Funding Type:
Budget Funded

Closing Date:
2020/04/05

Available Openings:
1

Guiding principle: "Midpoint" of the hiring salary range means the individual possesses full job knowledge, qualifications and experience.

This position is expected to be filled by promotion/reassignment and is included here to inform you of its vacancy at the University.

Job Summary

The Creative Destruction Lab (CDL) is a unique program for massively scalable seed stage science-based technology startups. CDL provides milestone-based coaching to early stage companies with the goal of maximizing equity-value creation and technology cluster development in the region. The program's mentors are successful entrepreneurs with years of experience in building and scaling technology-oriented companies.

The Venture Manager will be responsible for several elements of day-to-day CDL-West operations; including, identifying potential opportunities, venture recruiting, account management for the ventures in the cohort, and supporting the delivery of CDL programming.

Organizational Status

Reporting to the Director (who oversees the day-to-day operations of CDL-West), the Venture Manager will support the full CDL-West operating cycle, which includes evaluating and recruiting early stage technology companies, and delivering programming to help accelerate their growth.

Work Performed

Venture Recruiting

  • Identify and create lists of centres of innovation in Western Canadian & US Universities, venture capital funds, incubators & accelerators, and tech associations to build a strong pipeline of CDL applicants.
  • Proactively search and create new business relationships for CDL-West and work with Senior Venture Managers to engage current and future cohorts.
  • Manages day-to-day facilitation between CDL-West, new ventures and other groups. Creates internal and external relationships to provide high level opportunities to the new ventures.
  • Advise on the development of outreach strategy for recruitment of future CDL-West cohort based on past experience.
  • Build pipeline of CDL-West prospects and implement system for monitoring.
  • Utilize analytical tools and evaluation frameworks to assess fit for early-stage science and engineering-based start-ups that apply for the CDL program.
  • Conduct initial screening of all CDL-West applicants and provide recommendations to decision committee.
Venture Management

  • Support Venture Managers and Senior Venture Managers with account management activities, including communications, research and overall client management.
  • Provide business development support to CDL-West ventures, as required.
  • Review and document interactions between Ventures, CDL Scientists, investors, and MBA/BComm students
  • Create plans based on interactions with ventures and provide advice to the different groups.
  • Utilize project management systems and generate reports for senior management on weekly basis
CDL Operations

  • Support strategic process improvement initiatives and works with the Senior Venture Manager by making recommendations and to ensure business success in the CDL-West division.
  • Report on CDL-West KPIs and create initial plans to present to the Senior Venture Manager and Director.
  • Support rollout of integrated communication strategy (social media, PR, etc.) in collaboration with CDL Toronto team
  • Provide ad hoc event planning support to CDL-West division.
Supervision Received

Reports to the CDL-West Director. Seeks advice from the Senior Venture Manager.

Supervision Given

N/A

Consequence of Error/Judgement

The CDL is a high priority and high profile initiative for the Sauder School of Business and UBC. Program outcomes can be expected to have a significant impact on Sauder and UBC's public profile and standing in the eyes of Universities, the startup & technology sector, and the general public in both Canada and the US.

In accordance with its agreement with the CDL at the Rotman School of Management, CDL-West has committed to ambitious short and long-term targets for equity value. Failure to meet this objective will reflect poorly on Sauder, UBC, and the high financial backers, and corporate sponsors who are associating themselves with CDL-West.

If successful, CDL-West will complement and enhance the other centres of innovation at UBC, and will create significant regional economic impact.

Qualifications

Undergraduate degree in a relevant discipline. Minimum of four years experience or the equivalent combination of education and experience. STEM Degree/technology background preferred. Significant experience working with startups, technology companies, or venture capital. Strong analytical ability and understanding of business models and drivers of success in startups across several verticals. Experience analyzing and systematically evaluate ventures - proficiency with financial modeling, conducting market analysis, and strategic planning is an asset. Experience and confidence leading high performing teams and engaging with multiple stakeholders. Entrepreneurial and highly motivated with strong interest in startups and venture capital. Excellent interpersonal skills - ability to interact and build relationships with a diverse and challenging personalities with a high degree of tact is critical. Highly organized with strong project management experience. Excellent written and verbal communication skills. Passion to consistently meet or exceed performance objectives. Strong, team-oriented work ethic with willingness to work independently and autonomously.

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Equity and diversity are essential to academic excellence. An open and diverse community fosters the inclusion of voices that have been underrepresented or discouraged. We encourage applications from members of groups that have been marginalized on any grounds enumerated under the B.C. Human Rights Code, including sex, sexual orientation, gender identity or expression, racialization, disability, political belief, religion, marital or family status, age, and/or status as a First Nation, Metis, Inuit, or Indigenous person.

All qualified candidates are encouraged to apply; however Canadians and permanent residents will be given priority.