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Associate Director, Startup Programs and Innovation

2 months ago


Worcester, Worcestershire, United Kingdom Worcester Polytechnic Institute Full time

Job Summary:

The Associate Director for Startup Programs and Tech Incubation at Worcester Polytechnic Institute is responsible for working with WPI faculty inventors to identify potential start-ups and provide assistance for their development. This role involves meeting with incubator companies to support their growth, providing technical assistance, access to shared facilities, and counseling in business operations and strategy.

Key Responsibilities:

  • Oversee and manage the day-to-day operations of the incubator program, ensuring its smooth functioning and optimal performance.

  • Collaborate with key WPI stakeholders to establish and optimize incubator operating processes, including recruitment, operations, program management, and budget.

  • Evaluate and select promising manufacturing start-ups to participate in the incubator program based on established criteria.

  • Work with incubator companies to assess their equipment needs, connecting them to appropriate WPI or external facilities.

  • Provide mentorship and strategic guidance to incubated start-ups, assisting them in refining their business models, manufacturing processes, and operational strategies.

  • Foster a supportive and collaborative environment within the incubator, encouraging knowledge-sharing and networking opportunities among startup founders.

  • Establish and maintain relationships with key stakeholders and partners of the program, including industry experts, investors, and potential customers.

  • Measure and report key indicators regarding the performance and impact of the incubator program.

  • Connect start-ups with relevant industry experts, investors, and potential customers to facilitate their growth and access to resources.

  • Conduct regular progress reviews and assessments of each start-up's performance, offering constructive feedback and identifying areas for improvement.

  • Monitor and track the incubator's overall performance metrics, such as start-up success rate, funding raised, and job creation.

  • Cultivate relationships with strategic partners, industry associations, and governmental organizations to strengthen the incubator's network and access to resources.

  • Perform other duties as assigned by the institution.

Requirements:

  • Bachelor's degree in a STEM-related field of study required.

  • Master's degree in a closely related field of study preferred.

  • Three to five years of related experience with professional-level program management experience.

  • Five to eight years of related experience preferred.

Please include a cover letter with a resume for consideration.