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Director for New Business Ventures, DPI

Employer
University of Illinois at Urbana-Champaign
Location
Champaign, IL

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Job Details

Title:Director for New Business Ventures, DPI Job Category:Academic Professional Description:

Director for New Business Ventures

Discovery Partners Institute

University of Illinois System - Chicago

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The Discovery Partners Institute (DPI) empowers people to jumpstart their tech careers or companies in Chicago. Led by the University of Illinois System in partnership with some of the world's top research institutions, DPI does three things centered around economic development: tech talent development for high-demand tech jobs; applied research and development; and building a stronger tech ecosystem. DPI prepares students and workers to step into high-demand tech jobs. It also builds research teams and matches them with new funding. With state investment and a new innovation district in development, DPI has the resources to attract, develop and leverage the most ambitious people and companies the region has to offer - and keep them here.

The Discovery Partners Institute is seeking a highly qualified and innovative leader for its Ventures unit. The Director for New Business Ventures will be responsible for commercialization initiatives within the DPI that lead to new businesses that transform the economy of the city and state. Working with a number of public and private entity stakeholders, the Director for New Business Ventures will ensure that DPI's portfolio of businesses have every opportunity for success. Current and future collaborators include State of Illinois, University of Illinois, City of Chicago, local and in universities as well as venture capital firms, professional service firms, local company incubators and accelerators and others as required. This role will ensure that DPI's mission and goals are executed in all aspects of the design, establishment, development and operations of DPI's Ventures unit.

Duties:

Duties and Responsibilities

  • Establish the Ventures Unit within DPI to build a portfolio of businesses, in first instance based on and leveraging the science teams in the Research Unit
  • Build and manage the organization to:
  • -Work with the Research Unit to actively identify opportunities for building new businesses
  • -Work with the science teams and their PIs to gain their support for the businesses
  • -Draft the business plans
  • -Develop access to capital
  • -Mobilize the business specific staff (fulltime or not, employed or contracted) to establish and start the businesses
  • -Form the businesses
  • -Provide access to an ecosystem of professional and physical support for the newly formed businesses
  • -Provide guidance and mentorship as appropriate
  • Design and implement the model for DPI participation in the businesses with the objective to fund and grow the Ventures Unit
Qualifications:

Qualifications

  • Candidates must possess a Bachelor's degree in engineering, science, business administration, finance or related field required. MBA or equivalent degree strongly preferred. A minimum of 15 years' relevant experience building businesses required.
  • Knowledge of start-up company formation, financing, teambuilding, sales and marketing and resource development required.
  • Ability to communicate effectively and translate technical information and ability to synthesize and visually communicate complex data through reports and or dashboards desired.
  • Ability to analyze data and think critically, lead and motivate diverse teams, multi-task and manage complex processes and organize and plan complex projects desired.

This is a full-time, 12-month Academic Professional position. For full consideration, candidates must apply and submit a letter of application, resume, and names/addresses/phone numbers of three professional references by August 2, 2021 at https://uajobs.hr.uillinois.edu/.

The System Office conducts background checks on all job candidates upon acceptance of a contingent offer of employment. Background checks will be performed in compliance with the Fair Credit Reporting Act. The University of Illinois System requires candidates selected for hire to disclose any documented finding of sexual misconduct or sexual harassment and to authorize inquiries to current and former employers regarding findings of sexual misconduct or sexual harassment. For more information, visit https://www.hr.uillinois.edu/cms/One.aspx?portalId=4292&pageId=1411899

System Human Resource Services
(217) 333-2600
[email protected]

The System Office is an affirmative action/equal opportunity employer dedicated to building a community of excellence, equity and diversity. The System Offices welcome applications from women, underrepresented minorities, individuals with disabilities, protected veterans, sexual minority groups and other candidates who will lead and contribute to the diversification and enrichment of ideas and perspectives.

Close Date:08/02/2021

Organization

Since its founding in 1867, the University of Illinois at Urbana-Champaign has earned a reputation as a world-class leader in research, teaching, and public engagement.

Faculty

A talented and highly respected faculty is the University's most significant resource. Many are recognized for exceptional scholarship with memberships in such organizations as the American Academy of Arts and Sciences, the National Academy of Sciences, and the National Academy of Engineering. 

Our faculty have been awarded Nobel Prizes, Pulitzer Prizes, and the Fields Medal in Mathematics.The success of our faculty is matched by that of our alumni: 11 are Nobel laureates and another 18 have won Pulitzer Prizes.

Academic Resources

Academic resources on campus are among the finest in the world. The University Library is one of the largest public university collections in the world with 11 million volumes in its 37 unit libraries. Annually, 53,000,000 people visit its online catalog. Students have access to thousands of computer terminals in classrooms, residence halls, and campus libraries for use in classroom instruction, study, and research.

Research

Students and scholars find the University an ideal place to conduct research. The Beckman Institute for Advanced Science and Technology is a model for interdisciplinary research, where eighteen research groups from sixteen University departments work within and across three broadly defined themes: biological intelligence, human-computer intelligent interaction, and molecular and electronic nanostructures. The University is also home to the National Center for Supercomputing Applications (NCSA).

Undergraduate Education

The University has a fundamental commitment to undergraduate education. Nearly 28,000 undergraduate students are enrolled in nine undergraduate divisions, which together offer some 4,000 courses in more than 150 fields of study.

Undergraduate admission is highly selective. In the 2001 freshman class, students in the middle 50% had ACT scores between 25 and 30 and ranked between the 83rd and 96th percentiles of their high school graduating classes.

The University enrolls over 9,000 graduate and professional students in more than 100 disciplines. It is among the top five universities in number of earned doctorates awarded annually in the United States.

Also integral to the University's mission is a commitment to public engagement. Each year about 65,000 Illinois residents participate in scores of conferences, institutes, courses, and workshops presented statewide. Research and class projects take students and professors off campus to share expertise and technical support with Illinois farmers, manufacturing firms, and businesses. In a typical year, student volunteers log more than 60,000 volunteer hours.

The Arts

A major center for the arts, the campus attracts dozens of nationally and internationally renowned artists each year to its widely acclaimed Krannert Center for the Performing Arts. The University also supports two major museums: the Krannert Art Museum and Kinkead Pavilion; and the Spurlock Museum, a museum of world history and culture. 

Other major facilities include the multipurpose Assembly Hall (16,500 seats); Memorial Stadium (70,000 seats), site of Big Ten Conference football games; and the Intramural-Physical Education Building, one of the largest recreational facilities of its kind on a university campus.

Inclusive Illinois, one campus, many voices

Inclusive Illinois is the University’s commitment to cultivating a community at Illinois where everyone is welcomed, celebrated, and respected. Illinois is about how we value difference to make a difference. http://www.inclusiveillinois.illinois.edu/

As evidence of the University’s commitment to enhance the working, living, and learning environment for faculty, staff, and students, the University will encourage a standard of conduct and behavior that is consistent with the values of inclusivity. In an environment of inclusivity, there is no place for acts of hatred, intolerance, insensitivity, bigotry, threats of violence, harassment or discrimination.

Inclusive Illinois, one campus, many voices

Inclusive Illinois is the University’s commitment to cultivating a community at Illinois where everyone is welcomed, celebrated, and respected. Through education, engagement, and excellence, each voice creates the Inclusive Illinois Experience.

How can we appreciate difference to make a difference?

Illinois is the place where we embrace difference. We embrace it because we value it. We value it because we know that we have so much to learn from each other in our living, learning, and working environment.

Illinois is the place where we recognize the power of possibility and where great potential is realized. Inclusive Illinois is the vision of that place: a vision made real by leadership and commitment.

Illinois is the place where consensus is forged by discourse and where everyone’s contributions are recognized: significant contributions that elevate us because they are informed and enhanced by race, ethnicity, gender, sexual orientation and gender identity, age, physical ability, religion, class, and national origin. We are enriched by these perspectives, and we are united by the very discourse that brings these views together.

It is a process. It is transformative. And we celebrate the remarkable changes we set in motion here … taking an important step … crossing boundaries … starting with our own.

It all starts with each of us: with our willingness to embark on the journey in the search for answers, and with our openness and acceptance of the answers we find. Illinois is the place where it all comes together.

Learn more about how Inclusive Illinois promotes diversity here.

Commitment to Equal Opportunity

The commitment of the University to the most fundamental principles of academic freedom, equality of opportunity, and human dignity requires that decisions involving students and employees be based on individual merit and be free from invidious discrimination in all its forms, whether or not specifically prohibited by law. Among the forms of invidious discrimination prohibited by the University policy but not law is discrimination, including harassment, on the basis of sexual orientation. Complaints of invidious discrimination in violation of University policy are to be resolved within existing University procedures. The policy of the University of Illinois is to comply with all federal and state nondiscrimination, equal opportunity, and affirmative action laws, orders, and regulations. The University will not engage in discrimination or harassment against any person because of race, color, religion, sex, national origin, ancestry, age, marital status, disability, unfavorable discharge from the military, or status as a disabled veteran or a veteran of the Vietnam era. This nondiscrimination policy applies to admissions, employment, and access to and treatment in University programs and activities

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