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Seven Oaks Chronic Disease Innovation Centre
2300 McPhillips Street
Director Business Development & Commercialization
Supervision Received: CEO, CDIC
Supervision Exercised: TBD
Employment Status: Full Time, One Year Term
Effective Date: February, 2023
Reporting to the CEO, the Director, Business Development & Commercialization will lead the planning and development of a new Industry Partnerships and Commercialization Office (IPCO) type entity. With the support and guidance of the Chronic Disease Innovation Centre’s (CDIC) core team, the Director will be responsible for developing a structure, strategy, funding, marketing, and launch of the new organization. The Director will also be responsible for advancing key products/services/technologies with strong commercialization potential.
Duties and Responsibilities
Lead the planning and development of a new IPCO type organization:
Develop the vision, purpose/objectives/description and name for new entity;
Conduct market research;
Recommend and develop a business/organization structure;
Develop a business plan that includes; market assessment, description of product/service details, strategic plan, operations plan, sales and marketing plan, human resources plan, infrastructure/capital plan, financial plan, summary of risks, investments and relevant sources of information and research;
Identify and secure funding/financing from public and private sources;
File necessary regulatory and legal documents to create the new organization;
Obtain insurance commensurate with research/project activities;
Plan for potential new office location;
Develop policies and procedures for the day-to-day functioning of the new entity.
Develop a collaboration model with CDIC to create a pipeline of innovation ideas; lead an innovation planning process ensuring innovation goals are realized and the long-term pipeline is robust.
Assist with the development of a Commercialization Working Committee comprised of experts in the relevant fields and areas of product commercialization.
Identify products/services/programs with strong commercial potential and develop commercialization opportunities e.g., knowledge transfer, start-ups, spin-offs, licensing.
Engage in extensive ecosystem networking to identify and engage potential industry and academic partners, entrepreneurs and other relevant associations and agencies with the aim of fostering collaborations.
Manage key accounts, initiatives, projects, portfolios and programs, while providing reviews, metrics and outcome assessments.
MBA or equivalent business degree.
Master’s degree in health sciences considered an asset.
Skills & Experience:
+5 years related experience, preferably in technology commercialization, health sciences, university-industry collaboration and product development and innovation positions.
+5 years of experience leading and scaling a start-up, preferably for an organization in ideation stage.
Proven track record of building and aligning the right resources for an early-stage start-up.
Proven experience of securing funding and/or raising capital for an early-stage start-up.
Strong understanding of corporate finance and performance management principles.
Strategic and operational experience.
An entrepreneurial mindset with outstanding organizational, communication and leadership skills.
Excellent knowledge of:
university and hospital research processes and practices, including research applications, agreements, and technology commercialization;
technology commercialization strategies and practices;
commercialization and collaboration agreements;
funding programs for commercialization;
contract, technology transfer and intellectual property law
Strong ability to create business plans in order to create a revenue generating unit.
Excellent oral and written communication skills. Attention to detail for writing and understanding appropriate interpretation of contracts and agreements.
Strong ability to meet deadlines.
Ability to understand complex technology/science and convey in simple terms, ability to build meaningful relationships with key stakeholders including academic researchers, regional innovation centers, industry clusters, angel networks and other commercialization support networks
Excellent analytical, problem-solving and decision-making skills.
Exceptional leadership and management skills
Conversant in MS Word, PowerPoint, Excel and CRM systems, as well as the ability to learn new software applications
Job Type: Full-time
Employee assistance program
Extended health care
Paid time off
Monday to Friday
Work Location: One location
Application deadline: 2023-02-17