Venture Director

POSITION: Venture Director

Will work closely with both the Innovation and Clinical Teams to locate potential Innovation Partners (startups) to address innovation needs, negotiate win-win Innovation Partnerships with the selected companies, then accelerate the commercialization of the new, innovative solutions that address those needs. This person will also work closely with the health system’s senior management and the leadership of the Innovation Partners (startups) to develop and implement a plan to maximize the growth and upside potential for the Innovation Partner, both within the venture office and other health systems.

The ideal candidate will be an experienced entrepreneur who is passionate about new technologies and solutions that can transform healthcare as we know it. Candidates will need an analytical mind, a desire to learn and the ability to interact easily with colleagues and health system senior managemen

Specific duties will include:

Utilizing the Prinnovo process™ to identify, filter and select the most promising potential innovation partners

Working with Prinnovo senior management to structure win-win deals with the selected Companies

Creating and managing realistic development plans for the co-development of innovative Solutions

Meeting with senior leaders throughout the health system to identify and nurture potential referral sources

Developing marketing plans for the co-developed innovative solutions
Attending relevant industry conferences and other networking events

Calling on senior management and innovation leaders at other health systems to increase interest in and awareness of the solutions being co-developed

Identifying and resolving issues that arise from either party engaged in the Innovation Partnership
Educating health system employees on the potential value to be derived from Innovation Partnerships and serving as an internal entrepreneurial resource to evaluate potential innovation opportunities
Facilitating dispute resolution discussions
Coaching both health system employees and key Innovation Partner employees on strategies to increase the effectiveness of the relationship and accelerate development of innovative solutions.
Assisting in the hiring, training and development of junior CHV personnel

Desired Experience/Qualifications/Skill

4+ years of leadership position in a startup
Experience raising capital
B.S or B.A degree
Experience with financial modelling
Good listening skills and ability to identify and resolve issues
Strong attention to detail

We establish, staff, and manage health venture offices for mid-sized health systems.