Entrepreneur in Residence, Venture Lab Position Available In Orleans, Louisiana

Entrepreneur in

Residence, Venture LabTulane University Innovation Institute Location:

New Orleans, LA Summary The Tulane University Innovation Institute is seeking an Entrepreneur in Residence (EIR). The Entrepreneur in Residence is a position focused on bringing real-world knowledge and experience to bear in developing ideas and technologies, primarily in the biomedical space. This individual has deep real-world experience and subject matter expertise in this area. They have been an entrepreneur themselves and participated in or executed innovation and entrepreneurship commercialization activities. They have experience in one or more areas such as biomedical technology commercialization and has a willingness to work in supporting ideas generated from Tulane University technology. This position will bridge TUII and the Schools of Medicine/Tulane National Primate Research Center providing structure and support for early-stage ideas and the capacity to make connections to industry in support of successful university spin out. The EIR is expected to commit to researching relevant markets, develop a business & funding plan, understand the technology applications to include shortcomings and other use cases, create product timeline development/go to market and manufacturing strategy based on research, meet regularly with faculty inventors, provide updates to TII leadership team monthly and make the decision to become a leader for the company. It’s likely funding could take up to 12-18 months beyond the initial 6 months, however the position is a 6-month contract. The EIR’s future intention, business plan, product development timeline, and risk mitigation plans will be set prior to the 6-month deadline with input from TII, expert mentors (when appropriate), and faculty inventor(s). The decision will be made to become a [CEO, co-founder, CTO or other leadership role] with the EIR, PI/inventor, and TII leadership team prior to the 6-month deadline. Program success is defined as a commitment for future go/no go commercial launch of the company, a the commitment of funding and/or creation of a funding strategy to scale company, documented identification of the beachhead market, a commitment of the EIR to lead the growth strategy, the commitment faculty/inventor to actively engage with EIR and TII throughout the entire duration of the program to ensure the best possible evidence is uncovered for future company success, and/or the company is not investment ready due to market timing/competition/unit economics. Required Qualifications

• Advanced Degree in STEM or business/entrepreneurship with 5 years direct industry/corporate/entrepreneurial experience.
• Bachelor’s Degree with compensatory experience (10+ years) and expertise may be considered. Preferred Qualifications
• Familiarity with academic organizational structure.
• Familiarity with medical organizational structures.
• Exit a company as a founder.