Business Development Manager (Commercialisation & Venture Support)

Details of the offer

Brief DescriptionActivities And ResponsibilitiesSupport the development of marketing material and commercialization strategies for Wits innovationsAttract and engage commercial partners, investors, and entrepreneurs-in-residence by showcasing innovation potential and facilitating networking opportunities through industry events and targeted outreachFundraising for commercialisation of Wits innovations in collaboration with the WIC Innovation Support and R&C BDM teamsProviding regular reporting on deal progress and performance across portfolioProvide Secretariat function to the Wits Commercialisation ForumCo-ordinate the negotiation and execution of commercialisation or license dealsPrepare term sheets for commercial deals for review and approvalCo-ordinate the drafting of licensing agreements for Wits innovations, leveraging outsourced legal expertise where necessaryManaging the registration and compliance of spin-out companies with the Companies and Intellectual Property Commission (CIPC)Facilitating the determination of shareholding structures and the preparation of shareholders' agreementsMinimum RequirementsA relevant tertiary qualification (NQF 7 / University degree or higher)At least 5 years of experience in technology transfer, commercialisation or enterprise development with a demonstrable track record in at least three of the following:Identifying prospective commercialisation partnersFundraising for commercialisation of innovationsNegotiating and/or executing commercialisation/licence dealsEstablishment of spin-outs/start-upsGuidance and support to start-upsDesirable Experience And QualificationsA relevant tertiary qualification (NQF 9 / University Masters degree or higher)Additional Business or Technology Management qualificationAt least 8 years of experience in technology transfer, commercialisation, or enterprise development with a demonstrable track record in the following:Identifying prospective commercialisation partners (with at least 3 subsequent deals secured)Fundraising for commercialisation of innovations (with secured funding in excess of R5 m)Negotiating and/or executing commercialisation/licence deals (at least 3)Establishment of spin-outs/start-ups (at least 2)Mentorship and support of start-ups (e.g.
serving on the Board or in a consulting role)
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Nominal Salary: To be agreed

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