Starts Principal at Medical Alley in Minneapolis, Minnesota

Posted in Other 5 days ago.

Type: full-time





Job Description:

Medical Alley Association (MAA) is a non-profit organization working to activate and amplify healthcare transformation as the epicenter of health innovation and care. If you want to have an impact on a $4 trillion dollar sector of the U.S., join the only organization representing the entire continuum of care. This role will be part of a team effort to develop new products and services that advance Medical Alley's business and mission impact.

Do you see opportunities everywhere you go? Do you enjoy helping build and grow companies looking to change the world? Do you enjoy developing new relationships and partnerships that cross cultures, languages, and time zones?

The Starts Principal will lead efforts to support startups, engage corporate leaders, bring investment to the region, expand Medical Alley's reach worldwide and position Medical Alley as the definitive organization for health innovation. Medical Alley works with private companies, investors, trade groups, and foreign governments, to bring innovative technology and business to the United States through Minnesota's world-leading healthcare and health technology hub. Medical Alley lowers the cost for companies to start, scale, and pivot, so more startups are more successful. We promote the region and attract investment resulting in a stronger ecosystem. Every day is different when working with high-tech, high-growth global businesses. The position reports to the Director of Starts.

Key Roles & Responsibilities:

Account Management, Business and Economic Development (50%)
  • Support startups in finding investors, talent and strategic partners
  • Interface with corporate development executives and venture firms to scout for investment opportunities globally
  • Partner with key local and national organizations involved in trade, trade policy, economic development and business advisory services
  • Develop, drive and build relationships with a portfolio of international partners, government agencies and trade groups. Accountable for relationship management, revenue growth and business expansion.
  • Assist international businesses in evaluating Medical Alley as a site for their U.S. growth, connect with service providers and provide critical connections and advise.

Data and Market Analysis (20%)
  • Utilize best practices to collect investment, job and market intelligence data
  • Prepare reports that highlight the local innovation ecosystem

Strategy and Growth (20%)
  • Assist in executing prospective, engagement and renewal strategies in alignment with business objectives to drive partnership growth and retention
  • Engage in a variety of projects and initiatives to build domestic and global networks for Medical Alley
  • Drive improvements to maximize the Medical Alley partner experience and value proposition

Miscellaneous (10%)
  • General administration - data entry, creation of content and materials, event support and customer service

Qualifications/Requirements:
  • 5-7 years of professional experience in healthcare, venture capital, economic development, or managing complex projects with varying deadlines.
  • Must possess a high level of comfort and social skills to interact with individuals and groups, engaging at all levels of an organization, particularly at the C-suite level.
  • Strong oral and written skills.
  • Awareness and sensitivity to diverse cultures, foreign culture's approach to business, ability to gain trust and manage confidential information.
  • Lead from the front by taking initiative, paying close attention to detail, and committing to a delivery of service that is beyond expectations.
  • Self-motivated with bias to action; accountability standards and personal/professional ethics.
  • Strong interest in fields such as healthcare, biological sciences, medical devices, manufacturing, and/or digital health.
  • Ability to effectively prioritize and manage multiple projects and deadlines with minimal supervision.
  • Strategic thinker and continuous learner who demonstrates the willingness and ability to disseminate complex information.
  • Ideal candidate will possess a drive to win, achieve goals, and accelerate the growth of the team.
  • Experience in international business preferred.
  • Foreign language skills preferred.
  • MBA, MPH, or similar degree preferred.
  • Grant writing, grant management skills desired.
  • A valid passport is required

Position Details:

Category: Full-Time, Exempt Employee

Benefits: Competitive benefits package that includes medical, life, and disability coverage with many optional programs, 401k. PTO program plus thirteen (13) paid holidays.

Must have reliable transportation. Occasional travel and flexibility to work weekends or evenings, as required. This position is in Minneapolis-St. Paul, MN and while hybrid, does require time in the office.

Organizational Summary:

Medical Alley is a member organization working to promote Medical Alley and over 800 global companies that make this region, The Epicenter of Health Innovation and Care®. MAA does this by influencing policy at state and federal levels, delivering actionable intelligence that informs decision-making, connecting members to other industry professionals, providing resources, industry training, and knowledge. We are proud to have been named one of the 100 Best Companies to Work for by Minnesota Business Magazine and one of the Best Places to Work honorees by Minneapolis/St. Paul Business Journal.

Please note: Medical Alley is not certified with the U.S. Department of Labor for immigration sponsorship.

At Medical Alley, diversity, equity, and inclusion are at the core of who we are and who we represent. Our commitment to these values is unwavering - across all our work around the world. They are central to our mission and to our impact and support our vision to be The Epicenter of Health Innovation and Care®.
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