Director - IU Health Incubator at IU LAB Pre-Accelerator

gener8tor; Indianapolis (IN); On-site; USD 80,000 - 90,000; Full time

Job summary

gener8tor seeks a Director to lead the IU Health Incubator at IU LAB Pre-Accelerator in Indianapolis, overseeing recruitment, programming, and startup coaching for two cohorts annually. This leadership role reports to the gBETA Managing Director and requires building strong relationships with IU, mentors, and investors to ensure program success.

You will collaborate with IU Lab partners to design seven-week cohorts, measure KPIs, coach founders, and support alumni post-program.

Responsibilities

• Startup Sourcing, Network Management and Network Expansion: recruit life science startups to apply and engage mentors/investors.
• Plan and execute logistics for two accelerator programs per year in collaboration with the Program Manager.
• Coach founders and alumni to support growth, fundraising and team expansion.
• Collaborate to collect and track company and market performance data.

Job description

Director - IU Health Incubator at IU LAB Pre-Accelerator

Location: Indianapolis, IN

Salary - $80,000 - $90,000

Reports to: gBETA Managing Director

Description

Are you eager to find and work with the best and brightest life science entrepreneurs? Do you get excited about supporting startups so they can bring new innovations to life? Are you passionate about life science innovation and commercializing university technologies? If so, this position is for you.

gener8tor fosters innovation ecosystems through its accelerator programs, venture capital funds, and skills-based workforce initiatives. With a strong track record of supporting high-growth companies, gener8tor has expanded across the U.S. and internationally, building partnerships with governments, corporations, universities and economic development organizations to drive entrepreneurship and economic impact. gener8tor operates accelerators across 50 cities, 32 states and 9 countries, working with more than 300 startups per year. To date, gener8tor has worked with more than 2,200 startups that have cumulatively gone on to raise more than $3B in financing and employ more than 15,600 people.

The Director will lead the IU Health Incubator at IU LAB Pre-Accelerator, a program powered by gener8tor. The Director is responsible for recruiting and selecting companies, executing programming, startup coaching and network building for two accelerator programs per year of five companies each. Each program is seven weeks long. When not in program, the Director will continue to support alumni, recruit and hold office hours with startups, especially those emanating from IU's research and commercialization efforts. A throughline of the role is being an active member in the Indiana startup community to build relationships with stakeholders at IU, startups, mentors and investors.

Success for the Director looks like recruiting high-quality cohorts, taking ownership over established KPIs, running point on coaching founders and alumni to successful outcomes, and interacting with the community, program stakeholders, mentors and investors to garner support and recognition for the program. The Director will successfully collaborate with the Program Manager (PM) daily to ensure all program and partner logistics are met. This individual will regularly report out program metrics to gener8tor leadership and the IU LAB team while ensuring stakeholder satisfaction with the partnership’s overall strategy and outcomes.

Responsibilities

• Startup Sourcing, Network Management and Network Expansion:
  • Contact and recruit relevant life science startups to apply to the program.
  • Engage with new and existing mentors and investors to catalyze an ecosystem of relevant resources.
• Program Execution and Founder Support:
  • Strategize, plan and execute logistics and operations for two accelerator programs per year in conjunction with the Program Manager.
  • Evaluatestartups, conduct supplementary diligence and provide guidance on cohort selection in collaboration with our IU Lab partners and gener8tor leadership.
  • Serve as the lead startup mentorfor participating startups and alumni to support progress in growth, network building, fundraising success, and team expansion.
  • Be the #1 cheerleader for the startups we work with.
• Measuring and Reporting Metrics:
  • Collaborate with program participants and the Program Manager to collect and track company and market performance data.