Manager-Business Development - Technology Development

Mayo Clinic; Rochester (MN); On-site; USD 134,300 - 194,700; Full time

Job summary

Mayo Clinic in Rochester, MN, is seeking a Manager to support Business Development and lead initiatives across Mayo Clinic campuses, including Rochester. You will evaluate partnerships, drive deals and manage cross‑functional teams to advance strategic opportunities.

The role requires an advanced degree and experience in tech transfer, licensing or venture development, with strong communication and project-management skills to navigate complex organizational relationships.

Qualifications

• Master’s degree or higher; at least two years in business development, tech transfer, IP licensing or related areas.
• Bachelor’s degree with at least four years in the above areas.
• Ability to navigate complex intra- and inter-organizational issues and relationships.
• Excellent verbal and written communication; strong project and time-management skills.

Responsibilities

• Lead portions of projects, deals, and opportunities within the department.
• Communicate and report status to department leadership.
• Represent the department in meetings with Mayo departments and external entities.
• Help manage workflows and resources to achieve project outcomes.
• Project management duties within Mayo Clinic Business Development.

Skills

Leadership/Management

Business development

Project management

Analytical skills

Communication skills

Entrepreneurial mindset

Education

Master’s degree or higher

Bachelor’s degree

Job description

Responsibilities

The primary responsibility of this position is to directly support the mission of Mayo Clinic Business Development. In addition to performing as an individual contributor, the Manager will also lead portions of projects, activities, deals, opportunities and other work of the department. The Manager will communicate and report status of assigned work to department leadership. The Manager may also help represent the department in interactions and meetings with other Mayo departments and leadership, and/or with external entities, as warranted. The Manager will be accountable for helping manage workflows and resources to achieve desired project outcomes, and will have duties related to project management.

Key Areas of Focus

• Partnerships – Source, evaluate, analyze and develop new business opportunities for Mayo Clinic, including but not limited to partnerships, joint ventures, new company spin‑offs, investments, mergers and acquisitions. Work with areas throughout Mayo Clinic and the marketplace to identify new business opportunities, including the ability to connect these activities with existing Mayo Clinic operational units, in alignment with the Mayo Clinic strategic plan, prioritized market opportunities, and competitive activity. Contribute to the development of a network of industry, entrepreneurial and investor contacts to serve as a resource for business development and/or commercialization activities.
• Commercialization – Evaluate the commercial potential of a variety of medical inventions and discoveries coming from Mayo's clinical and research activities, developing and implementing technology sales and marketing plans, managing the patent process, identifying potential commercial partners, negotiating license agreements and other commercialization arrangements, managing relationships with industry and advising Mayo physicians and scientists regarding protection of intellectual property and technology‑based business matters.
• Technology Development – Facilitate the development and commercialization of Mayo Clinic technologies by collaborating with Mayo Clinic staff, external companies, entrepreneurs, and investors. Activities include identifying, evaluating, and supporting the development of novel technologies arising from Mayo Clinic’s clinical and research activities, collaborating closely with physicians and researchers to advance innovative solutions, facilitating invention disclosure and intellectual property development, conducting feasibility assessments, market analyses and competitive evaluations, developing materials to communicate and promote technologies, monitoring industry trends and emerging technologies, and supporting the planning and execution of technology development projects.

Qualifications

• Master’s degree required, or an advanced degree preferred (PhD, MD, JD), in business, science or a related field, plus at least two years of specific experience related to business development, finance/venture capital, technology transfer, venture management, intellectual property commercialization, licensing, patents, partnerships, business‑to‑business collaborations, investments, start‑up companies or sourcing partnering opportunities in the health care, medical/biotechnology or financial/venture capital industries.
• Bachelor’s degree with a minimum of four years of experience in the above areas.
• Three years of experience directly related to technology licensing for roles within the Commercialization Work Unit.
• In lieu of a degree, an equivalent amount of experience may satisfy the degree requirement: four years for a Bachelor’s, two years for a Master’s, two years for an advanced degree.
• Ability to perform successfully in a business development/technology commercialization role and navigate complex intra‑ and inter‑organizational issues and relationships.
• Excellent verbal and written communication skills and the ability to interact with diverse stakeholders.
• Strong project management and time‑management skills and experience managing several initiatives simultaneously.
• Entrepreneurial/intrapreneurial qualities, strong analytical skills, resourcefulness and the ability to work independently on assigned projects.

Additional Skills & Qualifications

Preferred skills may include business plan creation, due diligence, market research, marketing plan development, concept analysis, business model development, financial pro‑forma development and analysis, legal/regulatory issues assessment, monitoring product/operating unit performance, technical sales, evaluation of medical technologies, negotiations, contract drafting, evaluation of scientific and commercialization potential of cutting‑edge technologies, and knowledge of science, clinical or bench research, business principles, laws and regulations that relate to the patenting and licensing of inventions. Experience with an academic medical center or equivalent setting, mergers and acquisition experience, financial modeling and analytical valuation experience, Chartered Financial Analyst certification (completed or in progress), and experience with a national consulting firm in related functional areas or industries may be given special consideration.

Exemption Status

Exempt

Compensation Detail

$134,300 - $194,700 / year

Benefits Eligible

Yes

Schedule

Full Time

Hours / Pay Period

80

Schedule Details

Monday - Friday Business Hours. This vacancy is not eligible for sponsorship and will not sponsor or transfer visas for this position. Mayo Clinic also does not participate in the F‑1 STEM OPT extension program.

Site Description

Employees are located at Mayo Clinic campuses in Phoenix/Scottsdale, Arizona; Jacksonville, Florida; Rochester, Minnesota; and Mayo Clinic Health System campuses throughout Midwestern communities, as well as at international locations.

Equal Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Mayo Clinic participates in E‑Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I‑9 to confirm work authorization.