Business Development Manager - Partnerships

Mayo ClinicRochester, MN
43d

About The Position

The primary goal of this position is to evaluate, analyze and develop new business opportunities for Mayo Clinic, including but not limited to partnerships, joint ventures, new company spin-offs, mergers and acquisitions. In addition, the position may evaluate the commercial potential of a variety of inventions/discoveries, and then identify, develop and help source new technology commercialization opportunities, in conjunction with technology licensing managers, patent liaisons and attorneys, treasury services, and other ventures-focused staff. Additional skills and responsibilities 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, and monitoring product/operating unit performance. The successful candidate will maintain familiarity and work in alignment with the Mayo Clinic strategic plan, prioritized market opportunities, and competitive activity. The position works 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. To this end, successful candidate will 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. This position will be expected to help organize and manage teams to achieve identified business development projects and opportunities. Must be able to help shepherd an idea from concept to launch.

Responsibilities

  • Evaluate and analyze new business opportunities
  • Develop new business opportunities
  • Evaluate commercial potential of inventions/discoveries
  • Identify, develop, and source new technology commercialization opportunities
  • 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
  • Maintain familiarity with Mayo Clinic strategic plan
  • Identify new business opportunities
  • Develop a network of industry, entrepreneurial and investor contacts
  • Organize and manage teams to achieve identified business development projects and opportunities
  • Shepherd an idea from concept to launch

Benefits

  • Medical: Multiple plan options.
  • Dental: Delta Dental or reimbursement account for flexible coverage.
  • Vision: Affordable plan with national network.
  • Pre-Tax Savings: HSA and FSAs for eligible expenses.
  • Retirement: Competitive retirement package to secure your future.
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