Connecticut Innovations I CBIF Senior Associate/Associate

Connecticut Innovations•New Haven, CT

6d•Hybrid

About The Position

The CBIF Venture Team is a small team. Each team member plays a pivotal role as part of the investment due diligence process and post-investment, as part of scaling the portfolio company. It is a team that embraces diversity of thought, listens with an open mind, thinks big and concretely, and invests with the mission in mind. This is a unique hands-on venture capital experience in an innovative and collaborative work environment. This opportunity to contribute, add value, and make an economic impact in the State of Connecticut is extraordinary. We seek an absolutely elite team member to hit the ground sprinting. Team members play a key role in executing our investment strategy by researching and cultivating promising investment opportunities and participating in all phases of the investment process including sourcing, due diligence, meetings with management, focused company and industry research, financial modeling, writing investment recommendations. Post-investment, team members monitor the portfolio company and support the business' strategic growth initiatives and potentially serve as a board member or observer.

Requirements

PhD strongly preferred; MD/PhD highly desirable. Candidates with a Master's degree in business or science will be considered, doctoral-level training is a significant advantage.
Knowledge of the healthcare and life sciences landscape, including therapeutics, biotechnology, medtech, diagnostics, and digital health.
You have a network or interest in building a network within the lifesciences venture capital ecosystem, including relationships with relevant academics institutions, VCs, incubators, and accelerators.
Experience in conducting market, product, competitive and valuation analysis.
Startup/growth experience in a venture-backed company is highly valued, especially serving as a founder.
Experience in investment origination, due diligence, deal execution, and portfolio company management preferred.
Experience within biotechnology, lifesciences or medtech companies as an operator is preferred.
Entrepreneurial, ambitious, curious, self-starting. High energy, high effort, positive attitude - and fun to be around on a long day.
Demonstrated excellence in multiple pursuits and love for hard work essential.
Comfortable with autonomy and ambiguity, and good at solving problems without waiting to be handed a process.
Willing to move between routine detail work and high-judgment thinking without losing quality in either - seniority here does not mean delegation of everything.
The right mix of self-confidence and humility - a consummate teammate with a history of making teams perform at a higher level.
Motivated by the double bottom line: this is public capital, and the returns fund the next generation of Connecticut companies.

Responsibilities

Help shape CBIF's point of view on innovation in healthcare, life sciences, and related sectors, developing insight into where the market is heading and how investment strategy should evolve.
Source and evaluate new investment opportunities across healthcare, life sciences, and enabling technologies.
Assess startups and growth-stage companies through market, product, competitive, and technology analysis.
Lead financial modeling and valuation, support deal structuring, and participate in negotiating and closing investment terms in collaboration with the CBIF team.
Prepare investment memos, reports, and presentations for CI advisory committees and the CI Board of Directors.
Work closely with portfolio companies to identify strategic, commercial, and partnership opportunities that drive growth and impact.
Represent CI at industry events and within the innovation ecosystem to strengthen visibility and sourcing.