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Entrepreneur in Residence (EIR) - Summerville

SCRA

Entrepreneur in Residence (EIR) - Summerville

National
Part Time
Paid
  • Responsibilities

    Reports to: Director, Entrepreneurial Programs

    Supervises Others: No

    Employment Type: Part-time (30 hours a week)

    Travel Requirements: Moderate to moderate-heavy, mostly within the state

    Location: Charleston, Summerville, Columbia, and Greenville

    South Carolina Research Authority, SCRA, was chartered in 1983 by the State of South Carolina as a public, non-profit corporation, to fuel South Carolina’s Innovation Economy by supporting entrepreneurs, enabling academic research and its commercialization, and connecting industry to innovators. Through SC Launch, early-stage companies are provided mentoring and grants and may be eligible for an investment from SC Launch, Inc. The SC Launch program is open to qualified South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and Life Sciences sectors.

    Established in 2006, SC Launch, Inc. is an independent, non-profit corporation affiliated with SCRA, which provides loans and investments to selected South Carolina-based companies participating in the SC Launch program.

    Position Description:

    The Entrepreneur in Residence (EIR) is responsible for providing expert advice and mentoring to entrepreneurs, facilitating company development for potential SC Launch Program candidates and those companies already in the Program, and supporting advancement of high-potential startup technology companies for launch, scale and growth in South Carolina. The EIR will partner with key stakeholders and assist in growing the entrepreneurial ecosystem in the state. The EIR will work one-on-one with entrepreneurs, coaching them in the development and execution of their business plans and pitch decks. They will be responsible for introductions to potential sources of funding, additional business advisors and resources, if needed, providing guidance on business strategies, and guiding the company through the investment process. Successful candidates will be seasoned entrepreneurs, business executives and/or investors with accomplished business backgrounds.

    Essential Functions:

    Evaluate and assess the business potential of prospective Client Companies and provide recommendations for application to the Program, when timely and appropriate.

    Cultivate and advise Client Companies in strategic areas that foster development and growth of the companies.

    Educate and provide guidance in the appropriate business development and operational areas that support the companies’ development and growth[QB1].

    Cultivate relationships with South Carolina’s innovation ecosystem stakeholders, including investors and technology leaders, to promote Program outreach and education, as well as entrepreneurship support services.

    Convene sector- and skills-based subject matter experts to help cultivate startup talent and advisory services support.

    Develop and support the delivery of Program services and events to promote business development and growth among current and prospective Client Companies.

    Assess how candidate Client Companies may complement or potentially partner with other SCRA stakeholders, including existing Client Companies, SC Ventures and SC Academics networks.

    Identify gaps, deficits and obstacles to company maturation and identify resources to overcome the obstacles, which will cultivate and mature current and prospective Client Companies.

    Support the SC Launch team in the management of the SC Launch Program.

    Perform other related duties as assigned[QB2].

    Qualifications:

    Bachelor’s Degree with a minimum of seven years of relevant experience to include mentoring early-stage, technology-based companies.

    Must have experience as a Founder of a technology startup[QB3].

    Ability to communicate clearly, in verbal and written forms, formally and informally at all levels within the organization.

    Ability to identify, address and resolve complex issues in a professional manner.

    Proven skills in teamwork and individual responsibility to accomplish goals.

    Expertise in securing multiple rounds of financing (angel or venture).

    Must have experience in one of the following areas: Information Technologies, Life Sciences, and/or Advanced Manufacturing Materials.

    Strong leadership and interpersonal skills managing a technology company.

    Physical Efforts:

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Regular physical activity to include walking, bending, stooping, reaching, standing and prolonged sitting. Ability to use phone and computer systems, copier, fax, and other office equipment. Must be able to occasionally move/lift to 25 pounds with or without reasonable accommodation.