Manager, Business Development - Investments

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/
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.

The department is organized into four functional Work Units, with positions
assigned within one of these four areas and with responsibilities as described
for each area:

* 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: (a) Identify, evaluate, and support
the development of novel technologies arising from Mayo Clinic’s clinical and
research activities, with a focus on improving patient care and outcomes; (b)
Collaborate closely with physicians, researchers, and cross-functional teams
to advance innovative solutions and align technology development efforts with
organizational priorities; (c) Facilitate invention disclosure and
intellectual property development, including identifying patentable
innovations, conducting prior art and landscape analyses, and supporting IP
strategy; (d) Conduct feasibility assessments, market analyses, and
competitive evaluations to determine the potential impact and commercial
viability of new technologies; (e) Develop materials to communicate and
promote technologies, including summaries, presentations, and other
supporting documentation for internal and external audiences; (f) Monitor
industry trends and emerging technologies and contribute to ongoing
improvement of development processes while ensuring compliance with
regulatory, ethical, and confidentiality standards; (g) Support the planning
and execution of technology development projects and commercialization
efforts, including defining scope, timelines, and key deliverables, and
coordinating with internal and external stakeholders.
* Investments- Sourcing, evaluation, and execution of strategic and financial
investments aligned with Mayo’s organizational priorities, ensuring all
opportunities meet defined investment criteria, return thresholds, and
governance requirements. Assist in portfolio management and advising
executive and department leadership on critical financial decisions. Ideal
candidates are intellectually curious, analytically rigorous, and thrive in a
fast-paced, high-stakes environment. (a) Originate, evaluate and execute
investment opportunities; (b) Assess opportunities against investment
criteria and capital structure standards; (c) Manage or lead financial
modeling, valuation, scenario analysis, comprehensive diligence and related
activities; (d) work with organizational departments, teams, and investment
committees to facilitate investments that align with Mayo’s strategy; and (e)
perform and manage post-deal activities, including governance, reporting,
etc.

This role will support Investments.

Based on the needs of the department, positions will also be primarily assigned
to one or more Work Teams, each focusing in a specific area: Biopharmaceuticals,
Medical Devices, Diagnostics, Health Information Technology/AI, Health Services
& Robotics, or Investments. Projects/ opportunities are categorized within one
of these six areas, and staff are attached to each project accordingly.

Thus each team member is initially placed into one Work Unit, with their work
focusing on projects and opportunities categorized as within one or more Work
Teams. Typically, each team member will be placed into two Work Teams.

This is a hybrid position and must be located within 100 miles of a Mayo Clinic
site.

Why Mayo Clinic

Mayo Clinic is top-ranked in more specialties than any other care provider
according to U.S. News & World Report. As we work together to put the needs of
the patient first, we are also dedicated to our employees, investing in
competitive compensation and comprehensive benefit plans
[https://jobs.mayoclinic.org/benefits/] – to take care of you and your family,
now and in the future. And with continuing education and advancement
opportunities at every turn, you can build a long, successful career with Mayo
Clinic.

Benefits Highlights

* 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.

Just as our reputation has spread beyond our Minnesota roots, so have our
locations. Today, our employees are located at our three major campuses in
Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at
Mayo Clinic Health System campuses throughout Midwestern communities, and at our
international locations. Each Mayo Clinic location is a special place where our
employees thrive in both their work and personal lives. Learn more about what
each unique Mayo Clinic campus has to offer, and where your best fit is.
[https://jobs.mayoclinic.org/alllocations]

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. Learn more about
the "EOE is the Law" [https://www.eeoc.gov/poster]. Mayo Clinic participates
in E-Verify
[https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf] 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.