Business Development Manager

2 days ago

Hamilton, Ontario, Canada McMaster University Full time
Job Description

McMaster University is seeking a highly skilled professional to join its Business Development team in the McMaster Industry Liaison Office (MILO). The successful candidate will play a key role in commercializing technologies and negotiating intellectual property agreements between the University and external organizations.

Key Responsibilities
  • Facilitate the creation of University spin-off corporations and manage their interactions with the University.
  • Assume a management or advisory position within spin-off companies, overseeing tasks such as filing incorporation documents, hiring staff, and developing budgets and business plans.
  • Develop and execute strategies for the transfer of technology to the private and public sectors.
  • Negotiate and prepare intellectual property agreements, including option agreements, technology licenses, and inter-institutional commercialization agreements.
  • Provide guidance on complex network agreements and manage the commercialization of numerous technologies from various departments.
  • Research and lead the development of new partnerships and collaborations with industrial and government partners.
  • Develop business plans for start-up companies, including financial, scientific, and strategy details.
  • Facilitate activities associated with establishing and maintaining the University's intellectual property protection.
  • Collaborate with others to identify industrial partners and facilitate additional research funding through private partnerships.
  • Draft provisional patent applications and intellectual property-related agreements.
  • Educate and inform faculty, staff, researchers, and students on legal and patent issues related to protecting their intellectual property.
  • Conduct market research and prepare reports on the commercial potential and application of new technology.
Requirements
  • Bachelor's degree in a relevant scientific field.
  • Master's degree in Business Administration or a related field.
  • Requires 4 years of relevant experience.
Assets
  • A strong understanding of patent law, intellectual property protection, and patent prosecution.
  • Experience drafting provisional patent applications and working with patent attorneys on patent prosecution.
  • Education and relevant experience in health sciences technologies.

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