Business Development Officer

3 weeks ago

Hamilton, Ontario, Canada McMaster University Full time

Job Summary

The McMaster University is seeking a highly skilled Business Development Officer to join its team. As a key member of the Business Development team, the successful candidate will be responsible for enhancing the development of collaborative relationships between the University, public, and private sector.

Key Responsibilities

  • Facilitate activities associated with establishing and maintaining the University's intellectual property protection, including liaising with patent attorneys and other agents.
  • Collaborate with others to identify industrial partners and facilitate additional research funding through private partnerships.
  • Draft provisional patent applications and intellectual property related agreements for internal use and non-disclosure agreements between the University and external organizations.
  • Educate and inform faculty, staff, researchers, and students on legal and patent issues related to protecting their Intellectual Property, University's Intellectual Property policy, and technology and knowledge transfer in general.
  • Negotiate and prepare intellectual property agreements at the guidance of leadership, including option agreements, technology licenses, and interinstitutional commercialization agreements between the University and external organizations.
  • Conduct market research and prepare reports on the commercial potential and application of new technology.
  • Estimate the potential market size in dollars for a new technology by gathering, compiling, and analyzing market data.
  • Travel to various institutions and to potential industrial partners to promote the University's research and technology transfer activities.
  • Meet with faculty, staff, researchers, and students to discuss their research and inventions with commercial potential and legal protection issues related to created intellectual property.
  • Evaluate new disclosures by searching scientific literature and world patent databases for commercial potential.
  • Develop materials to support funding opportunities, including but not limited to, commercialization sections in grant applications.
  • Create due diligence reports by comparing the features of new technology with the claims of patents that might be related.
  • Gather and compile information required to create marketing materials and develop business plans.
  • Conduct market research and prepare reports on the commercial potential and application of new technology.
  • Create and deliver presentations on a variety of topics, including but not limited to, intellectual property and emerging technologies.
  • Provide recommendations on patent and commercialization strategies.
  • Coordinate and facilitate meetings between various parties interested in a specific technology.
  • Participate in and coordinate promotional events.
  • Update and maintain database information.
  • Attend and participate in department meetings.
  • Respond to inquiries from internal and external colleagues and collaborators.

Requirements

  • Bachelor's degree in a relevant scientific field.
  • Master's degree in Business Administration or a related field.
  • Requires 2 years of relevant experience.

Preferred Qualifications

  • Background in Computer Science or Software Engineering, with an emphasis on Life Science technology solutions.

Working at McMaster University

The McMaster Industry Liaison Office (MILO) supports the research endeavors of McMaster University by facilitating collaborative research with industry partners and disseminating research results through commercialization. MILO is a unit of the Office of the Vice President Research at McMaster University and is looking for a qualified professional to join the Business Development team.

Why McMaster University?

McMaster University is a world-renowned institution with a strong reputation for innovation and excellence. As a member of the Business Development team, you will have the opportunity to work with a talented group of professionals who are passionate about advancing research and technology transfer.

What We Offer

McMaster University offers a competitive salary and benefits package, as well as opportunities for professional development and growth. We are committed to creating a diverse and inclusive work environment that values the contributions of all employees.

How to Apply

If you are a motivated and experienced professional looking for a new challenge, we encourage you to apply for this exciting opportunity. Please submit your application, including your resume and cover letter, to [insert contact information].

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