RECRUITMENT ROLE PROFILE FORM



|UNIVERSITY OF NOTTINGHAM |

|RECRUITMENT ROLE PROFILE FORM |

Job Title: Spin-out portfolio manager

School/Department: IP Commercialisation Office, Business Engagement and Innovation Services (BEIS)

Salary: £37,394 - £45,954 (based on performance can be extended to £53,248)

Job Family and Level: Administrative, Professional and Managerial Level 5

Contract Status: Fixed term, 3 years

Hours of Work: 36.25 hours per week

Location: Sir Colin Campbell Building, University of Nottingham Innovation Park

Reporting to: Head of Commercial Ventures

The Purpose of the Role:

Based within the IP Commercialisation Office, the purpose of this role is to support the formation, growth and development of the University’s portfolio of spin-out and research related companies, working in concert with and reporting to the Head of Commercial Ventures.

Main Responsibilities:

| | |% time per year |

|1. |Strategic Planning |15% |

| | | |

| |To formulate or identify to new sources of funding, both grant and investment, to support the formation of new ventures. | |

| | | |

|2. |Operational Management |70% |

| | | |

| |Working in concert with the Head of Commercial ventures to support the formation, growth and development of spin-out and | |

| |research related companies and to monitor their performance. | |

| | | |

| |This will include: | |

| | | |

| |The development of commercialisation plans in concert with academic inventors leading to the drafting of investable | |

| |business plans | |

| | | |

| |Assisting emergent companies in the sourcing of investment funds | |

| | | |

| |Supporting the formation of new companies in concert with the IP management team by agreeing terms of shareholders, | |

| |pipeline, licensing and consultancy agreements. | |

| | | |

| |Manage post-incorporation adherence to company agreements. | |

| | | |

| |Provide risk management support associated with the financial and reputational aspects of the University’s engagement in | |

| |new ventures | |

| | | |

| |Maintaining relationships with existing University portfolio companies through Board representation where appropriate. | |

|4. |Continuous Improvement |10% |

| | | |

| |To keep abreast of current and emerging developments in the field of expertise, in both the education sector and in | |

| |business that may be used to enhance the service and efficiency | |

|4. |Service Representation |5% |

| | | |

| |To deputise for the Head of Commercial Ventures as appropriate. | |

|5. |Any other duties appropriate to the grade and role | |

| | | |

| |To undertake as required | |

Knowledge, Skills, Qualifications & Experience

| |Essential |Desirable |

|Qualifications/ Education |Relevant degree or equivalent. |Higher degree |

| | | |

| | | |

|Skills/Training |Proven change management skills. | |

| | | |

| |Proven advanced analytical and problem solving capability. | |

| | | |

| |Operational planning, management and business process skills| |

| | | |

| |Recognised training in relevant standards. | |

|Experience |Experience of either high tech start-up or university |Highly developed understanding (theory and practice) |

| |spin-out companies |of the field |

| | | |

| |Experience and understanding of corporate governance |Widespread awareness and understanding of University |

| | |activities and objectives |

| |Experience of drafting business plans | |

| | |Experience of successful exits |

| |Experience of developing solutions and contributing to | |

| |strategic planning | |

| | | |

| |Familiarity with IP commercialisation gained through | |

| |experience in an IP office or business development role, or | |

| |substantial participation in technology transfer process in | |

| |industry or academia | |

| | | |

| |Administrative experience gained in a high throughput | |

| |administration office | |

| | | |

| |Ability to work to tight deadlines | |

| | | |

| |Excellent interpersonal, presentation and communication | |

| |skills with proven team working capabilities | |

| | | |

| |Self-motivated and independent | |

|Statutory/Legal |Familiarity with corporate governance issues. | |

| | | |

| | | |

Decision Making

i) Taken independently by the role holder;

• Own workload prioritisation and associated delegation of work to other members of staff where appropriate.

• Any operational decisions on service provision.

• Implementation of decisions following Senior Management’s approval of change.

• Responses to complaints and associated negotiations.

• Proactively write reports and makes strategic recommendations.

• Project management decisions.

• Activity/Performance review

• Project progress reporting.

ii) Taken in collaboration with others;

|Responses to complaints involving other services or teams |

|Negotiations for service delivery involving other services or teams. |

|Responses to requests for information (depending on topic). |

iii) Referred to the appropriate line manager by the role holder;

• Approval for recommendations for policy change.

• Reports requiring senior management approval or which would impact on departmental strategic change.

• Items with additional budgetary implications.

Additional Information

The University has a portfolio of spin-out companies that it has formed over the past 10-15 years.

The University also forms and has a small portfolio of research related companies in which it holds the majority equity stake.

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