The Creative Destruction Lab (CDL), is a not for profit organisation that delivers an objectives-based program for massively scalable, seed stage, science- and technology-based companies. The program has created more than $8B in equity, targeting ventures that have the potential to transform our social, industrial and economic landscape. Founded at the University of Toronto’s Rotman School of Management in 2012, there are now ten CDL programs based at leading business schools globally.
As a UW employee, you have a unique opportunity to change lives on our campuses, in our state and around the world. UW employees offer their boundless energy, creative problem solving skills and dedication to build stronger minds and a healthier world.
UW faculty and staff also enjoy outstanding benefits, professional growth opportunities and unique resources in an environment noted for diversity, intellectual excitement, artistic pursuits and natural beauty.
The Fosters School of Business has an outstanding opportunity for a Program Operations Specialist. The Creative Destruction Lab (CDL) is an objectives-based program for massively scalable, seed-stage science and technology-based companies. The program’s objective-setting process enhances the performance of technical founders who learn from the insights of experienced entrepreneurs, increasing their probability of success. CDL is run as a partnership between CDL Global (based at the University of Toronto) and the business schools of nine leading universities. The universities act as a convener of talent, bringing together mentors, world-class scientists, and economists to accelerate and enable investment. CDL is a unique not-for-profit program. It does not charge participating entrepreneurs and takes no equity in their companies. CDL-Seattle will launch at the Foster School of Business at the University of Washington and will accept 25 deep-science companies from within and outside UW for the 2021/22 stream. CDL-Seattle will specialize in companies operating on the frontier of Biology and Computing. Companies which have that advanced beyond the concept stage apply (at no cost to them) to participate in CDL. Once companies are selected for participation, they participate in a 9-month long program, with 5 intensive full-day sessions with CDL mentors every eight weeks. At each session they assess progress and set new short-term objectives. Mentors are typically successful entrepreneurs from the local region or broader CDL community.
For the Community in the Pacific Northwest, CDL will be an engine for the creation of massively scalable deep-science companies. Act as a bridge, drawing in the best in the Seattle entrepreneurship ecosystem to work with entrepreneurial faculty and students from across campus. It breaks down traditional silos. Accelerate the economic impact of UW innovation in the community For the University of Washington CDL will: create a forum where top researchers starting deep-technology companies have access to amazing mentors, be a place where CDL scientists technical experts and economists do research and present curated talks on emerging technologies and markets, be a magnet for top faculty and student talent, who will have front-row seats to, and immersion in, a year-long objective based accelerator, energize faculty research through access to a unique startup dataset. All CDL company objectives and outcomes have been tracked since inception in 2012. This is a rich dataset on how companies were chosen, mentored, and subsequently performed as CDL alumni. This track record, including equity value created by each company, is available for review, analysis, and learning.
Recruitment & Selection of Ventures from Biology/Health Research Institutions/Organizations in WA state and beyond (80%)
•Identify and build relationships with venture capital funds, incubators & accelerators, and tech associations. Portfolio will include Allen AI Incubator (AI2), Washington Research Foundation, Washington Global Health Alliance, Frazier Technology Ventures, Arch Venture Partners, Voyage Capital, Madrona Ventures, Trilogy Ventures, Founders Co-Op, TechStars, Cascadia Capital, SpringRock Ventures
•Execute outreach strategy for the recruitment of the incoming cohort
•Build a pipeline of CDL prospects and works within Salesforce system to monitor and convert leads to applications
•Act as coordinator between ventures, scientists, and students
•Support ongoing communication with CDL founders
•Develop documentation to support CDL programming
•Manage documentation workflow (Venture Summaries, Venture updates, Meeting Schedules, etc.)
•Provide ad-hoc event planning to CDL Events manager/Project Manager
•Support CDL event logistics as required including conferences and CDL “Super Session”
•Support CDL administrative functions as required
As a UW employee, you will enjoy generous benefits and work/life programs. For a complete description of our benefits for this position, please visit our website, click here.
•Bachelor’s Degree in Business Administration, or similar and a minimum of 3 years’ progressive experience with operations and project management, planning and delivering large, complex projects and events.
•Work experience working with start-ups, technology companies, or venture capital is an asset.
•Strong analytical ability and understanding of business models and drivers of success in start-ups across several verticals.
•Ability to analyze and systematically evaluate ventures – proficiency with financial modeling, conducting market analysis, and strategic planning is an asset.
•Experience and confidence working with high performing teams and multiple stakeholders.
•Entrepreneurial and highly motivated with a strong interest in start-ups and venture capital.
•Excellent written and verbal communication skills.
•Passion to consistently meet or exceed performance objectives.
•Strong, team-oriented work ethic with a willingness to work independently and autonomously.
•Highly organized with strong project management experience.
•Work independently and strong ability to figure out what needs to be done next, forward thinking and project management.
•Proven ability to manage event teams, including staff and volunteers.
•Demonstrated flexibility/adaptability to a wide variety of tasks.
•Proven ability to monitor and uphold a high standard of quality in all aspects of work.
•Strong multi-tasking and prioritization skills.
•Proven problem-solving ability with solid analytical skills.
•Calm under pressure.
•Excellent interpersonal skills.
Equivalent education/experience will substitute for all minimum qualifications except where there are legal requirements such as license/certification/registration.
•Experience with start-up business enterprises