Job Description

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Senior Entrepreneurship Advisor - Medtech

This is a one-year, part-time term position, with the possibility of renewal. Salary will be pro-rated according to hours worked

The position is based in the McGill Engine Centre ( https://www.mcgill.ca/engine/), in collaboration with the Clinical Innovation Platform at the Research Institute of the McGill University Health Centre (CLIP - https://rimuhc.ca/clinical-research/clinical-innovation-platform-clip).

Responsibilities and activities align with those of an Entrepreneur‑in‑Residence, mentoring program participants, evaluating project submissions, and providing professional expertise on the potential commercialization of their technologically-based ideas.

The location of work will be evenly split between McGill and CLIP.

McGill Engine in collaboration with the CLIP is launching the new “Health Innovations Catalyst” (“InnovSanté”) program, for multidisciplinary research teams from Quebec universities and their affiliated hospitals and research institutes interested in commercializing their research in the fields of: therapeutics, diagnostics, digital health, surgical tools, tools for drug discovery and development, and medical devices. We aim to accelerate and increase the number of innovative startups in the fields of medtech and life sciences in Quebec by creating a unique, tailored, and favorable ecosystem of all essential stakeholders.

Senior Entrepreneurship Advisors will be selected from three different industry verticals, namely medtech, digital health, and life sciences/biotech. They will function as Entrepreneurs-in-Residence, providing practical guidance, coaching and mentoring to Quebec university researchers, inventors, students, and startup teams as they pursue their health-related innovation entrepreneurial journeys.

Primary Responsibilities:

• Assist in the development and promotion of the InnovSanté program, specifically in the filed of Medical Technology
• Meet one-on-one with potential team program participants to provide professional expertise on the potential commercialization of their technologically-based ideas, inventions, technologies, R&D projects, and startups/spinoffs that can be applied to health
• Identify early-stage technologies and teams with commercial potential
• Evaluate project submissions to the program
• Take part in the selection process with the Steering Committee
• Mentor the InnovSanté teams via the lean start-up methodology and the IRL framework, in particular, with each team, set up and keep track of the project development plan, by each IRL indicator
• Provide one-on-one weekly mentoring meetings with the InnovSanté teams
• Provide expertise on team composition, links with key project stakeholders, and project funding opportunities from other existing programs (preclinical work, user evaluations, or pilot projects to demonstrate performance and/or technology scale-up)
• Facilitate connections of InnovSanté teams to other program support resources (internal and external), in particular clinicians and MBA student interns
• Provide contacts and introductions for the InnovSanté teams to the program network partners (industry experts via MEDTEQ and Consortium Québécois sur la Découverte du Médicament, and investors such as adMare, Fonds FTQ, Lumira, Genesys, Amplitude) as part of their project development plan
• Collaborate with other business incubators, business accelerators and other entrepreneurial support organizations inside and outside of McGill, e.g., the Dobson Centre, Centech, L’Esplanade, etc.
• Assist with technology transfer, licensing and industrial partnerships
• Provide educational workshops on topics related to health-related technological innovation and entrepreneurship

Other Qualifying Skills and/or Abilities:

• Proven track record of founding, scaling, or leading medtech startups
• Experience in technology transfer experience from bench to bedside, i.e. full lifecycle of medical device development, validation, approval, and clinical use
• Minimum 8–10 years of experience in medtech, including as CEO or CTO
• Strong network within health innovation ecosystem, including industry, investors, and accelerators
• Experience in regulatory pathways (FDA 510(k), CE marking, Health Canada), including submission and obtention of regulatory approvals
• Deep understanding of current trends in medtech
• Visionary thinker passionate about transforming healthcare through innovation
• Collaborative and approachable, with a commitment to fostering an inclusive and dynamic innovation environment
• Adaptable to academic settings while maintaining strong industry and investor connections

Assets

• Graduate degree in Engineering
• Demonstrated ability to raise capital ($ millions – pre-seed and seed funding, VC, loans, angels) and build strategic partnerships
• Prior experience as an Entrepreneur-in-Residence, advisor, or mentor in an academic or business incubator setting
• Experience with intellectual property strategy and commercialization within university ecosystems, including patent submissions and prosecution processes
• Experience with SRED
• Knowledge and experience with reimbursement

As one of Montreal's Top Employers, here is what we offer:

• Competitive benefits package (Health, Dental, Life Insurance) (if eligible)

• Defined contribution pension plan (with employer contribution up to 10%) (if eligible)

• Group Registered Retirement Savings Plan (RRSP) and Tax Free Savings Account (TFSA)

• Competitive vacation policy

• Two (2) personal days

• Two (2) floating holidays

• Nine (9) "Summer Fridays" - paid days off between the St-Jean Baptiste holiday and Labour Day

• Paid time off over the December holiday period

• Tuition waiver for regular employees and their dependents

• Up to two (2) days of remote work per week where the position permits

Before applying, please note that to work at McGill University, you must be both authorized to work in Canada and willing to work in the province of Quebec at the campus where the position is based / located.

Knowledge of English: McGill University is an English-language university where day to day duties may require English communication both verbally and in writing. The level of English required for this position has been assessed at a level 4 (qualifier) on a scale of 0-4

For a definition of our language proficiency levels, please click here

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