Executive Director, Accelerated Incubation (IIoT Cohort) - mHUB Careers
Executive Director, Accelerated Incubation (IIoT Cohort)

Executive Director, Accelerated Incubation (IIoT Cohort)

Executive Director, Accelerated Incubation (IIoT Cohort)

Executive Director

mHUB seeks an Executive Director to build and manage an exciting new accelerator focused on commercializing demand-driven Industrial Internet of Things (IIoT)devices that are aligned with participating strategic corporate partners and investors.

The Executive Director will serve as the leader of the accelerator working to establish and run the first year-long incubation of 10 promising IIoT startups supported by 3-5 participating corporate partners, around a defined technology need. The Executive Director will be responsible for both the sourcing of teams as well as the day-to-day operational execution of the program. The Executive Director position is a full-time position that reports to the Chief Executive Officer.

This is a contracted role with a 14-15 month duration that compensates with salary, competitive benefits and carried interest.

Core Values

Ability to uphold, embody, and articulate the following values:

  • Tackle each Day with Passion, Enthusiasm and Curiosity – What we’re doing is special. What we’re doing has impact. What we’re doing is the spark that is igniting a community.
  • Try. Learn. Grow – We are entrepreneurs. We won't be afraid to be bold and take risks. We won’t wait for the idea, we’ll create it ourselves. mHUB is a launch pad for our startups, but also for us.
  • Hold Ourselves Accountable – We agree to be personally accountable to the “promises” we make. We don’t blame others or ourselves. If we need help, we ask. If we make a mistake, we communicate it and fix it. 
  • We are Greater as the Sum of our Parts – Together we are greater than alone. We are one team, and collaboration is crucial to our success. We treat one another fairly and with respect. We challenge one another to rise to our best.

Start Date

Position Open Immediately.

Description of Responsibilities

The primary responsibilities of the Executive Director consist of the following:

  • Provide compelling and credible leadership to successfully shape and execute the strategic direction of the program
  • Maintain alignment with mHUB’s overall strategy and mission
  • Work hand-in-glove to manage the engagement with program funders/corporate partners
  • Manage tailored curation of programmatic content including curriculum, speakers, industry mentors and events
  • Support development of national innovation network to drive program awareness
  • Support the planning, marketing and hosting of local market events to drive top startup applications and investors
  • Source, recruit and lead selection decisions for all companies applying to cohorts
  • Serve as the main POC for founders and partners during the term of the cohort
  • Provide ongoing support and guidance for startups within investment portfolio
  • Identify and share best practices with mHUB operational team for areas for improvement
  • Develop systems and processes for regular updates to the investment portfolio
  • Lead the advising and supporting of startup teams on key product development and business decisions
  • Support development of investor pipeline and link cohort participants with potential funders
  • Grow and strengthen innovation network to share best practices
  • Represent mHUB in local community both actively and passively

Qualifications

Candidates interested in applying should meet the following qualifications:

  • 7-10 years of experience and 5+ years of leadership experience in fast paced entrepreneurial environments specifically with technology startups, accelerators, or manufacturing industry-backed venture capital
  • The candidate must have a bachelors or master’s degree with a preference for business, entrepreneurship, engineering, economics, or a related field with innovation focus preferred
  • Working experience in hardware product commercialization or consulting required
  • Coaching mindset approach to supporting others as they build great companies with a proven track record of managing a device startup or project team
  • Experience participating in, or working with, a startup accelerator program preferred
  • Expertise in term sheets, negotiations and fundraising
  • Comfortable with minimal direction, high autonomy and aggressive growth targets
  • Ability to lead a room, public speaking and group mentoring is critical
  • Ability to work both independently and in a team-oriented, collaborative environment
  • Ability to effectively prioritize and execute tasks conforming to shifting priorities, demands, and timelines
  • Strong network of innovative partners in energy across the country
  • Strong written and oral communication skills
  • Strong interpersonal skills
  • A high degree of responsibility, initiative, and professionalism
  • Willingness to travel when necessary

Salary and Duration

Salary will be commensurate with experience. Competitive benefits package.

If Interested

To apply submit the following items:

  • Cover letter
  • Resume
  • List of 3 professional references with contact information
  • Salary requirements

Applications can be submitted by email to info@mhubchicago.com.


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