Managing Director, Virtual Accelerator

Job Description

Managing Director, Virtual Accelerator
Washington D.C., Boston or New York
Job Summary
Techstars operates 45+ Accelerator programs around the globe and were looking for a Managing Director (MD) who can lead our (mostly) virtual accelerator program modeled after our Techstars Anywhere offering. The MD is part of the Accelerator program team, working closely with an operationally focused Program Manager (PM) and several cross functional team members who support the program. The MDs focus is sourcing, investing in, and supporting the best companies; the PMs focus is operations - executing on Techstars proven playbook and delivering the best possible experience for Founders. The MD sets the strategic direction and investment profile within the program, including building a curated team of mentors, investors, and business advisors. The MD has overall ownership of the program success and partners with other operations units within Techstars to ensure the exceptional delivery of our programs, and the MD is ultimately responsible for turning good companies into great ones.
Duties and Responsibilities:

• Work with the Techstars Accelerator partners, defining the strategic direction and investment profile within the Techstars Program.
• Partner with program teams to create holistic strategy and delivery plan and then own overall responsibility for the successful execution of program.
• Sourcing, recruiting and making the initial investments decisions in all companies selected.
• Partner with internal Techstars' teams to create and drive the pipeline and recruitment of new companies across the entire Techstars network
• Create and nurture a strong network of mentors, sponsors, investors and corporate partners for the program.
• Proactively engage with the Corporate Partners and regularly (weekly) update on program and founder progress.
• Expertise in term sheets, negotiations and fundraising.
• Alignment with the Techstars vision, direction and support of overall organization objectives.
• Engage with founders to ensure Techstars is delivering on the promise "Do what's right for the founder".
• Share new best practices with the Techstars' team globally and Corporate Partners as you identify areas for innovation and improvement.
• Develop scalable systems and processes to regularly provide bi-directional updates to the Techstars' investment portfolio across the region.
• Represent Techstars in local community, both actively and passively.
• Service the Techstars' network overall on and off-season: mentor new MDs, assist in other programs, work on strategic initiatives and develop meaningful and beneficial relationships across the Techstars ecosystem.
• Comply with relevant workplace policies, security requirements and culture of the Corporate Partner hosting the program.

Qualifications:

• 7+ years of experience in fast-paced environments within technology, startups, entrepreneurship and venture capital.
• Experience in and exposure to the Washington D.C., Boston or New York entrepreneurial ecosystem is preferred.
• Comfortable with a minimal amount of direction but high expectations.
• Comfortable commanding a room; public speaking and community development is part of the job.
• Fits the Techstars' culture (#givefirst-i-ness, Entrepreneurial Inclination, High Quality and Network Focused).
• Ability to effectively communicate through "virtual"/remote interactions.
• Ability to work across many time zones and keep variable hours, particularly during program months.
• Knowledge of DiSC, StrengthsFinder or similar tools is highly desirable.
• Bachelor's Degree from an accredited college/university or equivalent industry experience.
• Ability to travel 25% within territory, as well as other meetings and events around the globe.

About Techstars
Techstars is the worldwide network that helps entrepreneurs succeed. Techstars founders and their teams connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporate partners who will help their companies grow. Techstars operates three divisions: Techstars Startup Programs, Techstars Mentorship-Driven Accelerator Programs and Techstars Corporate Innovation Partnerships. Techstars Mentorship-Driven Accelerator Programs help founders do more faster and Techstars Startup Programs inspire, educate and connect entrepreneurs. Techstars Corporate Innovation Partnerships helps brands supercharge growth by accelerating innovation and cultural transformation. Techstars accelerator portfolio includes more than 1,900 companies with a market cap of $22 Billion. www.techstars.com
Techstars is an affirmative action, equal opportunity employer and does not discriminate on the basis of race, sex, age, national origin, religion, physical or mental disabilities, marital status, veteran status, sexual orientation, nor any other basis prohibited by law.