Venture Fellow - Medical Devices

Role: The VIC Fellows Program was established in 2019 as a mechanism for individuals with specific expertise to be directly involved in the process of identifying and evaluating promising life science innovation from universities, institutes and national labs around the world. VIC Fellows become familiar with the myriad steps involved in forming and supporting new companies created to develop and commercialize these assets. This is a unique opportunity for those contemplating a transition into entrepreneurial endeavors, strategic partnering, technology transfer or the investment sector (venture capital, private equity, investment banking, etc.).

Candidates may be at various phases in their careers, but must have completed MS, PhD, or MD degree. Other medical degrees such as DO, DDS, DVM, will also be considered. Ideally, they can provide technical and/or commercial acumen specifically in the medical devices segment.

Company: VIC Tech’s (www.victech.com) investment model sources promising life science innovation directly from global research entities, allocating funding to form startup companies and advance these technologies towards exit through acquisition. In addition to the initial capital, VIC provides portfolio companies with both business and scientific resources—including interim management, accounting, marketing and research support—to create a complete venture development ecosystem.

Location: Preference for individuals based near major US cities with a high concentration of research universities, institutes and/or national labs. Pre-existing relationships with top-tier research institutions are a plus, whether currently residing there or not. Visa support is not provided, applicants must have the right to work in the US.

Examples of responsibilities Fellows may learn and assume include:

• Interface with the technology transfer offices at their respective university or in their region to present the VIC model and investment approach, and source candidate technologies fitting the VIC investment thesis
• Assist with screening these opportunities by collecting and synthesizing relevant materials such as intellectual property, scientific publications, market data, subject matter expert feedback, inventor presentations, etc.
• Provide detailed input on the strengths and weaknesses of the investment candidate to the VIC Opportunity Assessment team
• Identify and apply for non-dilutive funding from Federal, State, University, Foundations and other sources, and—when appropriate—serve as the Principal Investigator; Please note that writing proposals—with support from the VIC team—is a requirement, with at least one application to be submitted during the first six months of the Fellowship; If you are not interested or comfortable with grant writing, this is not the right opportunity for you.
• Participate in the creation of the investment candidate summary for presentation to the VIC Board of Directors
• Serve as a resource for newly formed companies by creating various materials, such as operating plans, investor presentations, marketing collateral and grant applications

The 2026/2027 class will begin on 8/1/26. Those accepted as VIC Fellows will be expected to dedicate an average of 10 hours per week for a one-year period. In return, they will receive a modest stipend as well as the potential for equity in portfolio companies established as the result of their efforts. Beyond on-the-job training, a series of subject matter-focused seminars will be offered on topics ranging from due diligence, intellectual property evaluation, competitive landscape assessment, product development planning and market modeling.

Requirements for consideration are:

• MS, PhD, or MD degree required
• Interest in and experience with medical device innovation
• Genuine desire to learn
• Record of achievement (such as publications or presentations) advancing technologies in academic and/or commercial settings
• Experience applying for and obtaining grant funding from federal, regional and/or state sources
• Ability to make recommendations and decisions both independently and in a team environment
• Capacity to achieve objectives and create deliverables with minimal supervision in a collaborative environment
• Proactive communicator and networker with strong interpersonal skills
• Excellent writing skills
• English fluency
• Comfortable using digital tools such as Zoom, HubSpot, Dropbox, and LinkedIn as well as AI (Claude Cowork)
• Flexibility to accommodate different time zones

Pay: $1,000.00 per month

Education:

• Master's (Required)

Work Location: Remote