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MedPro USA Health Services, LLC.

Director, NYS Innovation Venture Capital Fund Empire State Development

MedPro USA Health Services, LLC., Albany, New York, United States,


Minimum Qualifications

Education level required: bachelor’s degree in engineering, sciences or related field required. Advanced Degree in Engineering or Sciences preferred.

Equivalent Experience & Knowledge Required: 5 years of investment related experience at a PE/VC firm, or in the alternative two or more years of investment banking, start-up or strategy consulting experience.

Strong knowledge and passion for entrepreneurship with solid writing and financial analysis capabilities.

Excellent interpersonal and networking skills with proven ability to develop and maintain effective business relationships.

Analytical skill and ability to interpret data and provide relevant conclusions/recommendations.

Excellent computer

Duties Description

Applicants MUST submit a cover letter with resume to be considered.

Position expected to work onsite and hybrid consistent with New York State.

Basic Function

The Director will be integrally involved in all aspects of investment and portfolio management activities for the New York State Innovation Venture Capital Fund (NYSIVCF) with a primary focus on the areas of deep tech, including climate tech, advanced manufacturing and/or advanced materials. The Director’s activities include identification of potential investment opportunities, due diligence, and post-investment monitoring activities. The Director will primarily be responsible for providing support to the NYSIVCF leadership and senior staff in all aspects of executing the fund’s investment strategy as well as to work with and collaborate with New York Ventures Managing Director and team on other program priorities. NYSIVCF invests in innovative start-up companies with high growth potential across NYS. We are an impact fund aimed at closing gaps in venture capital access due to location, industry or background. Our focus is to foster a start-up ecosystem that creates new opportunities for diverse entrepreneurs to build and scale meaningful businesses across the state. We invest in sectors of importance to NYS including climate and energy, healthcare and life sciences, advanced manufacturing, agricultural technology, AI and other areas of impact.

Work Performed

Participating in all aspects of the investment due diligence process for fund investments including technical due diligence, market sizing and mapping, competitive market identification, financials review, and industry research

Developing and maintaining financial models related to VC financings, investment deal and company restructurings, valuation analyses, and liquidity events

Preparing new investment deal review and presentation materials for the NYSIVCF Investment Advisory Committee and the ESD Board of Directors.

Supporting and initiating active deal flow sourcing of new investments including participating in meetings with founders and entrepreneurs, attending relevant conferences and networking events, and maintaining deal pipeline records

Represent ESD and/or NY Ventures at conferences and meetings, make presentations and participate in panel discussions regarding building and scaling startup companies.

Cultivate relationships with other investors (angel, institutional and/or strategic), and with other ESD and NYS employees involved in supporting start-up and growth companies.

Oversight of investment companies as may be assigned including serving as board observer when appropriate, maintaining a strong relationship with CEO and/or other executive management members, tracking progress of the company and supporting the company in its growth, development and financing strategies.

Maintaining the NYSIVCF assigned portfolio companies – including collecting and reviewing quarterly financial information, maintaining investment data, preparing company updates, and constructing professional presentation materials.

Assist in the evaluation of applications and other support activities for other programs managed by NY Ventures

Outreach to NYS incubators, universities and other assets for deal sourcing and partnering.

Working effectively with other colleagues within ESD and NYS to further the development of the work of New York Ventures and the Small Business and Technology Division including developing new programs that support startup companies.

Other special projects as assigned.

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