Commercial Development Manager (science And Engineering)(university Of Manchester Innovation Factory)

Commercial Development Manager (Science & Engineering)

In the Commercial Development Team, we work closely with the academic inventors to translate their groundbreaking research into commercially viable propositions that have a real-world impact.

We manage a diverse portfolio of projects, facilitate IP protection, and work collaboratively with our colleagues in the Innovation Discovery and Investment & Licensing Teams to build commercially sound business cases.

We currently have a fantastic opportunity for an enthusiastic and highly motivated individual to join our forward-thinking and supportive team, where innovative, fresh ideas are valued, and everyone’s voice is heard.

Role Summary

• Work in close collaboration with the Innovation Discovery Team and the Investment & Licensing team.
• Develop a package of information that can be used to produce commercially compelling business plans, valuations, and partner due-diligence activities and present their findings for approval.
• Responsible for communicating with the inventors the analysis and decisions made in the Innovation Factory about invention.

Key objectives and responsibilities of the role include:

• Building strong, collaborative relationships with academic inventors, colleagues, and both internal and external stakeholders.
• Managing a portfolio of commercial projects, prioritizing tasks, tracking progress, and reporting outcomes.
• Critical assessment of technology, unmet need, value proposition, competitive landscape, and market opportunity.
• Leading market research, IP and commercial due diligence to ensure market fit and appropriate IP protection.
• Development of commercial project plans, including identification of funding sources, industry/commercial partners, advisors, and consultants.

The successful candidate will have the following essential skills, experience, and qualifications:

• Higher degree in science & engineering (or equivalent) related subject.
• Proven scientific and commercial experience gained within a science & engineering sector.
• Curious and up to date with innovative technology developments and market trends in the science & engineering sector.
• Analytical and detail-oriented thinker, able to identify commercial potential and judge impact.
• Used to manage multiple projects, deliver objectives, and meet targets within agreed timelines.
• Great interpersonal and stakeholder management skills – able to build strong and long-lasting collaborative relationships.
• Excellent verbal and written communication skills.
• A business or project management qualification is not essential, but would be advantageous.

What you will get in return:

• Market-leading pension scheme.
• 32 days annual leave entitlement, including bank holidays and end-of-year office closure, rising with length of service.
• Private health care and dental care.
• Great working environment within the University of Manchester campus, with excellent transport links.