BioHealth Innovation, Inc. (BHI), is a Montgomery County innovation intermediary which translates market-relevant research into commercial success by bringing together management, funding, and markets. BHI is seeking an experienced life science professional with entrepreneurial and investment experience to join the BHI EIR team and serve as an Entrepreneur-in-Residence (EIR) at the National Institutes of Health (NIH). This position will report to and work closely with our lead at the NIH Office of the Director, Office of Extramural Research (OER) at the Bethesda, MD campus. The EIR will provide product, corporate and private investment strategy for companies which have SBIR/STTR awards and are ready for the next step towards commercial success.
The NIH is the world’s largest early stage biomedical investor providing nondilutive funding for US companies in the form of grants and contracts through the SBIR/STTR program. In FY19 the Congressional funds set aside for company funding exceeds $1B USD. The EIR program supports NIH interests in commercial success of its SBIR/STTR portfolio companies.
POSITION DESCRIPTION – Entrepreneur-In-Residence
The EIR will work directly with NIH staff and NIH portfolio companies to mentor and enable business/product development as well as help expand companies’ networks with investors and corporations who may have a strategic interest in early stage biomedical technologies and companies. As such, the EIR will bring and continue to expand a network of private and corporate investors and related organizations who are stakeholders in the entrepreneurial ecosystem where early stage companies need connections. The network effect of multiple EIRs benefits companies exponentially. In addition, the EIR will support both support existing trans-NIH initiatives for early stage companies and as directed, ideate, plan and implement new programs.