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Part-Time Entrepreneur in Residence

Company: Penn State University
Location: University Park
Posted on: June 8, 2021

Job Description:


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Entrepreneur-in-Residence (EIR), multiple part-time positions

Ben Franklin Technology Partners of Central and Northern Pa, Inc. (Ben Franklin/CNP) is the largest early-stage investor and supporter of technology start-up companies across 32-counties of Pennsylvania. Headquartered in State College, with additional offices in Erie, Harrisburg, Johnstown and Lancaster, Ben Franklin/CNP makes high-risk, early-stage investments and provides robust management assistance to help local entrepreneurs launch and grow their companies, create jobs, and increase wealth for Pennsylvanians.

Ben Franklin/CNP is looking to add flexible, experienced, enthusiastic Entrepreneurs- and/or Executives-in-Residence (EIRs) to our business services team. As experienced business people, the EIR positions will serve as part-time supplemental resources to provide financial, investment, marketing, sales and business support services and guidance to Ben Franklin/CNP staff and clients. Additionally, these positions will provide on-going mentoring and management assistance to a select few portfolio companies across the Portfolio, based on the EIR's experience and abilities. The EIR may also participate in the delivery of the 10-week Ben Franklin TechCelerator start-up boot-camp offered to aspiring entrepreneurs to help develop their customer understanding, business model and investor presentations.

With the assigned focus in mind, the EIR must be an enthusiastic supporter of new business growth coming from all possible locations, populations, and sources of innovation. Active interaction, networking, and outreach to the business, investment/finance, higher-education, and technology sectors is required. Additional responsibilities may include assisting in programs, services and activities of the Transformation Business Services Program. This program includes an assessment of the company management team, operational and growth issues, sales and marketing strategy, corporate strategy, cash management, financial planning, and coordinating/facilitating specialized support services with other staff associates in accounting operations, human resources, market research and software training. In addition, this role may review business strategies and active participation in planning sessions to define clear and measurable objectives for each company, monitor client progress and develop corrective strategies as needed.

The EIRs will report directly to the Regional Directors of Ben Franklin/CNP. Typically requires a Master's degree or higher plus five years of related experience, or an equivalent combination of education and experience. Leadership experience in a technology-based private-sector company is preferred. Enthusiasm for the opportunities and potential of Central and Northern PA and for educated risk-taking is a must. Excellent interpersonal, verbal, and written communication skills, as well as the ability to work both independently and in a team-oriented environment, are essential. Frequent daily car travel to company locations is required. Occasional overnight travel to other BF/CNP field offices or to accompany client companies may be required. These are flexible part-time appointments based on current portfolio company needs and the availability of funding. It is anticipated that this position, on average will require a 20 hour per week commitment.


Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here.

Employment with the University will require successful completion of background check(s) in accordance with University policies.

EEO is the Law

Penn State is an equal opportunity, affirmative action employer, and is committed to providing employment opportunities to all qualified applications without regards to race, color, religion, age, sex, sexual orientation, gender identify, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.

Affirmative Action

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Erie, PA

Keywords: Penn State University, Ellicott City , Part-Time Entrepreneur in Residence, Other , University Park, Maryland

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