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    "requisitionDescription": "<div><div><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;' data-pasted=\"true\"><strong><span style='font-size:15px;font-family:\"Calibri\",sans-serif;color:#414141;'>*Applicants MUST submit a cover letter with resume to be considered.</span></strong></p><p style='margin-right:4.5pt;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;margin-top:0in;margin-bottom:0in;text-align:justify;'><strong><span style='font-size:15px;font-family:\"Calibri\",sans-serif;color:#414141;'>*This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy.</span></strong></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><span style='font-size:15px;font-family:\"Calibri\",sans-serif;color:#414141;'>*<strong><span style='font-family:\"Calibri\",sans-serif;'>Minorities, women, and </span></strong><em><strong><span style='font-family:\"Calibri\",sans-serif;font-style:normal;'>individuals with disabilities</span></strong></em><strong><span style='font-family:\"Calibri\",sans-serif;'> are<em>&nbsp;</em></span></strong><em><strong><span style='font-family:\"Calibri\",sans-serif;font-style:normal;'>encouraged to apply</span></strong></em><strong><span style='font-family:\"Calibri\",sans-serif;'>. Please contact Human Resources if you require an accommodation.</span></strong></span></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:center;'><br></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><strong><u><span style='font-family:\"Calibri\",sans-serif;color:#31849B;'>BASIC FUNCTION:</span></u></strong></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;vertical-align:baseline;'><span style='font-family:\"Calibri\",sans-serif;'>Oversee the execution and strategic scaling of NY State&rsquo;s venture fund partnerships, including the Emerging and Regional Manager and Community Partner funds. Direct the recruitment and management of fund partners to expand capital access for entrepreneurs statewide. Under leadership of NY Ventures Managing Director, work with an integrated team to provide investment reporting, cross-agency collaboration, and the development of future initiatives to drive New York&rsquo;s high-growth innovation economy.</span></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;vertical-align:baseline;'><strong><span style='font-family:\"Calibri\",sans-serif;'>The Emerging and Regional Partner and Community and Regional Partner program funds, </span></strong><span style='font-family:\"Calibri\",sans-serif;'>are the &ldquo;fund of funds&rdquo; programs that NY Ventures created and administers. Funded with $144M of State Small Business Credit Initiative capital from US Treasury, these programs are designed to increase access to capital for innovative start-up companies with high growth potential across New York State, to help close gaps in access to venture capital due to location, industry or background.&nbsp;</span></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;vertical-align:baseline;'><strong><span style='font-family:\"Calibri\",sans-serif;'>NY Ventures </span></strong><span style='font-family:\"Calibri\",sans-serif;'>is the venture capital group under the Small Business &amp; Technology Development Division at Empire State Development (ESD), the economic development agency of New York State. The team at NY Ventures manages over $300M of funds for its direct investments in startups and its fund of funds programs. New York Ventures mission is to fuel innovation and startup growth in strategic sectors across all of NYS by providing venture capital investing that drives long-term economic progress. <strong>&nbsp;https://esd.ny.gov/venture-capital.&nbsp;</strong></span></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><br></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><strong><u><span style='font-family:\"Calibri\",sans-serif;color:#31849B;'>WORK PERFORMED:</span></u></strong></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;vertical-align:baseline;'><span style='font-family:\"Calibri\",sans-serif;color:black;'>The Senior Director will primarily be responsible for managing, directing and overseeing the Emerging and Regional Manager and Community and Regional Partner multi-fund SSBCI programs under the guidance and in support of the Managing Director of NY Ventures:</span></p><div style='margin:0in;font-size:16px;font-family:\"Times New Roman\",serif;'><ul style=\"margin-bottom:0in;list-style-type: disc;margin-left: 29px;\"><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;font-size:16px;color:black;'>Lead the effort to recruit, identify and select investment funds including diligence process, coordinating with other team members for evaluation and preparing final investment recommendations to the Managing Director and the ESD Board of Directors.&nbsp;</span></li><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;font-size:16px;color:black;'>Cultivate and manage industry partner relationships to grow and build awareness and pipeline of applications for the multi-fund programs, especially those focused on serving Socially and Economically Disadvantaged Individual (SEDI)-led companies.</span></li><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;font-size:16px;color:black;'>Manage day-to-day operations of the program including relationships with fund managers and supporting the success of their operations.</span></li><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;font-size:16px;color:black;'>Coordinate with outside and internal legal counsel to secure Limited Partner Agreements for new investment funds.</span></li><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;font-size:16px;color:black;'>Develop, track, monitor and report success of overall program outcomes to internal and external stakeholders, including quarterly and annual reports to US Treasury.</span></li><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;font-size:16px;color:black;'>Represent ESD and/or NY Ventures at conferences and meetings, make presentations and participate in panel discussions regarding building and scaling startup companies and communities to build awareness of all NY Ventures programs.</span></li><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;font-size:16px;color:black;'>Travel an average of 30% of time, primarily in state.</span></li><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;font-size:16px;color:black;'>Working effectively with other colleagues within ESD and the State to further the development of the work of NY Ventures and the Small Business and Technology Development Division including developing new programs that support startup companies and communities.</span></li><li style=\"margin:0in;font-size:16px;font-family: initial;\"><span style='font-family:\"Calibri\",sans-serif;'>Manage other projects as needed and requested by the NY Ventures Managing Director within the Small Business and Technology Division.</span></li></ul></div><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><br></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><strong><u><span style='font-family:\"Calibri\",sans-serif;color:#31849B;'>MINIMUM REQUIREMENTS:</span></u></strong></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><strong><span style='font-family:\"Calibri\",sans-serif;'>Education Level required:</span></strong><span style='font-family:\"Calibri\",sans-serif;'>&nbsp;Graduate degree in business administration, public policy, urban planning, business administration, or related field.</span></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><strong><span style='font-family:\"Calibri\",sans-serif;'>Equivalent Experience required:</span></strong><span style='font-family:\"Calibri\",sans-serif;'>&nbsp;5+ years&#39; experience working in venture or investment fund administration and management, economic or business development particularly as it relates to work within the innovation sector and ecosystem, partner and relationship development and management.</span></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><strong><span style='font-family:\"Calibri\",sans-serif;'>Knowledge required: </span></strong><span style='font-family:\"Calibri\",sans-serif;'>Excellent program management, writing, research, and presentation skills. Strong interpersonal skills. Strong understanding of venture capital fund operations, high growth innovation programs, venture finance, policy, and public/private/nonprofit stakeholders. Understanding of economic development issues and policy as it relates to building and supporting innovation communities&rsquo; start-ups.&nbsp;</span></p><p style='margin-right:0in;margin-left:0in;font-size:16px;font-family:\"Times New Roman\",serif;margin:0in;text-align:justify;'><span style='font-family:\"Calibri\",sans-serif;'>Skills required: Computer and organizational skills including experience and knowledge of venture capital specific programs such as Carta and Pitchbook. Knowledge of and interest in the application of AI to streamline workflows and processes.</span></p></div></div>\n",
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