Reporting to the Director of the Western Technology Transfer Office (WTTO), the Business Development Manager will lead, develop and implement strategies to enhance commercialization of intellectual property created by Western and its partners including, faculty, postdoctoral fellows, students and staff. The role will also provide support in matters related to industrial interactions and intellectual property management in the area of the Engineering and Sciences. The role will establish relationships in order to solicit new innovations for the WTTO, seek out commercialization opportunities and maintain relationships with industry, partners and other stakeholders in order to reinforce and advance the reputation of Western and the WTTO locally, nationally and internationally.
The Business Development Manager will research and evaluate innovation disclosures, develop and manage patent processes, determine commercial potential for innovations, make decisions on technology investments, and develop and execute related marketing plans. The role will negotiate terms and conditions of licenses, research and development agreements, and material transfer and confidentiality agreements. The Business Development Manager will identify opportunities for prototype development funding, and assist with spin-off company creation, including business plan preparation, market research, developing research and development plans with inventors, and strategic planning.