New

Executive Director N+1 Institute

University of Wisconsin Madison
$140,000 ANNUAL (12 months)
paid time off
United States, Wisconsin, Madison
21 North Park Street (Show on map)
Mar 13, 2025
Job Summary: About UW Madison and 4490 Ventures: UW-Madison is a leading public university with 44,000 total students. We are ranked 8th in the nation in public universities for Computer Science and 6th in the nation in funding for academic research. We have 44 faculty in the computer science department. We are in the process of building a $290 Million new facility to house our computer science department and where this center will be located. 4490 is a leading venture capital firm based in Madison, WI. The four partners are former entrepreneurs and executives who partner with founders in emerging tech hubs to lead Series A investments in their early-stage Web 3.0 enabled technology companies. The N+1 institute was founded by UW-Madison and 4490 ventures, a Midwest Venture Capital firm, to enable the future of Web 3.0. As data, connectivity, and IOT devices explode every company is being forced to become part software, data, and analytics company at a time when we are facing a dire global shortage in skilled technical talent and the executive talent to manage this change. The N+1 institute aims to become THE hub driving web 3.0 innovation in the world. We are hiring this role prior to taking the center live so the Executive Director can participate in the creation and launch of the center. As Executive Director you are the CEO of the center, the face of external world, and the driver of the center's strategy and execution. You will participate in fundraising, recruiting board, and managing member companies and drive execution for the center. You will hire all the resources required for this center and build the operational structure and systems required to run the center. A successful Executive Director has a passion for technology, making an impact, education and innovation. You have a keen interest in software, data, analytics, and what it will do to change the world. You are a proven executive, entrepreneur, or technologist. You have reached a point in your career where you are not doing this job for the money, you want to create and run something that has the potential to make a huge impact. You are excited to create something that shapes the future of the web and how students and executives are trained to navigate this change. You are comfortable being the face of the center to the external world and passionately driving the center forward. You derive great pleasure in helping students learn and grow. You thrive on providing exceptional experiences and service to our board members' companies. As the center grows, you will strengthen the center's relationships with industry, government and build a N+1 community that will drive the future of web (n+1). After the first year, this role will become dependent on revenue raised by private funds. Responsibilities: Internally focused: Hire and manage all staff for the center. (Initially envisioned to be 4 total resources in addition to the Executive Director) Oversee operational budget of $2-$3M per year. Partner with the founders to set the vision for the center on how to best enable applied learning, applied research and entrepreneuring for all key stakeholders Prepare annual budget and operating plan for approval by the board Coordinate and implement all center specific programs to achieve applied learning, applied research and entrepreneuring Manage relationships with the CS department and other key university departments Manage relationships with students in the N+1 institute Manage all operational aspects of the institute Externally focused: Represent N+1 institute externally as the face of the center with all key stakeholders Recruit and manage relationships with board member companies Create and manage bi-annual company board meetings Design, develop and run annual industry conference Build and execute a marketing plan for the center leveraging outsourced resources as needed Participate on the investment committee for (n+1) seed fund Responsible for management and operations of the (n+1) seed fund Responsibilities: Plans and provides direction for the administrative operations of a division or business unit(s) of the institution to advance program goals and objectives. 25% Directs, implements, and monitors strategic planning initiatives to ensure appropriate use of financial, administrative, and staffing resources 10% Recommends, reviews, and directs personnel resource allocation to ensure appropriate utilization of resources 10% Supervises managerial, professional, and support staff of the unit or division and facilitates unit staff developmental opportunities 35% Serves as the unit liaison to internal and external stakeholder groups providing organizational information and representing the interests of the unit 10% Develops and audits administrative operating reports, budgets, policies, and procedures to comply with regulations, institution policies, and business objectives 10% Exercises supervisory authority, including hiring, transferring, suspending, promoting, managing conduct and performance, discharging, assigning, rewarding, disciplining, and/or approving hours worked of at least 2.0 full-time equivalent (FTE) employees Institutional Statement on Diversity: Diversity is a source of strength, creativity, and innovation for UW-Madison. We value the contributions of each person and respect the profound ways their identity, culture, background, experience, status, abilities, and opinion enrich the university community. We commit ourselves to the pursuit of excellence in teaching, research, outreach, and diversity as inextricably linked goals. The University of Wisconsin-Madison fulfills its public mission by creating a welcoming and inclusive community for people from every background - people who as students, faculty, and staff serve Wisconsin and the world. For more information on diversity and inclusion on campus, please visit: Diversity and Inclusion Education: Preferred Master's Degree MBA or related degree Qualifications: Minimum 12+ years of software or technology experience. Demonstrated executive leadership in previous work or life experience. Excellent written and verbal communication skills. 15+ years leadership experience in a leading technology company. Additional 7+ years experience mentoring, coaching, and lecturing in entrepreneurship in higher education. Work Type: Full Time: 100% It is anticipated this position requires work be performed in-person, onsite, at a designated campus work location. Appointment Type, Duration: Ongoing/Renewable Salary: Minimum $140,000 ANNUAL (12 months) Depending on Qualifications Employees in this position can expect to receive benefits such as generous vacation, holidays and paid time off; competitive insurance and saving accounts; and retirement benefits. How to Apply: Please click on the "Apply Now" button to start the application process. For questions on the position, contact: Lance Potter, lpotter@wisc.edu To apply for this position you will need to upload a cover letter and resume/CV. Your cover letter should address your qualifications as they pertain to the qualifications listed above. Contact: Lance Potter lpotter@wisc.edu 608-263-6759 Relay Access (WTRS): 7-1-1. See RELAY_SERVICE for further information. Official Title: Administrative Director(AD004) Department(s): A48-COL OF LETTERS & SCIENCE/COMPUTER SCI/COMP SCI Employment Class: Academic Staff-Renewable Job Number: 312034-AS The University of Wisconsin-Madison is an Equal Opportunity and Affirmative Action Employer. Qualified applicants will receive consideration for employment without regard to, including but not limited to, race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, disability, or status as a protected veteran and other bases as defined by federal regulations and UW System policies. We promote excellence through diversity and encourage all qualified individuals to apply. For more information regarding applicant and employee rights and to view federal and state required postings, click here If you need to request an accommodation because of a disability, you can find information about how to make a request at the following website: https://employeedisabilities.wisc.edu/disability-accommodation-information-for-applicants/ Employment may require a criminal background check. It may also require you and your references to answer questions regarding sexual violence and sexual harassment. The University of Wisconsin System will not reveal the identities of applicants who request confidentiality in writing, except that the identity of the successful candidate will be released. See Wis. Stat. sec. 19.36(7). 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