Technology Venture Fellow

Cambridge, MA /
Venture Fund /
Part-Time
Technology Venture Fellow

About The Engine
The Engine, built by MIT, invests in early-stage companies solving the world’s biggest problems through the convergence of breakthrough science, engineering, and leadership. We accelerate the path to market for Tough Tech companies through a combination of capital, infrastructure, and network. These Tough Tech companies work in diverse arenas including advanced materials, energy, quantum computing, advanced manufacturing, artificial intelligence, biotech, food&ag, robotics, space, and more.

Job Description 
We are looking for outstanding scientists, engineers and budding entrepreneurs to work together with our investment team to explore various tough tech areas and conduct scientific and technical diligence of incoming opportunities. The Technology Venture Fellowship will allow current students and postdocs to dive into areas of their interest as well as areas of strategic importance to The Engine. You will be able to apply your graduate training and scientific expertise and combine it with business-oriented thinking in the context of venture investments. For those considering an alternative path to academia, the Technology Venture Fellowship program will give you an experience rooted deeply in science and engineering while allowing you to learn about business formation and venture investments in Tough Tech.
 
We are looking for Fellows to join our team in January/February 2022.
 
As the Technology Fellow you will: 
-Develop comprehensive view of the scientific research, publications, and IP of a Tough Tech sector
-Understand the market dynamics, competitive landscapes, key trends (incl. regulatory trends) and market and technology gaps
-Identify and connect with key players, competitors and relevant academic and industry experts
- Form actionable investment theses around your research
For company-specific diligence, you will:
-Identify the target company’s potential competitors and partners 
-Identify, categorize, and prioritize the key scientific/technical risks the company has already retired versus those they are still facing
-Evaluate forward-going R&D plan and strategy of the potential company
-Help prepare internal investment memos
 
You are:
-Motivated by The Engine’s mission to enable tough tech entrepreneurs to create world-changing companies 
-PhD student (ideally 4th or 5th year) or postdoc in engineering or (applied) science, or MBA student with a strong background in an engineering or (applied) science discipline; Affiliated with one of the universities in the greater Boston area
-Have the ability to dedicate 10-15hrs per week to The Engine;
-Preferentially demonstrated significant activity in science/technology disciplines outside one's own field or work in “convergence”/interdisciplinary areas
-Fast and eager learner, naturally curious and passionate about new technologies
-Outstanding analytical mind with attention to detail without losing sight of the larger goals and context
-Execution-driven with ability to work in a flexible, dynamic and fast-paced environment
-Pro-active and self-motivated, while also taking directions well or seeking directions when needed
-Able to present and communicate effectively 
-Bonus: growing network in the greater Boston academic and entrepreneurial ecosystem
 
How do I apply? Please submit a resume and a cover letter. If after reviewing your application, you are selected to continue the interview process, we will reach out to set up an in-person meeting. Note this is a paid internship opportunity, so if you are a foreign national, please make sure your visa allows you to receive financial compensation.
 
The Engine is located in Central Square in Cambridge and operates a 30,000 square-feet facility with co-working offices, a bio lab, a wet chemistry lab and a prototyping shop. Our website contains additional details about our founders, our team, our mission and our offering: www.engine.xyz 
 
We are looking for an intern to join our team in January / February 2022