New

Program Director - Nittany Angels (Angel Investment Program)

The Pennsylvania State University
paid time off, sick time, remote work
United States, Pennsylvania, University Park
201 Old Main (Show on map)
Sep 15, 2025
APPLICATION INSTRUCTIONS: CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please login to Workday to complete the internal application process. Please do not apply here, apply internally through Workday. CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please login to Workday to complete the student application process. Please do not apply here, apply internally through Workday. If you are NOT a current employee or student, please click "Apply" and complete the application process for external applicants. Approval of remote and hybrid work is not guaranteed regardless of work location.For additional information on remote work at Penn State, seeNotice to Out of State Applicants. POSITION SPECIFICS Penn State's Office of the Senior Vice President for Research directs efforts to translate the intellectual capital of the University into the marketplace as part of the University's economic development and land-grant missions. Under the direction of the Executive Director of the Nittany Angels, we are seeking a Program Director with overall responsibilities for developing and managing the day-to-day operations. Work Arrangement: This individual in this position will operate fully in-person at our University Park campus. The role includes the following: Creating and managing a steady flow of qualified, early-stage investment opportunities. Facilitating the investment process from initial screening to closing, establishing and managing the support resources. Managing communications with the angel investors, prospective startup companies, and other stakeholders. Responsibilities include the following: Facilitates the investment process from initial screening, due diligence, company presentations, to deal- closing and portfolio management. Recruits and manages participants in the screening and due diligence processes including angel investors, students, and others. Implements and utilize technology platforms to manage startup company investment applications and on-going communication with investors. Develops and maintains processes to ensure professional and timely communication with investors, entrepreneurs, and other stakeholders. Assists with implementation of membership plans to motivate qualified Penn State-affiliated investors to join the network. Organizes member orientations, social gatherings, and educational activities for prospective investors. Utilizes various elements of the university to establish and maintain a dynamic and effective angel network that enhances the Penn State entrepreneurial spirit. In collaboration with the OSVPR marketing department, develops and executes a marketing plan to stimulate entrepreneurs to apply for funding and investor participation. Collaborates with other university angel network leaders to establish and maintain best practices. Networks with other early-stage investors, entrepreneurial support organizations, and influencers. Defines, publishes and refines the investment process requirements. Ensures internal control oversight and compliance with laws and regulations, safeguarding of assets, compliance with university policies and procedures, reliability of internal and external reporting, and efficiency and effectiveness of operations. Creates an effective control environment, conducts risk assessment, implements and monitors controls. Required Qualifications: Experience in angel investor network management or at a venture capital firm Excellent planning and management skills Excellent collaboration, communication, and organizational skills Excellent finance and budgeting skills Excellent at using various technology platforms Requires knowledge of business formation processes, market analysis and due diligence processes Requires knowledge in assessment of early-stage investment opportunities Requires experience in recruiting entrepreneurs and business development resources Desired Qualifications: Advanced technical degree or MBA Experience working in a university setting 10+ years in launching early-stage technology start-ups Experience in diverse technical domains and geographies Extensive network of angel investors Application: Candidates must submit a cover letter and resume for consideration. MINIMUM EDUCATION, WORK EXPERIENCE & REQUIRED CERTIFICATIONS Master's Degree 6+ years of relevant experience; or an equivalent combination of education and experience accepted Required Certifications: None Work Arrangement: This position may work in a hybrid work arrangement. Questions related to flexible work should be directed to the hiring manager during the interview process. BACKGROUND CHECKS/CLEARANCES Employment with the University will require successful completion of background check(s) in accordance with University policies. Penn State does not sponsor or take over sponsorship of a staff employment Visa. Applicants must be authorized to work in the U.S. SALARY & BENEFITS The salary range for this position, including all possible grades, is $109,300.00 - $164,000.00. Salary Structure - Information on Penn State's salary structure Penn State provides a competitive benefits package for full-time employees designed to support both personal and professional well-being. In addition to comprehensive medical, dental, and vision coverage, employees enjoy robust retirement plans and substantial paid time off which includes holidays, vacation and sick time. One of the standout benefits is the generous 75% tuition discount, available to employees as well as eligible spouses and children. For more detailed information, please visit our Benefits Page. CAMPUS SECURITY CRIME STATISTICS 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. EEO IS THE LAW Penn State is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, 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. The Pennsylvania State University is committed to and accountable for advancing equity, respect, and belonging. We embrace individual uniqueness, as well as a culture of belonging that supports equity initiatives, leverages the educational and institutional benefits of inclusion in society, and provides opportunities for engagement intended to help all members of the community thrive. We value belonging as a core strength and an essential element of the university's teaching, research, and service mission. 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