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The MITRE Corporation Venture Principal in Bedford, Massachusetts

Why choose between doing meaningful work and having a fulfilling life? At MITRE, you can have both. That's because MITRE people are committed to tackling our nation's toughest challenges—and we're committed to the long-term well-being of our employees. MITRE is different from most technology companies. We are a not-for-profit corporation chartered to work for the public interest, with no commercial conflicts to influence what we do. The R&D centers we operate for the government create lasting impact in fields as diverse as cybersecurity, healthcare, aviation, defense, and enterprise transformation. We're making a difference every day—working for a safer, healthier, and more secure nation and world. Our workplace reflects our values. We offer competitive benefits, exceptional professional development opportunities, and a culture of innovation that embraces diversity, inclusion, flexibility, collaboration, and career growth. If this sounds like the choice you want to make, then choose MITRE—and make a difference with us.

MITRE Engenuity is seeking a Venture Principal to lead investments for early-stage strategic growth fund. MITRE and MITRE Engenuity invest in companies for a safer world in areas where MITRE has expertise, capabilities, or knowledge of future importance for economic prosperity. We focus on investing in innovation for public good and bring MITRE’s deep research and ecosystem expertise is a differentiator directly impacting the success of startups and their broader impact. Our investment team which the Venture Principal leads will work closely across MITRE and industry to integrate MITRE strategic goals, knowledge, capabilities to evaluate investments and support portfolio companies. The Venture Principal leads a team whose impact from investment is measured within a strong public good framework where financial return is a component of a broader strategy.

Responsibilities include:

  • Create a sector investment strategy within MITRE technical and business domains including performance parameters for addressing the sector, market size, technology trends, business model innovation, competitive landscape, social, and economic impact

  • Develop our investment brand and manage relationships with: VC firms, startup accelerators, founders, and other members of the venture ecosystem

  • Proactively source potential deals that match to investment criteria

  • Lead team in all stages of an investment including diligence, market and competitive analysis, and developing investment themes, and deal negotiation

  • Perform due diligence including financial modeling, financial and operational analysis, transaction structuring, and industry research

  • Manage and coordinate with MITRE Labs for Technical due diligence

  • Manage and enhance the professional development team members

  • Lead team creation of investment memos and participate in investment committee discussions

  • Understand key credit documentation and economic/legal structure

  • Manage the overall transaction and closing processes

  • Support investments with a combination of MITRE technical resources and business guidance.

Minimum Qualifications:

  • Applicants selected for this position will be subject to a government security investigation and must meet eligibility requirements for access to classified information or applicants who are eligible for security clearances.

Required Qualifications:

  • Exceptional financial modeling, analytical, conceptual, and problem-solving capabilities

  • Effective writing and communication skills, excellent attention to detail, and good judgment

  • Ability to work both independently and on a fast-paced team

  • A desire to work in a start-up team environment

  • Intellectual curiosity and interest in creating impact beyond financial returns in society or economy

  • BS or technical degree and 5 years of related experience in startups or investing

  • Strong understanding of business or technology within one or more of MITRE investment sectors

Preferred Qualifications:

  • Graduate degree (MS, or PhD) in a technical area

  • 3+ years in investment banking, private equity, or venture capital

  • Proven track record of growing an organization from vision to successful realization of the vision.

  • Extensive network spanning industry and government in the wireless/cellular communications and related verticals (Drones, Transportation, Public Safety, Remote Healthcare, Agriculture, manufacturing, robotics)

  • Private debt and/or fund of funds investing experience

This requisition requires the candidate to have a minimum of the following clearance(s):

None

This requisition requires the hired candidate to have or obtain, within one year from the date of hire, the following clearance(s):

None

Salary compensation range and midpoint:

$134,300 - $194,600 - $268,500 Annual

MITRE requires all employees to be fully vaccinated against COVID-19. Newly hired employees must be fully vaccinated prior to their employment start date. MITRE will provide reasonable accommodation to those with a medical condition, disability or a sincerely held religious belief that prevents them from receiving a vaccine so long as it does not create an undue hardship for MITRE and/or does not pose a direct threat to the health or safety of the employee or others in the workplace.

MITRE is proud to be an equal opportunity employer. MITRE recruits, employs, trains, compensates, and promotes regardless of age; ancestry; color; family medical or genetic information; gender identity and expression; marital, military, or veteran status; national and ethnic origin; physical or mental disability; political affiliation; pregnancy; race; religion; sex; sexual orientation; and any other protected characteristics. For further information please visit the Equal Employment Opportunity Commission website EEO is the Law Poster (https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf) , EEO is the Law Poster-Supplement (https://www.eeoc.gov/sites/default/files/migrated_files/employers/eeoc_gina_supplement.pdf) and Pay Transparency (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf) .

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Benefits information may be found here (https://careers.mitre.org/us/en/benefits)

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