Manager, Capital Markets Development

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Michigan Economic Development Corporation is a quasi-public entity developed to support economic diversity, high-tech businesses and jobs in Michigan. For more information, see www.themedc.org and www.michiganadvantage.org.

Manager, Capital
Markets Development

Reporting to the Director of Program Administration you will serve as the liaison with the financial community on behalf of MEDC. You will be responsible for designing, implementing, managing, and coordinating the MEDC's capital programs and policies including the Venture Michigan Fund, 21st Century Investment Program, Angel Tax incentive, and direct investments made in venture capital firms within Michigan. 

Duties include creating, building, and maintaining business relationships with partners and private sector firms including private equity groups, entrepreneurs and business development groups; and directing the administration, strategic planning, business development, investment banking, and project management for the MEDC's capital development initiatives and programs. 

Occasional travel is required, three days in Lansing and the other two days in various locations throughout the state (primarily in Southeast Michigan, with some travel to Ann Arbor, Kalamazoo, and Grand Rapids).  Requires work during normal business hours with some evening obligations as necessary.

Functions Include:Managing and monitoring results of the MEDC's capital programs such as 21st Century Investment Fund, the Venture Michigan Fund, and the Angel Tax Incentive) to insure growth and to insure capital investment goals are metDeveloping and implementing new programs to further increase access to investment capital for businessesMaintaining and developing relationships with the investment fund and investment fund communityProviding consultation to Michigan businesses and businesses considering relocation regarding investment capital and investment opportunities  Directly managing three direct reports within Capital Markets Development Serving as liaison and relationship builder in Michigan's financial community by connecting investors, investment fund partners/associates and companies seeking investmentPromoting and publicizing MEDC's capital programs to the financial community through speeches and presentations and participation at conferences and panels

Qualified Candidates Will Possess:Ability to utilize common business software such as work process, spreadsheet, and presentation software Ability to read, analyze, and interpret technical journals, legal, and contractual documents, as well as financial reports Strong written and oral communication skills, with ability to make presentations and write speeches and articles



This position offers a competitive compensation of $73,465 - $83,000 (doe) plus car allowance and a comprehensive benefits plan.

To Apply:

To receive full consideration, qualified candidates must submit a letter of interest including salary requirements and an up-to-date resume by September 30, 2008. Please indicate in your cover letter from what source you learned of this position. You must reference the position title for full consideration. Strong candidates will be contacted by telephone for additional information and a possible on-site interview. Credentials will be accepted until the position is filled.

Send credentials to:

Ms. Kathy Tungate
Director, Executive Search &
Human Capital Consulting
HIRING SOLUTIONS, LLC
2104 Jolly Road, Suite 200
Okemos, Michigan 48864

You may also apply by fax at:
517-347-1243
or via E-Mail at:
apply-mgr@hiringsolutionsinc.com
 



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