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American Cancer Society Summer Venture Fellow Internship - Paid in Boston, Massachusetts

Summer Venture Fellow Internship - Paid

  • Job ID:

28366

  • Functional Area:

Research

  • Position Type:

Intern - Paid

  • Experience Required:

Not Indicated

  • Location:

Massachusetts - Boston

Georgia - Atlanta

  • Department:

Finance

  • Education Required:

Masters Degree

  • Relocation Provided:

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Position Description:

Save lives. Fulfill yours.

At the American Cancer Society, we're leading the fight for a world without cancer. Our employees and 1.5 million volunteers are raising the bar every single day. We actively seek candidates from diverse backgrounds including communities of color, the LGBTQ community, veterans, and people with disabilities. The greater the diversity of our people, the better we can serve our communities. The people who work at the American Cancer Society focus their diverse talents on our lifesaving mission. It is a calling. And the people who answer it are fulfilled.

BrightEdge is the American Cancer Society’s donor-funded philanthropic impact fund operating at the intersection of impact, investment, and innovation. To accelerate ACS’s bold goal of reducing cancer mortality 40% by 2035, BrightEdge propels groundbreaking patient-centric solutions by investing in the most innovative startup companies developing novel technology-based cancer solutions to advance science, reduce disparities, and promote healthcare sustainability.

The BrightEdge team uses a double bottom-line approach by evaluating both mission-driven social impact and financial returns on investments to help fuel the Society’s life-saving programs in research, access, and health equity.

The position is responsible for analyzing current and potential enterprise formation of ACS’s extramural research grants portfolio and programs. Over $5B has been invested in cancer research since the Society’s founding and the annual $400MM investment in research grants-in-effect is an integral part of the Society’s mission. This position will assess the Extramural Science portfolio of past grant recipients, intellectual property filings, publications, and industry disclosures for startup formation and growth. This information will be used for ACS grantee engagement, C-Suite communications, and future BrightEdge investment decisions. Clear presentation of findings is critical. This position is required to communicate effectively with various stakeholders including organizational leadership and various internal communication channels. This is a fully remote position for summer venture fellow intern. The student will need their own access to a computer and internet; unfortunately we will not be able to provide these.

The intern will mainly focus on qualitative data collection and analysis tasks, including reviewing of extramural research publications, related IP and commercial activity, industry and market trends, stakeholder interviews, and summarizing data in written reports and presentations. Outside of project-specific activities, the intern will be invited to participate in regular due diligence and evaluation meetings to learn more about how investment decisions are made and to expand network and knowledge of emerging startups in life sciences and healthcare seeking VC financing. Below is a specific list of projects and activities in which the intern will participate:

  • Develop “watch lists” of ACS-affiliated oncology therapeutic, diagnostic, platform, and device companies based on stage of hypothesis validation and feasibility testing for which there is quantifiable opportunity to enable and scale

  • Generate actionable hypothesis and business case for strategic investment in technology-backed solutions that deliver ACS mission to prevent, detect, defeat cancer and improve quality of lives of patients and caregivers

  • Design selection and integration algorithm for ongoing horizon scans

  • Conduct stakeholder interviews with internal and external thought leaders and KOL’s on key scientific and market barriers to commercialization

  • Summarize findings in written reports, manuscripts, and/or presentations

Position Requirements:

Advanced degree holder or student (PhD or MD) in oncology-related field or equivalent experience in a biomedical setting combined with MBA or equivalent experience in finance, investment, or business strategy.

Required Skills:

  • Deep scientific background in life sciences with strong understanding of cancer biology

  • Business experience is a plus in startup or innovation setting (Business Development, finance, operations, consulting)

  • Flexible, comfortable with change; team player with low ego

  • Entrepreneurial drive and passion for biomedical innovation

  • Eager to learn—new topics, methods/approaches, and tools through self-learning, observation, resources, discussion with colleagues

  • Strong oral and written communication skills—reports and summaries, manuscripts (no experience required), creating presentations

  • Analytical/evaluative thinker

  • Self starter and able to drive programming without much oversight

  • Excellent attention to detail

Note: an internship assignment may coincide with the student’s last term/trimester, but student must disengage upon graduation. We are committed to providing staff with fulfilling opportunities to learn, grow and make an impact in their local communities.

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