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Scientific Innovation and Strategic Investments Intern (Summer)

The Massachusetts Life Sciences Center (MLSC) is an economic development and investment agency with a mission of supporting the growth and development of the life sciences in Massachusetts.

Through public-private funding initiatives, the MLSC supports innovation, research and development, commercialization, and manufacturing activities in the fields of biopharma, medical device, diagnostics, and digital health. As a quasi-public agency, the MLSC also offers programs that fund innovation-driven economic and workforce development initiatives in Massachusetts.

The Scientific Innovation and Strategic Investments team is responsible for understanding innovation funding needs to develop programs that address these opportunities, as well as maintain relationships with key stakeholders in the ecosystem. The team currently manages programs for early-stage companies, support for translational research, in addition to capital programs for non-profit research institutions with company partnerships. The team is currently working on funding programs that address gender parity and representation in life science entrepreneurship, support of capital (equipment) infrastructure and increasing translational research in big data, women’s health, novel therapeutics delivery and other pressing life science sectors.

For more information, visit www.masslifesciences.com.

Position Description:

  • Support the Center's administration of funding programs. Examples may include:
    • Administrative review of applications
    • Supporting review meeting logistics
    • Aiding post-award management
    • Working with team to execute coaching sessions
    • Collecting & analyzing deliverables and reporting from previous awardees to maintain tracking of the portfolio
  • Optimize and maintain online application process for research programs in grant management system
  • Create process workflows in data management systems to extract data and assists with reimbursement process for program awardees
  • Assist with event coordination, press announcements, and industry conferences. Examples may include:
    • Compiling outreach lists for targeted communication
    • Drafting language for content and messaging
    • Drafting content for PowerPoint slides, Word documents, webpages, and other materials for internal and external use
  • Communicate with program applicants, industry stakeholders, and government officials
  • Manage scheduling for Industry team activities, some of which may include: meetings, company pitches, coaching sessions, and external events
  • Research and analyze information for new strategic investment programmatic offerings to support the life sciences in Massachusetts

Desirable Qualifications:

  • Academic coursework or relevant work experience in life sciences, engineering and business
  • An advanced degree in life sciences is preferred
  • Comfortable communicating internally and externally in a professional manner
  • Competency in Microsoft Word, Excel, and PowerPoint
  • Familiarity with Airtable, NetSuite, and Submittable software is preferred
  • Desire to engage in process optimization

Personal Qualities:

  • Strategic thinker, results-oriented, analytical skills, self-management, ability to maintain confidentiality, high level of interpersonal skills

Transportation:

  • Car is preferable (free parking available)
  • If car is not available, the office is located on the 70 bus line and is a 20 minute walk or 5 minute bus ride from the Waltham Commuter Rail Station.

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What You Should Know About Scientific Innovation and Strategic Investments Intern (Summer), Massachusetts Life Sciences Center

Are you ready to kickstart your career in the exciting world of life sciences? The Massachusetts Life Sciences Center (MLSC) is looking for a passionate Scientific Innovation and Strategic Investments Intern for the summer to join our dynamic team! This is not just any internship; it’s an opportunity to immerse yourself in the heart of innovation funding and strategic investments within the life sciences sector. You’ll have the chance to support the administration of various funding programs, engage in post-award management, and optimize our online application processes. Are you a natural at drafting engaging content? You’ll be involved in creating materials for internal and external communications, including presentations and newsletters. Your analytical skills will shine as you collect and evaluate deliverables from awardees, helping us track the success of our funding initiatives. Plus, you’ll gain valuable experience by coordinating events that connect industry stakeholders! To thrive in this role, you should be currently pursuing a degree in life sciences, engineering, or business, with a preference for advanced degrees. If you have a knack for strategic thinking and a desire to optimize processes, we want to hear from you! Join the MLSC this summer and contribute to our mission of supporting the growth of life sciences in Massachusetts!

Frequently Asked Questions (FAQs) for Scientific Innovation and Strategic Investments Intern (Summer) Role at Massachusetts Life Sciences Center
What responsibilities come with the Scientific Innovation and Strategic Investments Intern position at the Massachusetts Life Sciences Center?

The Scientific Innovation and Strategic Investments Intern at the Massachusetts Life Sciences Center (MLSC) will engage in a variety of responsibilities including admin review of applications, coordinating review meetings, and supporting post-award management. You will also assist in creating workflows and handling various communication tasks with industry stakeholders. This internship is a fantastic way to gain practical experience in the life sciences sector while supporting crucial funding programs.

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What qualifications are preferred for the Scientific Innovation and Strategic Investments Intern role at MLSC?

Candidates for the Scientific Innovation and Strategic Investments Intern position at the Massachusetts Life Sciences Center (MLSC) should ideally have coursework or experience in life sciences, engineering, or business. An advanced degree in life sciences is preferred. Additionally, proficiency in Microsoft Word, Excel, and PowerPoint, along with familiarity with Airtable, NetSuite, and Submittable software, are beneficial.

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What personal qualities would make someone a good fit for the Scientific Innovation and Strategic Investments Intern position at MLSC?

A successful Scientific Innovation and Strategic Investments Intern at the Massachusetts Life Sciences Center (MLSC) should display strategic thinking, strong analytical skills, and a results-oriented mindset. Excellent communication and interpersonal skills are also vital, as you will interact with various stakeholders and need to manage confidential information discreetly.

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Is there any transportation support available for the Scientific Innovation and Strategic Investments Intern role at MLSC?

Yes! The Massachusetts Life Sciences Center (MLSC) provides free parking for interns with cars. Additionally, the office is conveniently located on the 70 bus line and is just a 20-minute walk or a 5-minute bus ride from the Waltham Commuter Rail Station, making it accessible for those without a vehicle.

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What kind of projects will I work on as a Scientific Innovation and Strategic Investments Intern at MLSC?

As a Scientific Innovation and Strategic Investments Intern at the Massachusetts Life Sciences Center (MLSC), you’ll work on projects like aiding funding program administration, drafting presentations and communications, and assisting with event coordination. You’ll also be involved in researching strategic investment opportunities to bolster the life sciences sector in Massachusetts.

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What opportunities for professional development exist for interns at the Massachusetts Life Sciences Center?

Interns at the Massachusetts Life Sciences Center (MLSC) will have numerous opportunities for professional development, including working alongside experienced team members, attending industry conferences, and participating in coaching sessions. This invaluable experience will help you build a robust professional network in the life sciences field.

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What skills should I highlight in my application for the Scientific Innovation and Strategic Investments Intern role at MLSC?

When applying for the Scientific Innovation and Strategic Investments Intern position at the Massachusetts Life Sciences Center (MLSC), highlight skills such as strategic thinking, analytical problem-solving, and effective communication. Demonstrating familiarity with data management systems and a desire for process optimization will also set your application apart.

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Common Interview Questions for Scientific Innovation and Strategic Investments Intern (Summer)
What interests you about the Scientific Innovation and Strategic Investments Intern position at MLSC?

Express your passion for life sciences and how you are excited to be part of an organization that actively contributes to the sector's growth. Discuss specific aspects of the role, such as funding programs and stakeholder engagement, that resonate with your career aspirations.

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How would you approach the task of optimizing the application process for funding programs?

Outline a structured method to review the current processing workflows, identify bottlenecks, and suggest actionable improvements. Additionally, emphasize your adaptability and willingness to collaborate with team members for effective implementation.

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Can you describe a relevant project or experience you have that prepares you for the Scientific Innovation and Strategic Investments Intern role?

Share a specific project or experience that showcases your experience in life sciences, engineering, or business. Discuss what you learned, the skills you employed, and how this experience aligns with the tasks involved in the MLSC internship.

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What strategies would you use to communicate effectively with external stakeholders?

Highlight the importance of being clear, concise, and professional in your communication. Discuss your approach to active listening, following up promptly, and building long-lasting relationships that benefit both parties.

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How familiar are you with data management software and its applications in grant processes?

Discuss your experiences with data management systems like Airtable, NetSuite, or other relevant software. Highlight how these tools can streamline the grant application processes and improve data accuracy and tracking.

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What do you consider the biggest challenge when working with early-stage companies?

Acknowledge that early-stage companies often face resource limitations and fluctuating priorities. Emphasize your collaborative mindset and problem-solving skills in overcoming these challenges to help them succeed in obtaining funding.

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How would you ensure confidentiality while managing project information?

Explain your understanding of the importance of confidentiality and data protection protocols. Discuss measures such as secure data handling and responsible communication practices that help maintain confidentiality throughout the project.

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Describe how you would handle multiple tasks or deadlines in this internship position.

Share your time management techniques, such as prioritizing tasks based on urgency and importance, breaking projects down into smaller steps, and using tools like calendars or project management software to stay organized and focused.

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How would you research and analyze potential new investment opportunities for the life sciences?

Outline a research approach that includes analyzing market trends, identifying key players in the field, and reviewing relevant studies and reports. Highlight your ability to synthesize data into actionable insights for strategic investments.

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What skills do you think are essential for success in the Scientific Innovation and Strategic Investments Intern role?

Discuss skills such as strategic thinking, analytical capabilities, effective communication, and teamwork. Emphasize how these competencies will enable you to contribute positively to MLSC's mission and objectives.

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The Massachusetts Life Sciences Center (MLSC) is an economic development investment agency dedicated to supporting the growth and development of the life sciences in Massachusetts, home to the most verdant and productive life sciences ecosystem in...

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Internship, on-site
DATE POSTED
November 29, 2024

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