Venture Fund Portfolio Management Coordinator (Part-Time)

The Maryland Technology Development Corporation d/b/a TEDCO was established by the Maryland General Assembly in 1998, to help early-stage technology and life sciences companies throughout Maryland grow and thrive. TEDCO helps establish connections, identifies funding, and provides support to help identify and cultivate new businesses. TEDCO brings innovation to market.

TEDCO's Investment Team is seeking a highly motivated and detail-oriented part-time employee to work closely with our Portfolio Manager. We anticipate a schedule of no more than 20 hours per week. This role offers a unique opportunity to gain hands-on experience in venture capital portfolio management, working with a diverse set of companies and utilizing industry-leading software platforms. This role will be responsible for monitoring portfolio company performance, creating insightful reports, and maintaining data integrity within our CRM (Salesforce) and portfolio monitoring system (Aumni).

Responsibilities:

• Portfolio Monitoring:

• Track key performance indicators (KPIs) for portfolio companies, including revenue growth, customer acquisition cost, burn rate, and cash runway.

• Monitor news and developments related to portfolio companies and their industries.

• Assist in the preparation of quarterly portfolio review materials.

• Data Management:

• Maintain accurate and up-to-date data in Salesforce, including contact information, deal details, and investment terms.

• Extract, transform, and load data from various sources into Aumni, ensuring data integrity and consistency.

• Develop and maintain data validation rules to ensure data quality.

• Reporting and Analysis:

• Create and maintain dashboards in Salesforce and Aumni to track portfolio performance and identify trends.

• Develop customized reports to support investment decision-making and investor reporting.

• Conduct ad-hoc analyses to answer specific questions about the portfolio.

• Research and Support:

• Conduct research on industry trends, competitive landscapes, and potential investment opportunities.

• Assist the Portfolio Manager with various administrative tasks as needed.

• Assist with automating some of the reporting.

• Other: Support the team with ad-hoc projects as needed.

Qualifications:

• Bachelor's or Master's degree in Finance, Business Administration, Economics, Computer Science, or a related field.
• Strong analytical and quantitative skills.
• Excellent attention to detail and accuracy.
• Proficiency in Microsoft Excel (advanced skills preferred).
• Experience with CRM systems (Salesforce preferred) and data visualization tools (Tableau, Power BI).
• Familiarity with financial statements and key financial metrics.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Passion for venture capital and technology.
• Familiarity with Aumni or similar portfolio-monitoring platforms, a plus.

Monthly Deliverables:

• Updated portfolio company KPI tracking sheets.
• Validated and accurate data in Salesforce and Aumni.
• Completed ad-hoc research assignments.
• Draft of monthly portfolio performance report.

Key Performance Indicators (KPIs) for the Intern:

• Data Accuracy Rate: Percentage of data entered into Salesforce and Aumni that is accurate and complete. Target: >98%
• Report Completion Rate: Percentage of scheduled reports completed on time and to the required specifications. Target: 100%
• Time Savings in Report Automation: Number of hours saved per month due to report automation efforts. Target: Increase time savings by X hours/month.
• Feedback Score from Portfolio Manager: A score (e.g., 1-5) based on the Portfolio Manager's satisfaction with the intern's work quality, reliability, and proactiveness. Target: >4

Benefits:

• Hands-on experience in venture capital portfolio management.
• Opportunity to work with a diverse set of companies.
• Exposure to industry-leading software platforms (Salesforce and Aumni).
• Mentorship from experienced investment professionals.
• Competitive hourly wage.
• Potential for future employment opportunities.

The hourly rate of pay for this position is $25.00 an hour.

TEDCO is committed to non-discriminatory hiring processes and is an equal opportunity employer. Hiring decisions are based on merit and without regard to race, ethnicity, religion, gender, sexual orientation, gender identity, marital status, disability, or any characteristic protected by law.