Help us lead higher education forward.

Seeking the Next CEO of UMGC Ventures

UMGC Ventures is an innovative business model for higher education that funds, develops and launches new innovative ventures that help higher education institutions compete more effectively in a rapidly changing market. UMGC Ventures is a 501(c) (3) supporting organization created by University of Maryland Global Campus (UMGC).

Since 2017, UMGC Ventures has successfully launched and managed two portfolio businesses: AccelerEd, a technology solutions provider that supports the digital transformation of learning experiences worldwide; and HelioCampus, a data and analytics business that went through a successful exit in 2020, and for which UMGC Ventures retains an equity investment.

UMGC Ventures supports higher education by responding to the needs of the market and creating innovative solutions. UMGC Ventures is also at an important pivot point in its evolution and is seeking a CEO to define and lead its next phase of opportunity and growth.

The Opportunity

The CEO of UMGC Ventures will have broad responsibility for the overall portfolio, including AccelerEd as a portfolio company. The priority focus will be on establishing new business and product opportunities to support future growth. The CEO of UMGC Ventures will partner closely with UMGC leadership, and others in the University System of Maryland network, to unite and align on a strategic direction that expands on the mission of the university. The ideal candidate in this role is an entrepreneur who has an extensive track record of creating and delivering on transformational initiatives. This individual has strong skills in higher education and across a range of disciplines—strategic planning, partnership engagement, growth outcomes, technology leadership and new program development and launch.

The CEO of UMGC Ventures is a dynamic leader, charged with identifying and supporting strategic and collaborative initiatives across the workforce, industry, education and innovation ecosystem. The primary responsibility of this role is to incubate and execute on new workforce strategies that will drive benefits for students and expand on the mission of the university, while also creating new commercial models for the university. The leader in this role is able to leverage the core capabilities that exist within portfolio product teams at AccelerEd and inside the university, with the goal of helping students reach their ambitions and meet labor demand. The ideal candidate will have a mix of startup, edtech, business and higher ed experience.

The UMGC Ventures CEO will have oversight of all finance, HR and business operations as well as the Portfolio President & CIO of AccelerEd.

This position reports to the Chairman of the Board of UMGC Ventures.

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Qualifications & Knowledge

Education & Experience
Knowledge, Skills & Abilities
Physical Requirements

This job operates in a professional environment including on-site and remotely.  The employee may be exposed to various components of an office environment such as florescent lighting, pollen, dust, recycled air, cooling fans, semi-enclosed areas, central heating, seasonal warmer temperatures and office noise.  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description indicates in general the nature and levels of work, knowledge, skills, abilities and other essential functions (as covered under the Americans with Disabilities Act) expected of an incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of an incumbent. An incumbent may be asked to perform other duties as required.

UMGC Ventures supports higher education institutions and corporate partners by providing innovative solutions that are student-centric, agile, and proven to improve performance. We are committed to enabling globally accessible, affordable and quality adult education.

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