Chief Growth Officer
Company: MassChallenge, Inc.
Location: Boston
Posted on: November 13, 2024
Job Description:
The Organization: MassChallengeThe Role: Chief Growth Officer
(CGO)Location: Boston, willing to travelReports to: Cait Brumme,
Chief Executive OfficerCompensation: Base $190,000-200,000 +
Performance Bonus + Sales/ Commission BonusMassChallenge is the
global network for innovators who are working to solve massive
challenges. We connect startups, experts, corporations, and
communities to grow and transform businesses and economies. Our
mission is BIG, and thus we are a team that gives 100% every
day.MassChallenge is currently seeking a Chief Growth Officer to
join our Leadership Team at our Boston-based office.The Chief
Growth Officer (CGO) will play a critical role in the executive
team, driving the execution of MassChallenge's MC 2030 vision
focused on funding. In this newly created role, the CGO will lead
initiatives to grow corporate partnerships, strengthen
philanthropic and grant funding, and secure new revenue streams.
The CGO will focus on acquiring, retaining, and expanding corporate
relationships while cultivating grant and philanthropic
opportunities. The ideal candidate is a high-urgency,
outcomes-oriented leader with a proven ability to build impactful
partnerships, scale revenue, and thrive in fast-paced,
mission-driven environments.Working closely with the leadership
team, the CGO will execute strategic plans to expand customer
segments and build sustainable revenue for our strategic
plan.LocationThis is a hybrid role based in Boston, requiring at
least two office days per week (typically Tuesday and Thursday) and
travel as needed.What You'll DoCorporate Partnerships & Revenue
Growth
- Develop and implement a growth strategy focused on acquiring
and retaining corporate partners in MC's industries like climate,
security/defense, healthcare, and financial services.
- Drive revenue generation through innovative partnership models
that align with MassChallenge's mission.
- Identify and secure strategic relationships with C-suite
executives (CIOs, CDOs) to drive new sponsorships, collaborations,
and programmatic engagements.
- Deepen existing partnerships, maximize renewal and upsell
opportunities, and explore new markets to drive revenue
growth.
- Lead a corporate partnerships team focused on long-term
retention and shared ownership of innovation initiatives with
partners.Grants & Philanthropy
- Develop and lead strategies to grow grant funding and
philanthropic support for MassChallenge's mission.
- Pursue new grant opportunities from foundations, governments,
and other organizations, ensuring strong alignment with
MassChallenge's goals.
- Cultivate key relationships with donors and grant-making
organizations, ensuring successful proposal submissions and grant
compliance.
- Manage the development team to achieve annual funding and
renewal objectives.
- Oversee pipeline development, revenue forecasting, and
reporting to the CEO and Board, ensuring transparency and
accuracy.
- Build and lead a high-performing growth, development, and
partnerships team, fostering a culture of urgency, collaboration,
and continuous improvement.
- Partner with Marketing, Program, and Operations teams to ensure
a unified approach to partnerships and revenue generation.Market
Expansion & Thought Leadership
- Develop strategies to expand MassChallenge offerings and
programs, positioning the organization as a key partner for
corporations and governments.
- Represent MassChallenge at industry events as a thought leader
in corporate innovation.Who You Are & What You Bring
- 10+ years in senior leadership roles (business development,
corporate partnerships, revenue growth) in high-growth
environments.
- Proven ability to secure and manage high-value corporate
partnerships and multimillion-dollar revenue initiatives.
- Experience in grant funding and donor relations.
- Strong business acumen, with a focus on urgency, results, and
revenue generation.
- Exceptional leadership, team-building, and communication
skills, with the ability to influence stakeholders and represent
MassChallenge externally.
- Experience managing revenue operations and consistently
exceeding targets.
- A proven doer; willing and able to think strategically and roll
up your sleeves.
- Fluent in Excel, Word, PowerPoint, Asana, and other key
tools.Who We AreMassChallenge is the global network for innovators
who are working to solve massive challenges. We connect startups,
experts, corporations, and communities to grow and transform
businesses and economies.Why You Should Join UsWe believe working
at MassChallenge is fulfilling because of the mission, challenging
because of the pace and work, and rewarding because you get to
build to the next step in your career here. When you join
MassChallenge you join an incredible team and network of innovators
and entrepreneurs, you take ownership over significant and
strategically important projects, you focus on impact and output,
and you help strengthen the global innovation ecosystem.Our Core
Values:
- Founder Mindset: Optimism, Tenacity, Love the Problem
- Connect & Collaborate: Empathy & Inclusion & Fun, Build
Community, Connect the Dots
- Progress over Perfection: Build on experience, Fail Fast,
Demonstrate TractionCompensationMassChallenge offers competitive
salaries, excellent benefits, and a supportive working environment.
Salary is based on a nonprofit scale and commensurate with skills
and experience. For this position, the base salary range is
$190,000-200,000 + Performance Bonus + Sales/ Commission
Bonus.MassChallenge is proud to be an Equal Opportunity Employer.
We seek individuals from a broad variety of backgrounds with
varying levels of experience who have a desire to do meaningful
work. We recruit, employ, train, compensate, and promote regardless
of race, color, gender, gender identity, religion, national origin,
ancestry, disability, age, veteran status, sexual orientation, or
any other characteristic protected by law.
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Keywords: MassChallenge, Inc., East Hartford , Chief Growth Officer, Executive , Boston, Connecticut
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