ELITE Entrepreneurial Fellow

Benefits

Additional Information

University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Large Employers in 2023. Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play. The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more. Posted Job Title ELITE Entrepreneurial Fellow Job Profile Title Manager Research Project A Job Description Summary Wharton School Overview Founded in 1881 as the world's first collegiate business school, the Wharton School of the University of Pennsylvania is shaping the future of business by incubating ideas, driving insights, and creating leaders who change the world. With campuses in Philadelphia and San Francisco, Wharton has over 850 staff, a faculty population of more than 235 renowned professors, and 5,000 undergraduate, MBA, executive MBA, and doctoral students. Each year, 13,000 professionals worldwide advance their careers through Wharton Executive Education's individual, company-customized, and online programs. More than 104,000 Wharton alumni form a powerful global network of leaders who transform business every day. Wharton is home to a dynamic staff population representing a rich array of backgrounds, expertise, and cultures. To learn more, visit www.wharton.upenn.edu. Venture Lab, the student entrepreneurship center at the University of Pennsylvania, supports students, founders, and innovators across all twelve schools. Venture Lab delivers educational programming, resources, and flagship University-wide initiatives that fuel entrepreneurial success. The Emerging Leaders in Healthcare Innovation, Technology, and Entrepreneurship (ELITE) Fellowship is a one-year, full-time post-graduate commercialization fellowship jointly delivered by Venture Lab and Penn Health-Tech (PHT). ELITE Fellows serve as entrepreneurial leads for University-developed health technologies, working closely with Penn faculty innovators, Children's Hospital of Philadelphia (CHOP) investigators, industry partners, and investors. Fellows gain hands-on experience in healthcare innovation, technology development, commercialization strategy, and venture creation while contributing directly to advancing a Penn or CHOP health-tech project toward translation and market readiness. Job Description The ELITE Entrepreneurial Fellow serves as a key commercialization contributor within Penn's healthcare innovation ecosystem, advancing high-potential technologies developed across Penn and CHOP toward translation, licensing, or venture formation. As a core member of the ELITE Fellowship program, the Fellow drives the strategic, analytical, and operational work required to transform early-stage scientific or clinical discoveries into commercially viable solutions. Under the joint leadership of Venture Lab and Penn Health-Tech, the Fellow functions as the entrepreneurial lead for a vetted health-tech capstone project, a structured, real-world commercialization project assigned to each Fellow. In this role, the Fellow conducts market discovery, engages directly with clinicians and end users, assesses product and regulatory pathways, evaluates intellectual property considerations, and develops go-to-market strategies. Fellows collaborate closely with faculty innovators, project teams, and regulatory, IP, and industry advisors to de-risk technologies and build clear commercialization pathways. As entrepreneurial leads, Fellows exercise project leadership, including drafting and directing commercialization milestones, managing external consultants, and collaborating with faculty innovators and Penn Health-Tech leadership on key decisions. Beyond project work, the Fellow participates actively in Penn's broader health-tech community through monthly seminars, investor roundtables, workshops, and Venture Lab programming, and by engaging with external stakeholders such