Founder's Associate - Business Development Intern (Remote)
About the Role
We are looking for a Founder's Associate / Business Development Intern to join our innovative team at Oral Care Solutions. This is a unique opportunity to work remotely and gain hands-on experience in the healthtech sector, specifically focusing on chronic dry mouth (xerostomia). As a Founder's Associate, you will play a crucial role in supporting our founders across various strategic initiatives, making this a valuable experience for anyone looking to enter the MedTech field.
What You'll Do
- Act as a force multiplier for the founders, assisting in strategy development, market intelligence, fundraising, and operations.
- Analyze the xerostomia/oral care market across key segments to identify opportunities and threats.
- Map competitors and adjacent solutions to inform our market entry strategy.
- Support the development of our launch strategy for a novel oral gel designed to provide long-lasting relief for patients.
- Build and maintain a structured pipeline of clinics and distribution partners to facilitate product launch.
- Research pricing benchmarks and market access pathways to optimize our go-to-market strategy.
- Build and refine an investor longlist with a strong MedTech fit to attract potential funding.
- Contribute to the pitch deck and data room, assisting in due diligence and term sheet analysis.
- Potentially support ad-hoc projects in operations as needed.
Requirements
- High-performing student in Business/Management, Economics, Health Economics, Life Sciences, Medicine, Pharmacy, or a related field.
- Strong analytical skills and structured thinking are essential for this role.
- Very good PowerPoint and Excel skills are required to create presentations and analyze data.
- Curiosity and confidence in using AI tools to enhance productivity and insights.
- Fluency in English is a must; proficiency in German is a strong plus.
- Ideally, you should have some experience in strategy consulting or a startup environment.
- A proactive, hands-on mindset with ownership and flexibility is crucial for success.
- A genuine interest in health, science, or MedTech will help you thrive in this role.
Nice to Have
- Previous internship experience in a related field.
- Familiarity with market research methodologies.
- Experience in project management or coordination.
What We Offer
- A steep learning curve and direct exposure to building a MedTech venture.
- Close collaboration with the founders, providing mentorship and guidance.
- A dynamic, ambitious environment at the intersection of medicine, technology, and business.
- A potential pathway to a permanent role at Balmo for high performers.
This internship offers a unique opportunity to gain hands-on experience in the healthtech sector while working closely with founders. Ideal for students interested in MedTech.
Who Will Succeed Here
Proficient in using AI tools such as ChatGPT or Google AI for market research, enabling the ability to quickly analyze data trends and consumer behavior in the healthtech industry.
Self-motivated and detail-oriented, with strong organizational skills to manage multiple projects remotely, ensuring timely completion of tasks while adapting to the dynamic needs of the founders.
Analytical mindset with a solid understanding of Excel for data manipulation and PowerPoint for creating compelling presentations, essential for conveying insights on chronic dry mouth and market opportunities.
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