Innovation Business Development Intern
- United States
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Job details
- Posting language
- English
- Posted
Original job description
As worldwide experts in filtration, MANN+HUMMEL develop solutions for vehicles, industrial applications, clean air inside vehicles and the sustainable use of water. With team spirit and an open culture of communication, we are continuously working towards achieving our vision of ‘leadership in filtration’. Become part of our team.
Role Summary
MANN+HUMMEL’s Innovation team is exploring new growth opportunities in MedTech and Pharma, building on the company’s strengths in filtration, separation, membranes, and contamination control. As a Business Development (New Ventures) intern, you will work with Innovation Project Managers and cross-functional teams to understand unfamiliar markets, test commercial hypotheses, and determine where new businesses could be created. This is an analytical, market-facing role focused on commercial opportunity evaluation, venture strategy, and new business creation. This position is open for U.S. workers at this time.
Main Tasks
Opportunity Identification & Market Assessment
- Investigate emerging markets, unmet customer needs, industry trends, and applications for filtration and separation technologies.
- Evaluate market attractiveness through segmentation, top-down and bottom-up market sizing, competitive analysis, and assessment of growth drivers and barriers.
- Identify relevant technologies, startups, strategic partners, and external capabilities that could enable new business opportunities.
Customer Discovery & Commercial Validation
- Help develop and test hypotheses about customer problems, value propositions, commercial demand, and product-market fit.
- Plan, conduct, and synthesize interviews with potential customers, industry experts, and other stakeholders, with guidance from the project team.
- Assess customer economics, purchasing decisions, willingness to pay, competing solutions, and critical barriers to adoption.
New Venture Strategy & Business-Case Development
- Evaluate business models, revenue opportunities, pricing approaches, unit economics, and potential go-to-market strategies.
- Build evidence-based commercial and financial assessments, using scenarios and sensitivities to make assumptions and uncertainty explicit.
- Explore potential commercialization paths, including internal development, partnerships, investments, or acquisitions, as appropriate.
- Take ownership of a defined opportunity assessment or project workstream and present findings, key risks, and recommended next steps to the team.
Your Profile
Required Qualifications
- Currently enrolled in a Master of Business Administration (MBA) program.
- Relevant professional experience involving market research, strategy, commercial assessment, business-case development, or comparable analytical work.
- Strong structured problem-solving skills and the ability to turn ambiguous business questions into practical analyses and recommendations.
- Ability to evaluate markets, competitive dynamics, customer needs, business models, and commercialization options.
- Sound quantitative skills, including market sizing, financial modeling, and scenario analysis; proficiency in Microsoft Excel and PowerPoint.
- Strong research, critical-thinking, and communication skills, including confidence engaging with industry experts and synthesizing complex information.
- Initiative, adaptability, and intellectual curiosity, with the ability to learn unfamiliar technologies and work independently with appropriate guidance.
Preferred Qualifications
- Experience in management or strategy consulting, commercial due diligence, corporate strategy, product strategy, or new business development.
- Exposure to MedTech, pharmaceuticals, life sciences, industrial technologies, or technology commercialization.
- Experience with customer discovery, primary research, startup evaluation, venture building, or new market entry projects.
What You Can Expect
Hands-on exposure to how new business opportunities are explored inside a global technology company, with the chance to work across commercial and technical teams, contribute original thinking, and influence recommendations on which opportunities should move forward.
Are you full of ideas? Are you keen to take on responsibility and really achieve something? Then our doors are open to you. This company lives out its values, gives people the freedom to use their own initiative, and offers many development exciting opportunities and many exciting projects – all of which awaits you here.