
Mary MacCarthy, MBA
HR Associate

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About me
Advising high tech entrepreneurs especially in raising capital | Director at Jazz Ventures LLC | Fractional CEO | University Instructor | Board Member | Co-host of “Patient Innovations” podcast
Education

Woodbury Senior High School
-
St Paul Chamber of Commerce
2022 - 2022Leadership Saint Paul Class of 2022- the best class ever!Graduated from program in November 2022

University of St. Thomas - Opus College of Business
-Master of Business Administration - MBA International Business
University of Minnesota
2022 - 2022Completed Certificate in Diversity, Equity and Inclusion - December 15, 2022

University of Wisconsin-Eau Claire
-BA Psychology and Business
University of California, Berkeley - School of Law
2023 - 2023VC University certificate program Venture capital
Experience

Minnesota Public Radio
Jan 1987 - Jan 1988HR AssociateHR generalist responsibilities including recruiting, hiring, benefits administration, new employee orientation and crisis management.

3M
Jan 1990 - Jul 1996Various positions of increasing responsibilityPurchasing and Package Engineering, Customer Service, Warehousing and Fulfillment, IT, Sales

Imation
Jul 1996 - Oct 2001Strategic Marketing ManagerLed global product marketing for new and legacy data storage products to small- and medium-sized business customers, sold through business-to-business and business-to-consumer channels. Successfully commercialized many new products based on new technologies and product extensions.

Medtronic
Jun 2004 - Jun 2011Promoted to champion a CardioVascular-wide continuous quality improvement program called Customer Focus which surveyed physicians and hospital administrators on their perceptions of our corporate reputation and product, service and relationship quality vs competition. Lead teams to analyze, prioritize opportunities and action plan to improve perceptions. Manage employee award program. Recognition received during Medtronic career: Nominated for Star of Excellence award five times, won Summer Associate Supervisor of the Year Award and won Core Behaviors Award. Show less
Senior Program Marketing Manager, Cardiac and Vascular Group
Jun 2010 - Jun 2011Senior Marketing Research Manager
May 2007 - Jun 2010Market Development Manager
Dec 2004 - May 2007Market Development Specialist
Jun 2004 - Dec 2004

Strategy by Process, LLC
May 2011 - nowFounder and CEOFractional CEO and consultant to startups to assist in fund raising and growth with a focus on equity and belonging. - Fractional CEO with an imaging startup- Paid and pro bono consultant to 20+ high potential biotech and medical device startups and venture capital funds- Director of Life Sciences at Jazz Ventures LLC- National Icorps mentor to two teams in 2025- Leader for the NASA Inclusive Innovator Mashup Lab with Brown Venture Group August 2023-March 2024- Host "Patient Innovations" podcast with Rashmi Kandwal for HealthcareMN- Leading the Healthcare Angel Investor Cohort for Groove Capital and GreaterMSP in Fall 2024- Co-author of Fund your Idea chapter of the "Medical Device Innovation Handbook", edition 9.1- Co-teach an organizational behavior class at the University of St. Thomas in Fall 2024- Managed an eight month long market research project for Medtronic CRDM- Conducted a new technology platform competitive intelligence project for Medtronic Neuro- Wrote the strategic marketing plan for a mid-sized global company- Completed a market development project for a large medical device company- Updated a full marketing curriculum and conducted training for an MRI equipment manufacturer in Boston- Built awareness for a competitive wargaming consulting agency, Competitive Simulations Inc. - Published an article in MedCity News, "Perfecting the fundraising pitch" - Certified WBENC Women's Business Enterprise (WBE) Show less

Abbott
Feb 2013 - Dec 2014Senior Marketing ManagerLeading various strategic responsibilities including strategic marketing planning, market modeling, market research, market insights plus supporting sales and marketing optimization. Contribute to new product development and corporate development teams.

Glorious Hugs LLC
Jan 2015 - Dec 2017Founder and CEOConceived and launched a CPG startup targeting alleviating loneliness among the elderly. Secured registered trademark. Earned over 20 media stories locally and nationally. Competed in the MN Cup. Put the business on pause to consider strategic options.

Fathom Consulting, formerly Evantage Consulting
Jun 2016 - Apr 2017Independent Consultant at 3M Health CareProgram Manager in the Health Care Business Group Regulatory Compliance and Quality Management Systems department. Implemented new complaints systems and processes at over 55 manufacturing sites and developed and started executing a project plan for transitioning to ISO13485:2016.

University of Minnesota
Apr 2018 - Dec 2023Venture Center Senior Program ManagerAssess and advise healthcare startups based on Regent-owned intellectual property from University innovators. Design and build programs including the Discovery Launchpad incubator, researcher and entrepreneur educational seminars, Minnesota Ventures investor events (3x/year) and Walleye Tank pitch competitions (2x/year) which are co-produced with Mayo Clinic. Lead the Venture Center Business Advisory Group. Build our network of global investors and manage the U's seed stage equity investment program, Discovery Capital and its Investment Advisory Board. Market our office to internal and external audiences. Manage six MBA and undergrad interns. Co-lead a diversity and inclusion team and initiatives to improve innovator equity. Served 3 year term on the University Senate. Serve on several Boards of Directors and advisory boards. Show less

Anatomic Incorporated
Mar 2020 - Mar 2024Director Board Of DirectorsBoard Observer for the University of Minnesota. Anatomic Incorporated is the world-leader in efficient production of sensory neurons from human pluripotent stem cells.

Center for Economic Inclusion
Aug 2022 - Aug 2024Advisory Board Member for Project VanguardThe Project Vanguard Advisory committee provides critical lived experience and market insights to support Project Vanguard and the ecosystem to accelerate wealth creation opportunities for Black- and Latina-women-owned businesses. By bringing together experts across the current ecosystem including business acquisition, procurement, local entrepreneurs, fund development and business development, we will be able to map the current reality and identify key leverage points. The committee will come to better understand the ecosystem in which we all operate and how we can act on our shared commitment to create an accelerated pathway of support for Black and Latina women entrepreneurs. Show less

University of Minnesota
Aug 2024 - Dec 2024Co-Director, How to launch a biotech startupCo-director of the University of Minnesota's very first biotech startup course which is under the Medical school.

University of St. Thomas
Sept 2024 - Dec 2024Adjunct FacultyTeaching organizational behavior

Gametime Hero
Oct 2024 - nowAdvisorBoard of Advisors for this sportstech startup

LITLab
Mar 2025 - nowAdvisorBoard of Advisors for this healthcare medical education solution
Licenses & Certifications

Equity Certificate Hosted Online
University of MinnesotaDec 2022
VC University
VC UniversityFeb 2024
Honors & Awards
- Awarded to Mary MacCarthy, MBAUniversity of St. Thomas "Five Alumni You Should Know" list University of St. Thomas Feb 2016
Volunteer Experience
Former Founding Chair of the Board, now Board Member
Issued by RoundtableRx on Nov 2020
Associated with Mary MacCarthy, MBAVice Chair of the Board of Directors
Issued by HealthcareMN on Aug 2023
Associated with Mary MacCarthy, MBAAdvisory Board Member
Issued by Let's Talk Women on Oct 2023
Associated with Mary MacCarthy, MBAVolunteer Business Plan Competition Judge and Grants Reviewer
Issued by Various on Jan 2017
Associated with Mary MacCarthy, MBABoard Member
Issued by MNSBIR, Inc. on May 2022
Associated with Mary MacCarthy, MBALeadership Council member
Issued by Forge North on May 2023
Associated with Mary MacCarthy, MBAMember Board Of Directors of the Foundation
Issued by Century College - Company on Sept 2017
Associated with Mary MacCarthy, MBAMember Board Of Directors
Issued by Little Brothers - Friends of the Elderly/Minneapolis-St. Paul Chapter on Apr 2016
Associated with Mary MacCarthy, MBAFinance Committee, Chair, Vice Chair, Member
Issued by City of Mahtomedi, Minnesota on Jun 2004
Associated with Mary MacCarthy, MBAHead Soccer Coach
Issued by MAHTOMEDI SOCCER ASSOCIATION on Apr 2002
Associated with Mary MacCarthy, MBA
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