Business Development Associate

Portal Innovations LLC•Chicago, IL

6d•$60 - $70•Onsite

About The Position

Portal Innovations is seeking a driven and dynamic Business Development Associate to join our team - based in Chicago to generate new business and revenue in our Chicago locations and for a new virtual membership offering.This is a great opportunity for someone who thrives in a startup environment and is passionate about the intersection of science, entrepreneurship, and innovation.By joining our team as a Business Development Associate, you will have the opportunity to make a significant impact on the advanced sciences industry and contribute to the success of groundbreaking startups. This is a FULL-TIME role. This role offers a dependable, ON-SITE routine from Monday through Friday. While we primarily stick to our standard business hours, our team does need to have flexibility and occasionally extends the day to meet the evolving needs of our growing business.

Requirements

Proven ability to prospect and develop new business, including building prospect lists and successfully transitioning prospects to clients
Experience in market research and analysis
Excellent communication and interpersonal skills
Proven experience building and managing relationships
Bachelor's Degree in a related field
2+ years of relevant experience in business development, strategic partnerships, or sales.
Ability to work as part of a team as well as independently
Strategic planning and project management abilities
Strong work ethic, organized and detail oriented; a closer
Flexibility and adaptability to grow as the role evolves
Must be eligible to work in the United States.

Nice To Haves

Experience working in or selling to the life sciences or other science industry a plus

Responsibilities

Lead the full business development process for our Portal location in Chicago—from sourcing and touring prospective member companies to negotiating terms and securing new memberships
Build strong, long-term relationships with current member companies, ensuring their needs are met while proactively identifying opportunities for contract renewals and space expansion
Take charge of identifying and managing a pipeline of potential member companies.
Take point on all Chicago membership deal negotiations, balancing member needs with Portal’s pricing and revenue goals
Grow membership revenue by identifying high-potential startups, developing tailored proposals, and guiding them through the close
Act as a key representative of Portal in the Chicago innovation community, engaging founders, VCs, researchers, and ecosystem partners to raise visibility and attract new business
Help shape, expand and close new Portal’s membership offerings, including flexible, non-traditional options that meet the evolving needs of early-stage innovators
Develop and close revenue-generating partnerships with pharma, tech, AI, universities, and other strategic players
Partner cross-functionally to hit revenue goals and drive business forward across the organization