Business Development Director

6 days ago


Hyattsville, Maryland, United States UMGC Ventures Full time
Business Development Director

The Business Development Director plays a pivotal role in driving the growth and expansion of UMGC Ventures' solutions in the higher education sector. This individual will collaborate with senior leaders to establish strategic relationships and partnerships that drive the consultative sale of our solutions.

Key Responsibilities:
  • Account Planning: Develop and implement detailed account plans to ensure revenue targets are met and sustained growth is achieved.
  • Customer Relationships: Build and nurture customer relationships to drive strategic initiatives across the organization.
  • C-Level Engagement: Establish strong connections with C-level executives by understanding their needs and demonstrating a commitment to delivering value.
  • Market Insights: Gain deep insights into each customer's technology environment, strategic growth objectives, technology strategies, and competitive landscape.
  • Sales Leadership: Lead account management, including relationship building, prospect profiling, and managing sales cycles.
  • Business Planning: Develop and present comprehensive business plans that address customer and prospect priorities and pain points.
  • Demand Generation: Focus on demand generation, pipeline development, and opportunity management.
  • Sales Process Oversight: Oversee the sales process through forecasting, resource allocation, account strategy, and planning.
  • RFP Process: Lead our RFP process to secure new contracts.
  • Product Enhancements: Be responsible for a prioritized list of easily implemented program and product enhancements that would win contracts and increase business.
Requirements:
  • Education & Experience: 10+ years of experience selling EdTech and/or SaaS/Cloud products and solutions to C-levels within enterprise accounts.
  • Domain Expertise: Previous experience selling to higher education institutions is preferred.
  • Transformational Selling: Proven success in transformational selling and strategy.
  • Team Collaboration: Proven experience working with internal teams to maximize selling opportunities.

Additional Requirements: Ability to manage complex sales cycles from start to finish with a proven track record in meeting and/or exceeding annual targets. Domain expertise in the Education industry is preferred. Ability to establish key relationships with C-levels. Entrepreneurial mindset. Experience working in a start-up setting is preferred. Ability to travel 60%.



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