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Portal Innovations · 18 hours ago

Business Development Associate

Chicago, IL

Full-time

Onsite

Entry, Mid Level

$60K/yr - $70K/yr

2+ years exp

Portal Innovations is a biotech venture development engine focused on early-stage life science enterprises. They are seeking a driven and dynamic Business Development Associate to generate new business and revenue, particularly in their Chicago locations and for a new virtual membership offering.

Biotechnology

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

Qualification

Business developmentStrategic partnershipsMarket researchSales experienceProject managementCommunication skillsInterpersonal skillsTeamworkFlexibilityAdaptability

Required

Bachelor's Degree in a related field

2+ years of relevant experience in business development, strategic partnerships, or sales

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

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

Preferred

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

Benefits

Excellent Medical, Dental and Vision

Life and Disability Benefits

Flexible PTO Policy

Generous Parental Leave

401K Program

In Office Perks

Company

Portal Innovations

Portal Innovations is a premier venture development engine that bridges scientific ideation in life sciences, medtech, and bioinformatics through commercial proof of concept by delivering seed capital, specialized equipment, lab space, and management expertise to high-potential early stage companies.

Founded in 2020

Chicago, Illinois, USA

11-50 employees