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Business Development Executive Jobs in Silver Spring, MD

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Business Development Executive information

See Silver Spring, MD salary details

$36.2K

$96.3K

$204.2K

How much do business development executive jobs pay per year?

As of Sep 6, 2026, the average yearly pay for business development executive in Silver Spring, MD is $96,307.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,100.00 and $103,400.00 per year, depending on experience, location, and employer.

What is a business development executive?

A business development executive is responsible for developing growth in the company through increased sales and customer acquisition. Your job duties as a business development executive are to generate sales leads, contact potential clients, and nurture existing customer relationships. You also promote products and services, represent the company at networking events and conferences, travel to events and meetings with key clients, conduct online research via social media platforms to discover leads and new target markets, and help plan and oversee marketing and advertising initiatives. This career requires excellent sales, management, and interpersonal skills.

What are the key skills and qualifications needed to thrive as a business development executive?

To thrive as a Business Development Executive, you need strong sales acumen, market research abilities, and a bachelor's degree in business or a related field. Familiarity with CRM software, lead generation tools, and data analysis platforms is typically required. Outstanding communication, negotiation, and relationship-building skills help set top performers apart in this role. These competencies are crucial for identifying growth opportunities, securing new clients, and driving sustained business success.

What are some common challenges faced by business development executives when entering new markets, and how can they be addressed?

Business Development Executives often face challenges such as understanding unfamiliar market dynamics, building trust with local clients, and navigating regulatory requirements when entering new markets. To address these, it's important to conduct thorough market research, leverage local partnerships, and stay informed about legal and cultural considerations. Collaborating closely with cross-functional teams—such as marketing, legal, and product development—also helps ensure a smooth market entry and long-term success.

What is the difference between Business Development Executive vs Sales Executive?

AspectBusiness Development ExecutiveSales Executive
Primary FocusIdentifying new business opportunities and strategic partnershipsClosing sales and achieving sales targets
ResponsibilitiesMarket research, lead generation, relationship buildingProduct presentations, negotiations, client follow-up
Required SkillsCommunication, networking, strategic thinkingPersuasion, product knowledge, negotiation
Work EnvironmentClient meetings, market analysis, strategic planningSales pitches, client meetings, CRM management

While both roles aim to increase revenue, a Business Development Executive focuses on creating long-term growth opportunities, whereas a Sales Executive concentrates on closing individual sales. Understanding these differences helps in choosing the right career path or hiring the appropriate professional.

What is the average salary of a business development executive?

The average salary of a business development executive in the US is approximately $70,000 to $90,000 per year, depending on experience, location, and industry. Entry-level roles may start lower, while experienced professionals with strong sales skills and industry knowledge can earn higher compensation, often supplemented with commissions or bonuses.

What work does a business development executive do?

A business development executive is responsible for identifying new business opportunities, building relationships with potential clients, and promoting the company's products or services. They often conduct market research, develop sales strategies, and negotiate deals to increase revenue and expand the company's market presence.
More about Business Development Executive jobs

What are the most commonly searched types of Business Development jobs in Silver Spring, MD?

The most popular types of Business Development jobs in Silver Spring, MD are:

What job categories do people searching Business Development Executive jobs in Silver Spring, MD look for?

The top searched job categories for Business Development Executive jobs in Silver Spring, MD are:

What cities near Silver Spring, MD are hiring for Business Development Executive jobs?

Cities near Silver Spring, MD with the most Business Development Executive job openings:

Business Development Executive jobs near you
Infographic showing various Business Development Executive job openings in Silver Spring, MD as of August 2026, with employment types broken down into 79% Full Time, 19% Part Time, and 2% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $96,307 per year, or $46.3 per hour.

Business Development Executive - DHS

Ryde Technologies, LLC

Washington, DC • On-site

Full-time

Re-posted 9 days ago

Job description

We are seeking a Business Development Executive to support our DHS efforts in the Washington DC area. Please see below for the job description and desired qualifications;

Overview: The ideal candidate will possess a combination of proven experience with Tribal 8a or Alaskan Native Corporation direct award process and the Shipley-based competitive bidding process. The successful candidate deeply understands the government contracting landscape, has a proven track record of winning contracts through competitive bidding processes and 8a direct awards, and has a strategic mindset to identify and pursue new business opportunities.

Responsibilities:

  • Identify channels to markets through existing relationships and/or traditional methods of growing and shaping a pipeline.

    Develop and implement comprehensive business development strategies to drive growth

  • Cultivate relationships with key stakeholders in government agencies, prime contractors, and industry partners to identify potential business opportunities

  • Collaborate with cross-functional teams to develop compelling proposals that address client needs and differentiate our from competitors

  • Conduct market research and competitive analysis to identify emerging trends, potential competitors, and areas for differentiation

  • Drive revenue growth by achieving submit and win targets and expanding our portfolio of government contracts and new market areas

  • Represent the company at industry events, conferences, and networking forums to promote our capabilities and establish thought leadership

  • Stay abreast of regulatory changes, policy updates, and government initiatives that may impact the government contracting landscape

  • Provide regular updates on business development activities, pipeline status, and revenue forecasts to senior management

    Qualifications:

  • 10 years of experience in the Business Development arena.
  • Proven track record of wins in business development within the government contracting sector via 8a direct awards as well as competitive competition.
  • In-depth knowledge of federal acquisition regulations (FAR) and government procurement processes.
  • In-depth knowledge of the Shipley based capture/proposal model.
  • Strong network of contacts within government agencies, prime contractors, and industry associations.
  • Exceptional communication, negotiation, and presentation skills.
  • Strategic thinker with the ability to analyze market trends, identify opportunities, and develop actionable plans to capitalize on them.
  • Self-motivated, results-oriented, and able to thrive in a fast-paced, dynamic environment.
  • Proficiency in Microsoft Office Suite and CRM software.
  • U.S. citizenship and ability to obtain and maintain a security clearance (if required).
  • Ability to acquire a Top Secret clearance.

Apply