1

New Ventures Jobs (NOW HIRING)

As a New Ventures Principal, you will back exceptional founders at the earliest stage-often before an idea is fully formed-providing first institutional capital and an unmatched degree of strategic ...

About this role* (responsibilities) We're looking for a Design Engineer to join our New Ventures team-someone who lives at the intersection of design and code. You'll design, prototype, and ship the ...

next page

Showing results 1-20

New Ventures information

See salary details

$10

$18

$24

How much do new ventures jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for new ventures in the United States is $18.19, according to ZipRecruiter salary data. Most workers in this role earn between $16.11 and $19.47 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in a new ventures role, and why are they important?

To thrive in a New Ventures role, you need strong business acumen, market research abilities, and experience in entrepreneurship or innovation, often supported by a degree in business or a related field. Familiarity with startup methodologies, financial modeling tools, and project management systems like Lean Startup or Agile is typically required. Creative problem-solving, resilience, and effective communication are standout soft skills for this position. These skills and qualities are crucial for identifying opportunities, mitigating risks, and successfully launching or scaling new business initiatives.

What are the typical challenges faced by professionals in a new ventures role, and how can they be addressed?

Professionals in New Ventures often encounter challenges such as navigating ambiguity, rapidly validating business ideas, and securing stakeholder buy-in for innovative projects. Success in this role requires adaptability, strong communication skills, and a willingness to iterate quickly based on feedback and market data. Building cross-functional relationships and leveraging diverse perspectives within the organization can help address these challenges and drive new initiatives forward effectively.

What is a new venture?

New Ventures typically refer to the creation and development of new business initiatives, often within an existing company (corporate new ventures) or as independent startups. These roles focus on identifying innovative market opportunities, developing new products or services, and driving growth through entrepreneurial activities. Individuals working in New Ventures are responsible for business model innovation, market validation, and scaling new ideas from concept to launch. The goal is to create sustainable sources of revenue and competitive advantage by exploring uncharted areas or disruptive solutions.

What is the difference between New Ventures vs Business Development?

AspectNew VenturesBusiness Development
Primary FocusIdentifying and launching new business opportunities and startupsGrowing existing business relationships and expanding market reach
Required SkillsMarket research, startup strategy, innovationSales, client relations, strategic partnerships
Work EnvironmentStartups, innovation labs, corporate innovation teamsCorporate offices, client sites, sales environments
Common UsageCompanies exploring new markets or productsCompanies expanding current operations or client base

While both roles involve growth strategies, New Ventures focuses on creating and launching new business initiatives, often in startup or innovation settings. Business Development centers on expanding existing business relationships and markets. Understanding these differences helps clarify career paths and organizational roles in growth strategies.

More about New Ventures jobs
What cities are hiring for New Ventures jobs? Cities with the most New Ventures job openings:
What states have the most New Ventures jobs? States with the most job openings for New Ventures jobs include:
What job categories do people searching New Ventures jobs look for? The top searched job categories for New Ventures jobs are:
Infographic showing various New Ventures job openings in the United States as of August 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 82% Physical, 6% Hybrid, and 12% Remote job distribution, with an average salary of $37,827 per year, or $18.2 per hour.

Senior Manager, New Ventures

Altria Group, Inc.

Richmond, VA • On-site

Full-time

Posted 27 days ago


Altria Group rating

9.4

Company rating: 9.4 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

Job Title: Senior Manager, New Ventures
Req Id: 3038
Work Model: Hybrid
Company: 6601 Ventures LLC
State/Province: Virginia
Job Description:
Together We Innovate. Together We Change.
Interested in helping shape where a business invests, grows, and creates value? If you have experience evaluating opportunities, building business cases, and using strategic and financial insights to guide investment decisions, this role offers the opportunity to influence growth strategies, portfolio priorities and long-term business direction.
We are actively recruiting for a Senior Manager, New Ventures, to join our team in Richmond, VA.
The Senior Manager, New Ventures, plays a key role in shaping the future growth of the business by identifying, evaluating, and advancing emerging consumer products and business opportunities. This role leads portfolio strategy development, opportunity evaluation, business case development, and long-range planning to support strategic growth and long-term value creation. Ideal candidates bring experience in strategy, corporate development, corporate venture capital, management consulting, or related growth-focused roles within the consumer products industry.
In This Role, You Will:
  • Lead the development of portfolio strategies that expand the business into emerging product categories, markets, and growth opportunities.
  • Identify and recommend opportunities to build a portfolio of emerging consumer products that support growth and long-term value creation.
  • Develop business cases and strategic recommendations that inform portfolio priorities, investment decisions, and business direction.
  • Lead financial analysis and modeling to evaluate opportunities, inform portfolio prioritization, and guide investment decisions and resource allocation.
  • Partner with cross-functional teams to advance portfolio opportunities across build, partner, invest, and acquire pathways.
  • Lead annual and long-range planning processes that translate portfolio strategy into business priorities, resource needs, and growth objectives.
  • Influence senior leaders through data-driven insights, clear recommendations, and disciplined strategic thinking.

We want you to have:
  • Bachelor's degree in Business, Finance, Economics, or a related field; MBA or relevant graduate degree preferred.
  • 7+ years of relevant experience, including 3+ years in strategy, corporate development, corporate venture capital, management consulting, or related growth-focused roles within the consumer products industry.
  • Strong quantitative, analytical, and financial modeling skills, with the ability to synthesize complex information into clear conclusions and recommendations.
  • Strong project leadership skills, with the ability to manage multiple priorities, aggressive timelines, and cross-functional stakeholders.
  • Strong communication skills, with the ability to clearly articulate strategic investment rationales and recommendations to internal partners and senior leadership.
  • Advanced Microsoft Excel and PowerPoint skills.
  • Comfort operating in a fast-paced, dynamic environment with evolving priorities and ambiguity.
  • Self-starter who can work independently while effectively partnering across collaborative teams.
  • Demonstrated ability to lead through ambiguity, solve complex problems, and drive alignment and decision-making.

Altria is a Fortune 500 company that has a leading portfolio of products for U.S. adult tobacco and nicotine consumers 21+. For decades we've been leaders in the tobacco industry, but the industry is evolving - and so are we. Our Vision is Moving Beyond Smoking™.
At Altria, we celebrate the power of diverse teams working together to shape our future. Each Altria company is an equal opportunity employer. We are committed to providing individuals with criminal records, including formerly incarcerated individuals and individuals with conviction records, a fair chance at employment. Join us as we work together to shape a better future for adult tobacco consumers, our employees, and our shareholders.
Altria is the parent company of Philip Morris USA, John Middleton, U.S. Smokeless Tobacco, Helix Innovations, and NJOY. Altria complements its tobacco portfolio with equity investments in Anheuser-Busch InBev and Cronos Group.
Learn more about Altria at www.altria.com and follow us on LinkedIn.

What Altria Group employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom