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How much do venture development jobs pay per year?

As of Jun 4, 2026, the average yearly pay for venture development in the United States is $53,418.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,500.00 and $60,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in Venture Development, and why are they important?

To thrive in Venture Development, you need strong analytical abilities, business acumen, and experience in entrepreneurship or startup environments, often supported by a background in business, finance, or related fields. Familiarity with market research tools, financial modeling software, and pitch deck creation platforms is commonly required. Excellent communication, adaptability, and networking skills set top performers apart in this role. These competencies are vital for identifying opportunities, securing funding, and driving the growth and success of new ventures.

What are some common challenges faced by professionals in venture development, and how can they be navigated successfully?

Professionals in venture development often face challenges such as navigating ambiguity, rapidly changing market conditions, and balancing multiple stakeholder expectations. To overcome these, it's important to maintain strong communication with cross-functional teams, stay agile in project management, and continuously validate business assumptions with data. Building a resilient mindset and seeking mentorship from experienced entrepreneurs can also help in managing setbacks and driving ventures forward effectively.

What is venture development?

Venture development refers to the process of building and scaling new businesses, typically startups, from the ground up. It involves identifying innovative ideas, conducting market research, developing business models, securing funding, and guiding the company through early growth stages. Venture development professionals work closely with entrepreneurs and investors to turn concepts into viable, high-growth businesses. This field is common in startup incubators, accelerators, and corporate innovation teams.

What is the difference between Venture Development vs Business Development?

AspectVenture DevelopmentBusiness Development
Primary FocusCreating and scaling new ventures or startupsExpanding existing business opportunities and partnerships
Skills & CredentialsEntrepreneurship, innovation, startup funding, market analysisSales, client relations, strategic partnerships, negotiation
Work EnvironmentStartups, incubators, venture capital firmsCorporate offices, sales teams, client-facing roles
Industry UsageVenture capital, startup ecosystems, innovation hubsCorporate growth, sales departments, strategic planning

Venture Development focuses on building and launching new ventures, often within startup or innovation environments, requiring entrepreneurial skills. Business Development centers on expanding existing business relationships and revenue streams. While both roles involve strategic growth, Venture Development is more startup-oriented, whereas Business Development is more about scaling established companies.

More about Venture Development jobs
What states have the most Venture Development jobs? States with the most job openings for Venture Development jobs include:
What job categories do people searching Venture Development jobs look for? The top searched job categories for Venture Development jobs are:
Venture Development jobs near you
Infographic showing various Venture Development job openings in the United States as of May 2026, with employment types broken down into 33% Full Time, and 67% Part Time. Highlights an 100% In-person job distribution, with an average salary of $53,418 per year, or $25.7 per hour.

Associate Director - Technology Ventures

Northeastern University

Boston, MA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted yesterday

Job description

About the Opportunity
JOB SUMMARY
The primary responsibility of the role of Associate Director of Tech Ventures is to identify and nurture promising technologies and teams ripe for commercialization through new venture creation. This individual will lead efforts to commercialize Northeastern inventions by supporting new venture creation, managing a dynamic portfolio of spinouts, and developing programming to support entrepreneurial activities.
The ideal candidate will demonstrate strong leadership capabilities with experience in translating scientific ideas to impact, fostering entrepreneurial mindsets, and developing actionable venture creation roadmaps. They must possess excellent communication skills to engage effectively with a diverse range of stakeholders, from university inventors to industry leaders and investors. This role requires a strategic thinker with the ability to identify opportunities, drive initiatives forward, and maintain the highest level of professionalism and confidentiality in all interactions.
This position will contribute to the Center for Research Innovation's mission to increase real-world impact through successful commercialization of Northeastern inventions, positioning the university as a leader in technology transfer and venture creation.
This is a fixed-term, benefits eligible role expected to run one year from the start date of the finalist. The role may be extended depending on The Center for Research Innovation (CRI) or Northeastern University's business needs.
Minimum Qualifications
  • Advanced degree in a related field (e.g., PhD, MBA) with significant experience in technology transfer, research translation, entrepreneurship, science industry, or related areas
  • Strong leadership skills with demonstrated experience in cross-team collaboration, optimization of resource utilization, and venture creation required
  • Excellent communication skills with the ability to engage effectively with a diverse range of stakeholders including researchers, entrepreneurs, investors, and industry partners
  • Must be a strategic thinker with proven ability to identify opportunities and drive initiatives forward while maintaining attention to operational details
  • Experience in managing portfolios, conducting market analysis, and understanding commercialization pathways preferred
  • Knowledge of university technology transfer processes and entrepreneurial ecosystems highly valued

Key Responsibilities & Accountabilities
1. Portfolio Management & Strategic Analysis (35%)
  • Oversee the strategic management of a portfolio of spinouts, ensuring alignment with industry trends and investment opportunities
  • Conduct market analysis to identify commercialization pathways and strategic industry positioning for spinouts
  • Develop strategic recommendations for portfolio companies and new venture opportunities
  • Monitor spinout progress and ensure optimal positioning for commercial success, including milestone progress management pre and post license
  • Support development of investable business plans and identify funding opportunities for research-based ventures

2. Faculty Education & Researcher Engagement (20%)
  • Cultivate relationships with Northeastern inventors to deeply understand the technical and business potential of each spinout
  • Build a robust pipeline for faculty that will educate them on commercialization, venture creation, and available internal and external resources for supporting technology spinouts
  • Provide coaching and mentoring to researchers on venture formation and business development processes, including connecting Northeastern inventors with subject matter experts, advisors, and potential management team members to assist with venture creation and development

3. Program Development & Ecosystem Integration (15%)
  • Design and implement initiatives and programs that provide unique resources and support to Northeastern's academic entrepreneurial community, while complementing existing support structures
  • Create best practices and standardized approaches for venture development support
  • Collaborate with Advancement on working toward a long-term, sustainable fundraising strategy

4. Data Management & Reporting (15%)
  • Ensure all key information is assembled and captured in the central CRI database for reporting purposes
  • Collect and distribute data measuring successes for marketing and communications purposes across the entrepreneurial ecosystem
  • Build creative assets demonstrating impact and success for engagement, reporting, and fundraising use
  • Manage all spinout marketing materials, including but not limited to creative assets and content for social media, the CRI website, and the CRI spinouts newsletter

5. Talent Network Development & Stakeholder Engagement (15%)
  • Build and maintain a talent pipeline and network of subject matter experts, advisors, and potential management team members for spinout companies
  • Engage with industry leaders and investors to facilitate resources and funding opportunities for spinouts
  • Facilitate collaborations at the organization level to build long-term relationships and resources
  • Represent the Center for Research Innovation at conferences, networking events, and in discussions with potential collaborators

Position Type
Research
Additional Information
Northeastern University considers factors such as candidate work experience, education and skills when extending an offer.
Northeastern has a comprehensive benefits package for benefit eligible employees. This includes medical, vision, dental, paid time off, tuition assistance, wellness & life, retirement- as well as commuting & transportation. Visit https://hr.northeastern.edu/benefits/ for more information.
All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, religion, color, national origin, age, sex, sexual orientation, disability status, or any other characteristic protected by applicable law.
Compensation Grade/Pay Type:
110S
Expected Hiring Range:
$76,335.00 - $107,823.75
With the pay range(s) shown above, the starting salary will depend on several factors, which may include your education, experience, location, knowledge and expertise, and skills as well as a pay comparison to similarly-situated employees already in the role. Salary ranges are reviewed regularly and are subject to change.

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