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Vp Business Development Jobs in Silver Spring, MD

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Vp Business Development information

See Silver Spring, MD salary details

$64.1K

$166K

$272.4K

How much do vp business development jobs pay per year?

As of Aug 8, 2026, the average yearly pay for vp business development in Silver Spring, MD is $166,015.00, according to ZipRecruiter salary data. Most workers in this role earn between $123,000.00 and $199,500.00 per year, depending on experience, location, and employer.

What is the difference between Vp Business Development vs Business Development Manager?

AspectVp Business DevelopmentBusiness Development Manager
ResponsibilitiesStrategic growth, high-level partnerships, revenue targetsIdentifying leads, client acquisition, sales support
Experience & CredentialsTypically 10+ years, leadership experience, industry knowledge3-7 years, sales or marketing background
Work EnvironmentExecutive meetings, strategic planning, cross-department collaborationClient meetings, sales presentations, team coordination
Industry UsageCommon in large organizations and corporationsWidespread across industries, especially in sales-driven sectors

The Vp Business Development focuses on high-level strategic growth and partnerships, often overseeing teams and setting company-wide expansion goals. In contrast, a Business Development Manager handles day-to-day client acquisition and sales activities. Both roles require strong industry knowledge, but the VP role involves more leadership and strategic planning, while the Manager role is more execution-focused.

What does a VP of business development make?

A VP of business development typically earns a salary ranging from $100,000 to $250,000 annually, with additional bonuses and incentives based on company performance. Compensation varies by industry, company size, and location, and senior roles may include stock options or profit sharing. The position requires strong leadership, strategic planning, and negotiation skills.

What does a VP of Business Development do?

A VP of Business Development is responsible for creating strategic partnerships, identifying new business opportunities, and driving company growth. They work closely with executive leadership to develop long-term business strategies and lead teams that pursue mergers, acquisitions, or market expansions. Their role often includes negotiating deals, managing key client relationships, and analyzing market trends to ensure the company stays competitive. Ultimately, they play a critical role in shaping the company's direction and achieving revenue targets.

What are some common challenges faced by a VP of Business Development when expanding into new markets?

A VP of Business Development often encounters challenges such as understanding local regulations, cultural differences, and competitive landscapes when entering new markets. Building trust with potential partners, navigating unfamiliar business practices, and ensuring alignment between cross-functional teams are also common hurdles. Success in this role requires strong strategic planning, adaptability, and effective communication to mitigate risks and capitalize on growth opportunities.

What are the key skills and qualifications needed to thrive as a VP of Business Development?

To thrive as a VP of Business Development, you need extensive experience in sales strategy, market analysis, and relationship management, often supported by a bachelor's or master's degree in business or a related field. Familiarity with CRM platforms like Salesforce, contract management tools, and business analytics software is typically required. Strong leadership, negotiation, and strategic communication skills help drive growth and inspire teams. These combined abilities are essential for identifying new opportunities, building partnerships, and achieving revenue targets in competitive markets.
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 cities near Silver Spring, MD are hiring for Vp Business Development jobs? Cities near Silver Spring, MD with the most Vp Business Development job openings:
Vp Business Development jobs near you
Infographic showing various Vp Business Development 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 $166,015 per year, or $79.8 per hour.

Vice President of Business Development

Hendall Inc

Rockville, MD • On-site

Full-time

Re-posted 23 days ago

Job description

OVERVIEW The Vice President of Business Development will define and implement a strategy to ensure continued growth in a highly complex government contracting environment. Reporting to the Chief Operating Officer, the Vice President of Business Development has direct responsibility for the overall pursuit of new business, the identification and capture of new contracts, and the marketing of Hendall to potential customers. DUTIESIdentify, qualify, capture, and close deals through proactive relationship-building with potential customersEstablish and maintain a pipeline of target opportunities that have been qualified through initial conversations with government stakeholdersConduct ongoing and routine outreach to potential clients and represent Hendall at meetings, conferences, and other externally focused events.Present deal-specific intelligence, including customer statements regarding needs and requirements, to executive teamLead business development activities for new business opportunities from premarketing through proposal submissionEstablish and maintain relationships with teaming partnersAuthor proposals, white papers, standard operating procedures, and other contentMINIMUM QUALIFICATIONSAt least 10 years of directly applicable experienceProven success identifying, influencing, responding to, and winning Federal government contractsA track record demonstrating the ability to establish relationships with Federal government officialsProven ability to identify and focus all efforts on the specific activities that will lead to corporate growthA thorough understanding of the Federal small business contracting environment, including Small Business Administration and Federal Acquisition Regulation requirementsExceptional communication skills and a self-starter attitude willing to lead and contribute to any corporate activityStrong problem solving and analysis skillsWillingness to work long hours during peak periodsPREFERRED QUALIFICATIONSRecent experience supporting one or more HHS Operating Divisions in a customer-facing roleIntelligence leading to immediate expansion of corporate pipelineSalary Range: $150,000 to $200,000 per yearFor a complete listing of benefits, please visit our careers page at www.hendall.com/careersHendall Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status, and will not be discriminated against on the basis of disability.