Managing Director / Venture Development Lead

Supertech Group; Riyad Al Khabra; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading digital design agency is seeking a Business Development Manager to develop and refine strategies for new product ventures. Responsibilities include conducting market research, preparing financial projections, and leading fundraising efforts. The ideal candidate has a robust background in venture building or business development, strong analytical skills, and a Bachelor's degree in a relevant field. Competitive salary with performance-based incentives and possible equity options based on success.

Benefits

Competitive base salary

Performance-based incentives

Equity or profit-sharing options

Qualifications

• Proven experience in venture building, business development, or investment management.
• Strong understanding of startup ecosystems, funding processes, and commercialization strategies.
• Demonstrated success in preparing and pitching investor-ready reports, proposals, and presentations.

Responsibilities

• Develop and refine the business model, market entry strategy, and commercial roadmap.
• Conduct market and competitive research to validate product-market fit.
• Lead all efforts related to fundraising, including grant applications.

Skills

Business development

Venture building

Fundraising

Analytical skills

Communication

Negotiation

Education

Bachelor’s degree in Business, Finance, Economics, or Entrepreneurship

MBA preferred

Job description

Do you want to love what you do at work? Do you want to make a difference, an impact, transform people’s lives? Do you want to work with a team that believes in disrupting the normal, boring, and average?

If yes, then this is the job you’re looking for. UXBERT Labs is one of the best digital and user experience design agencies in the GCC working with the biggest regional and international brands such as STC, Amazon, Gucci and more. UXBERT Labs is part of the Supertech Group also consisting of Hala Yalla, Saudi’s #1 private event ticketing and experience booking platform, and Kafu Games, the largest esports tournament platform in MENA.

Key Responsibilities

• Develop and refine the business model, market entry strategy, and commercial roadmap for the new product venture.
• Conduct market and competitive research to validate product-market fit and identify growth opportunities.
• Prepare detailed financial projections, investor decks, and business plans to attract funding.
• Identify, approach, and engage with investors, incubators, accelerators, and strategic partners.
• Lead all efforts related to fundraising, including grant applications, venture capital outreach, and government programs.
• Collaborate with internal teams (product, tech, design) to align execution with business goals.
• Build and manage early partnerships, pilots, or client relationships to demonstrate traction.
• Report progress, financials, and funding milestones directly to executive leadership.
• Once funding is secured, lead the hiring and formation of a dedicated venture team, ensuring the right talent mix for growth and execution.

Requirements

• Proven experience in venture building, business development, or investment management.
• Strong understanding of startup ecosystems, funding processes, and commercialization strategies.
• Demonstrated success in preparing and pitching investor‑ready reports, proposals, and presentations.
• Excellent analytical skills with the ability to interpret market and financial data.
• Exceptional communication, marketing and negotiation skills, with the ability to articulate value propositions clearly to investors and partners.
• Bachelor’s degree in Business, Finance, Economics, or Entrepreneurship (MBA preferred).

Ideal Candidate Profile

• Entrepreneurial and self‑motivated; thrives in an unstructured, high‑ownership environment.
• A strategic thinker with the ability to connect product potential to real market and financial value.
• Well‑connected with investor networks, incubators, and innovation ecosystems.
• Comfortable leading across strategy, operations, and fundraising.

Benefits

Compensation

Competitive base salary + performance‑based incentives.

Equity or profit‑sharing options may be offered based on funding success and business milestones.