Business Development Intern
5 days ago
We are seeking a motivated and detail-oriented Business Development Intern to join our team. In this role, you will be instrumental in identifying potential prospects, researching target companies, and establishing connections with key decision-makers. You will also assist in building and executing outreach campaigns to expand our customer base. This is a fantastic opportunity for someone with strong research, communication, and marketing skills to gain hands-on experience in a dynamic environment.
As we enter the age of AI, data is at the core of powerful software. Forage AI is a data automation and data science pioneer dedicated to democratizing data. Our mission is to create powerful data assets on the fly, achieving incredible feats by doing so repeatedly across industries and use cases. We specialize in extracting unstructured data from websites and documents, particularly in large-scale data collection, followed by processing and structuring this data using best-in-class approaches in ML/NLP. Our commitment to data precision and accuracy sets us apart and leads to remarkable outcomes.
Prospect Research
- Identify and compile a list of potential companies and customers through manual and online research.
- Understand our business model, industry, and target audience to find high-quality companies and leads.
Key Decision-Maker Identification
- Use and other platforms to identify and capture decision-makers within target organizations.
- Create detailed records, including contact information and professional details.
Outreach and Engagement
- Craft personalized and compelling outreach emails tailored to prospective customers when needed.
- Execute email campaigns and follow-ups using HubSpot and Smartlead.
Collaboration and Strategy
- Work closely with the marketing and sales teams to align research with business goals.
- Provide insights on the potential market and recommend strategies to approach leads effectively.
Marketing Support
- Utilize basic marketing knowledge to ensure communication is aligned with branding and target audience preferences.
- Assist in creating outreach strategies and materials as needed.
- Currently pursuing or recently completed a degree in Marketing, Business Administration, Communications, or a related field.
- Strong research and analytical skills with an eye for detail.
- Excellent communication skills, both written and verbal.
- Proficiency in using and other professional platforms for research.
- Basic knowledge of email marketing tools and CRM software is a plus.
- Understanding of marketing principles and how to apply them effectively.
- Self-starter with the ability to work independently and meet deadlines.
- 100% remote working with flexible hours and a supportive work environment.
- Hands-on experience in lead research, business outreach, and marketing.
- Mentorship and guidance from experienced professionals.
- Opportunity to contribute to real-world business growth initiatives.
Since this is a completely work-from-home position, you will also need the following:
- High-speed internet connectivity for video calls and efficient work.
- A capable business-grade computer (e.g., modern processor, 8 GB+ of RAM, and no other obstacles to uninterrupted efficient work).
- Headphones with clear audio quality.
- A stable power connection and backups in case of internet or power failure.
Objective
Identify SaaS companies in the Financial Services, LLM Providers, and AI/RAG-focused solutions industries that meet the criteria for strategic outreach and collaboration.
Company Identification
- Industry Focus: Financial Services, LLM Providers & AI/RAG-Focused Solutions
- Criteria: US-based companies investing ~$100K to build their data products; growth/innovation stage or emerging challengers (avoid Fortune 500 or tiny startups); limit to five companies per industry
Decision-Maker Identification
- Primary Contacts: C-level executives (COO, CTO, CPO, CEO of the business unit)
- Secondary Contacts: SVP of Data
- Tertiary Contacts: Head of Data Strategy
- Collect two contact persons per company
Data Collection
- For Each Company: Company Name, Website URL, Industry/Category
- For Each Contact: Name, Title, URL (hyperlinked), Contact Email (if possible)
Research Strategy
- Use , Crunchbase, G2, or other platforms to identify companies and decision-makers.
- Verify that the companies meet the stage and budget criteria.
Documentation
- Create a well-structured Google Sheet with separate tabs for each industry.
- Ensure all data fields are filled accurately.
- A completed Google Sheet with ten companies (5 from each industry).
- Contact details for 20 decision-makers (2 per company).
- Brief notes explaining why each company fits the criteria.
- Use a professional tone and highlight emerging disruptors and innovative players.
- Focus on quality over quantity; research deeply to find well-suited companies.
- Don't simply rely on databases; ensure the companies and contacts you select make logical sense.
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