Many new ventures claim to improve life around the world, but few corporate venturing processes have been designed with this explicit intent from the bottom up. Enter the Orbia Lighthouse. The Lighthouse is a partnership between IDEO and Orbia to build new ventures that align with Orbia’s purpose of advancing life around the world. Due to COVID-19 we are operating remotely, however we retain a space in the IDEO SF office and are part of Obria’s newly formed innovation and new ventures group; a product of Orbia’s transformation under the leadership of new CEO Daniel Martínez-Valle.
As our core mandate, the Orbia Lighthouse is designed to launch and incubate new ventures where we believe we can have the strongest impact, aligning with six of the UN Sustainable Development goals: feeding the world sustainably; better managing our water systems; making cities more livable, lovable, and resilient; connecting and empowering communities with data; making health and well-being more accessible; and pushing beyond sustainability to regeneration.
Utilities would like to access and adopt the optimal water loss prevention solutions available in the market that best fit their needs, however...
Our new digital service venture will be the first online community for water professionals to share learnings and experiences about water loss prevention solutions and connect with vendors matching their specific needs.
+ Take on one venturing concept and make it a reality, making the most of sponsored entrepreneurial freedom and a host of available resources from Orbia and IDEO
+ Spend your first 6 months developing evidence that your concept can be a scalable venture business that advances life around the world and preparing to bring a solution to market.
+ Build prototypes of increasing fidelity to: test and evolve your business model, develop and refine your technology roadmap, and continue to deepen your understanding of user needs
+ Build and present evidence to the Orbia Lighthouse Advisory Board that your venture is worth pursuing beyond the validation phase
+ Receive experienced support and mentorship through engaged lab leadership, venture board, and business executives, bringing a breadth of startup, investor, and industry experience and guidance
+ Have remote access to the Orbia Lighthouse in-house design team to support research and development so that you can hit the ground running.
+ Be allocated a fixed budget to build, pilot, promote, and launch the venture.
+ Have prioritized support from Wavin, the leading global supplier of plastic pipe systems and solutions, a central player in creating healthy, sustainable environments.
+ This is a full-time, salaried position guaranteed for a minimum of 6 months, with additional funding and runway subject to Orbia venture board approval. The hope and intention is that you will launch and run the venture for 3+ years into the future.
+ Incentive structures will reward achievements along the journey of building impactful ventures.
+ Experience as a founder, product leader, or business development leader in an early stage startup, and a track record of building technology businesses from scratch
+ A broad playbook of startup methodologies, and mastery in using their toolkit from early exploration to finding product/market fit
+ Hands-on builders — you have the ability to hold the product vision and also build the early iterations of the product itself
+ Relevant domain expertise, understanding of customers and products, and a network within your target venturing space
+ Bonus points for experience building any of the following: EV charging services, B2B2C businesses, data processing and aggregation services, or digital applications.
+ Be driven by impact, and the belief that the world needs ventures that solve real problems at startup speed
+ Use a founder’s toolkit to be able to embrace ambiguity — we will provide clear goals in the venture process, but how you get there is up to you
+ Have the operating experience to make the most of provided IDEO and Orbia resources
+ Invest in others’ success, collaborating with a community of entrepreneurs building parallel ventures
+ The role will be based in San Francisco, CA in order to have proximity to the market that you will be initially serving.
IDEO is an equal opportunity employer; applicants are considered for all roles without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, marital, parental, veteran or military status, unfavorable military discharge, or any other status protected by applicable federal, state or local law.