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 Lighthouse. Orbia's Lighthouse is a partnership between IDEO and Orbia to build new ventures that align with Orbia’s purpose of advancing life around the world. We operate out of the IDEO SF office and are part of Obria’s newly formed innovation and new ventures group; a product of Orbia’s brand transformation under the leadership of new CEO Daniel Martínez-Valle.
As our core mandate, Orbia's 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 behind sustainability to regeneration.
The lab works in collaboration with leaders from Orbia’s five global business groups to define new, innovative opportunity areas and develop concepts to articulate business opportunities. We’re looking for co-founders to each take on one of those concepts and make it a reality, making the most of sponsored entrepreneurial freedom and a host of available resources from Orbia and IDEO. To empower our founders, we provide funding along with experienced support and mentorship through engaged lab leadership, venture board, and business executives, bringing a breadth of startup, investor, and industry experience and guidance.
As part of our venture process, co-founders will be paired with an IDEO designer and have an initial 9-months of runway to explore and validate their concept. Co-founders will work towards a predetermined list of goals that unlock further time and funding for building and scaling the venture. If co-founders can build evidence before nine months, the funding will be available to them when they’re ready. If co-founders are unable to build sufficient evidence to move forward, then we will evaluate and look to match you as a co-founder for another emergent venture in our lab pipeline.
This is a salaried position for a minimum of nine months, with incentive structures that reward co-founders along the journey of building impactful ventures.
Ventures will be provided office space at the Lighthouse, located within IDEO San Francisco, and benefit from being part of a community of entrepreneurs, designers, and technologists.
Venture concepts cover a range of topics. Examples include:
In this role you will:
We’re looking for:
The successful candidate will: