Entrepreneur-in-Residence, Digital Health (LG NOVA)

Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone. LG Electronics North America Innovation Center (“LG NOVA”) LG Electronics established North America Innovation Center (“LG NOVA”) in Santa Clara, California, USA., in the heart of Silicon Valley, with an ambitious vision to become the nerve center of global innovation. Aiming to create the future of LG with the focus on disruptive and exponential growth, LG NOVA works with global corporations, startups, governments, and technology stakeholders to create new businesses, establish strategic partnerships, and develop a broad ecosystem using the process of “outside-in” innovation. Position Summary Entrepreneur-In-Residence We are currently seeking a Healthcare Entrepreneur-in-Residence to join LG NOVA’s office in Santa Clara, CA. This is a contract position. The Healthcare Entrepreneur-in-Residence will play a critical role in unlocking the next chapter of transformational growth for this over $70 billion-dollar global tech company. The goal of the innovation division is to identify and grow new healthcare businesses for the next chapter of LG in collaboration with other startups and partners. The EIR will be an integral part of our innovation team, focusing on identifying, developing, and launching new software-driven healthcare tech ventures in collaboration with startup partners. This role is ideal for a seasoned or aspiring entrepreneur with a strong background in software development (engineering, product management, business development or other similar experience) and a passion for Healthtech. The EIR will work closely with our startup partners, engineers, and leadership team as well as universities/businesses to conceptualize and bring to market innovative software-centric Healthtech solutions. Roles and Responsibilities: Responsibilities for this position include but are not limited to: • Identify compelling digital health market opportunities and develop product and business concepts into new company spin outs • Collaborate with other start-ups and partners to create more robust solutions, designed to better meet the customers need and accelerate time to market and time to scale • Partner with LG NOVA’s Ecosystem team to source and evaluate potential start-up partners • Conduct customer discovery and market validation to confirm job to be done and potential demand • Develop robust business plans including product strategy, business model and commercial plans. • Pitch to internal review committee and external investor partners to secure new company creation approval and funding • Develop financial projections that demonstrate the potential for the business to grow rapidly and achieve LG NOVA’s ambitious goals • Develop networks of advisors and external experts that can assist in the development, validation and execution of a new busin