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About LG NOVA

LG NOVA, LG’s North America Innovation Center, is the company’s venture incubation arm based in Silicon Valley. Our mandate is to identify transformative growth opportunities and launch new ventures that shape the future of LG. We partner with startups, enterprises, and public institutions to co-create the next generation of impactful businesses.

The Role: Entrepreneur-in-Residence (EIR)

We’re seeking an experienced Entrepreneur-in-Residence to lead the incubation of a new digital health venture within LG NOVA. This is a founder-track role focused on developing, validating, and launching a scalable business—culminating in a spin-out backed by our internal venture fund.

What You’ll Do

Identify emerging opportunities in digital health, including clinical, wellness, and B2B2C domains.
Collaborate with external stakeholders (health systems, payers, life science companies, etc.) to define problems and validate solutions.
Secure early pilot partnerships and customer traction
Develop and pitch the business case through LG NOVA’s gated venture approval process
Negotiate venture funding and spin-out terms with LG’s internal venture capital team
Assemble a world-class founding team
Build business models, product/service concepts, and go-to-market strategies
Lead rapid prototyping, testing, and iteration of product ideas
Create and manage financial forecasts and operational roadmaps

Experience We’d Like You To Have

15+ years in startups, corporate innovation, or venture studios, with a proven ability to build and scale businesses
7+ years in product strategy and digital product development, ideally in healthtech, medtech, or wellness
Firm grasp of healthcare business models and buyer dynamics across payers, providers, and patients
Familiarity with AI, cloud platforms, and software/hardware integration
Experience raising capital and working with VCs or corporate venture arms
Track record of navigating ambiguity and operating with urgency in white space environments
Exceptional communicator with strong analytical and problem-solving skills
Bachelor’s degree in business, engineering, computer science, or a related field (advanced degrees a plus)
Previous founder or start-up executive experience in digital health preferred

Preferred Qualifications

Experience with AI-first product development and business model design
Understanding of agile venture building and lean experimentation frameworks
Deep network across healthcare stakeholders and potential early customers

Please Note: this is a contract position, not a direct full-time position with LG

Location: this is a hybrid position with the expectation this person will work out of the Santa Clara, CA office.

Recruiting Range

$185,000—$270,000 USD

Benefits Offered Full-Time Employees

No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.
Performance based Short-Term Incentives (varies by role).
Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
Group Rate Life and Disability Insurance.

Benefits Offered Temporary/Contractors

Eligible for the relevant benefit programs offered through our partner agencies.

Privacy Notice to California Applicants

At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics.

In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied.

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