Full-Time

VP of Business Development & Sales

Confirmed live in the last 24 hours

C16 Biosciences

C16 Biosciences

11-50 employees

Produces sustainable ingredients for consumer goods

Biotechnology
Consumer Goods

Compensation Overview

$175k - $235kAnnually

Senior, Expert

New York, NY, USA

Position requires onsite presence in New York, NY.

Category
Business Development
Business & Strategy
Required Skills
Market Research
Sales
Marketing
Data Analysis
Requirements
  • Minimum of 10 years of experience in business development, sales, or related roles, ideally within relevant industries
  • Proven track record of driving revenue growth, negotiating complex deals, and cultivating strategic partnerships
  • Self-motivated, proactive, and results-oriented with a strong sense of urgency
  • Ability to thrive in a fast-paced, entrepreneurial environment and lead cross-functional teams to achieve common goals
  • Excellent communication, negotiation, and interpersonal skills
  • Energy, passion and enthusiasm for your work that is infectious and palpable
  • Strategic thinker with strong analytical skills and the ability to translate insights into actionable plans
Responsibilities
  • Drive Revenue: Lead efforts to generate new business opportunities, forecast and drive sales, and achieve revenue targets through effective customer understanding, market analysis, pricing strategies, and negotiation.
  • Identify and Close Strategic Partnerships: Identify and evaluate the best potential strategic partners, including consumer product manufacturers, distributors, suppliers, retailers, industry influencers and collaborators, to expand market reach. Own deal process from development of win-win scenarios contract negotiations.
  • Cultivate Customer Relationships: Build and maintain strong relationships with existing and potential customers, understanding their needs, challenges, and market trends to position our products effectively.
  • Develop and Implement Business Development Strategy: Create and execute a comprehensive business development plan aligned with company goals, identifying key target markets, customers, and opportunities for growth.
  • Market Research: Create appropriate strategies and solutions to ensure a market advantage and competitive edge including market research at the industry, market, and economic levels, and the development of customer based research and analysis.
  • Market Analysis and Insights: Stay abreast of industry trends, competitor activities, and market dynamics to inform business strategies and identify emerging opportunities for growth.
  • Collaborate Cross-Functionally: Work closely with multiple cross-functional teams from R&D to Marketing and beyond to ensure alignment of business development initiatives with product development, marketing campaigns, and operational capabilities.
  • Represent the Company: Serve as a brand ambassador for the company, representing our values, vision, and product offerings at industry events, trade shows, conferences, and client meetings.
  • Serve as Company Thought Partner: Serve as a thought partner to the Executive Team on issues relating to business development and sales, including the best avenues for growth, market opportunities, and forecasting data to drive strategy and decisions towards business development. Perform other duties, as assigned by the Executive Team.
  • Track and Report Performance: Develop and maintain metrics to track the effectiveness of business development activities, providing regular reports and insights to senior management.
  • Some Marketing Chops: The ability to drive and manage messaging, capitalize on touchpoints, provide frontline feedback and direct teams to develop materials needed in support of selling.

C16 Biosciences creates sustainable ingredients for consumer goods, focusing on the beauty, personal care, home care, and food product markets. The company uses a unique biomanufacturing platform to produce ingredients that perform well while being environmentally friendly. This method helps tackle issues like supply and price instability, as well as the rising demand for sustainable products from consumers and regulators. C16 Biosciences primarily serves consumer goods manufacturers, providing them with high-quality ingredients that meet the increasing consumer preference for effective and eco-friendly products. Operating on a B2B model, the company sells its biodesigned ingredients to these manufacturers, who then incorporate them into their products. C16 Biosciences aims to decarbonize consumer products, supporting both the planet's health and the needs of its clients.

Company Stage

Seed

Total Funding

$32.6M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

-12%

1 year growth

-8%

2 year growth

-22%
Simplify Jobs

Simplify's Take

What believers are saying

  • C16 Biosciences' innovative Palmless™ platform addresses the growing consumer and regulatory demand for sustainable products, offering significant market potential.
  • The company's recent funding and grants will enable it to expand its capabilities and hire additional R&D staff, fostering innovation and growth.
  • Partnerships with organizations like ScaleUp Bio provide strategic advantages for scaling production and entering new markets, particularly in Asia.

What critics are saying

  • The high cost of biomanufacturing and fermentation processes could limit the company's ability to compete on price with traditional ingredients.
  • Dependence on continued funding and grants poses a risk if financial support diminishes.

What makes C16 Biosciences unique

  • C16 Biosciences leverages a proprietary biomanufacturing platform to produce sustainable, high-performance ingredients, setting it apart from traditional ingredient suppliers.
  • The company's focus on creating alternatives to palm oil, a major environmental concern, positions it uniquely in the biotechnology sector.
  • Significant backing from high-profile investors like the Bill & Melinda Gates Foundation underscores its credibility and potential for impact.

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