The Royal Society Entrepreneur in Residence (EiR) scheme aims to increase the knowledge and awareness in UK universities of cutting-edge industrial science, research, and innovation.
The scheme provides opportunities for enthusiastic, highly experienced industrial scientists and entrepreneurs to spend one day a week at a university developing a bespoke project to:
Expose university staff and students to state-of-the-art industrial research and development, and the scientific challenges faced by industry
Provide support and expert advice aimed at promoting innovation and the translation of research by universities
Grow confidence in and understanding of business and entrepreneurship among staff and students
Provide career recognition to the award holders, and support their professional development
About The Royal Society
Our origins lie in a 1660 ‘invisible college’ of natural philosophers and physicians. Today we are the UK’s national science academy and a Fellowship of some 1,600 of the world’s most eminent scientists.
The very first ‘learned society’ meeting on 28 November 1660 followed a lecture at Gresham College by Christopher Wren.
Joined by other leading polymaths including Robert Boyle and John Wilkins, the group soon received royal approval, and from 1663 it would be known as ‘The Royal Society of London for Improving Natural Knowledge’.
Entrepreneur in Residence
Type: Entrepreneurs
Organisation: The Royal Society
Course to study: Not specified
Gender: Men and Women
Application Deadline: September 23, 2022
Aim and Benefits of Entrepreneur in Residence
The EiR awards are for two years. The value of the scheme is up to a maximum of £20,000 per year (including VAT where applicable), and is expected to cover the following:
Salary equivalent to 0.2 FTE of the award holder’s current salary to spend 20% of their working time at the host. The EiR’s basic salary only will be paid during the secondment; the EiR’s employer will continue to pay national insurance and pension contributions.
Travel and project costs for award holder to travel to and from their host, and accommodation if required. Project costs to help deliver the aims of the project plan can also be included, as can conference attendance, meeting workshops and training.
Requirements for Entrepreneur in Residence Qualification
The scheme covers all areas of the life and physical sciences, including engineering, but excluding clinical medicine.
The scheme is open to applicants of any nationality, who are eligible to work in the UK for the duration of the award. Applicants should have a background in science and engineering.
They must be able to demonstrate significant experience of working in science in an industrial research context, and one or more of the following:
Experience of managing university-business collaborations and the translation and commercialization of research
Experience of entrepreneurship, such as company formation and growth, investment etc
Experience or interest in training, coaching or mentoring
Applicants can be either employed full-time, part-time, or self-employed.
How to Apply For Royal Society 2022 Entrepreneur in Residence
Interested and qualified? Go to The Royal Society on grants.royalsociety.org to apply.
Applications should be submitted through the Society’s grant management system Flexi-Grant®.
It is expected that applicants will be notified of the outcome of their application 3 months after the closing date.
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