Royal Society Entrepreneur in Residence (EiR) 2024-2025 (up to £25,000)

June 24, 2024 25

Applications are now open for the 2024/2025 Royal Society Entrepreneur in Residence (EiR) Scheme. This initiative, part of the Science, Industry, and Translation programme, is designed to enhance knowledge and awareness of cutting-edge industrial science, research, and innovation within UK universities.

Type:	Grants & Fundings
For:	Entrepreneurs, Innovators in All countries
Status:	✅ Active
Deadline:	September 18, 2024
Benefits:	£25,000 in grants, more
Sponsor:	Royal Society
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Details

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.

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Eligibility Criteria for Royal Society Entrepreneur in Residence (EiR) 2024-2025

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 commercialisation 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.

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Benefits

The EiR awards are for two years. The value of the scheme is up to a maximum of £25,000 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 .

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How to Apply

Click on the link below to begin your application.

Applications should be submitted through the Society’s grant management system Flexi-Grant®. Applications are assessed by the Industry Fellowship panel.
It is expected that applicants will be notified of the outcome of their application 3 months after the closing date.

Deadline: September 18, 2024

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