Royal Society 2023 Entrepreneur in Residence Scheme (Up to £25,000)

Published: 14 Jul 2023

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.

Royal Society Entrepreneur in Residence Scheme

Application Deadline	September 13, 2023
Funding Type	Partially Funded
Type	College School
Sponsor	Royal Society
Gender	Men and Women

Benefits of Royal Society Entrepreneur in Residence Scheme

Two years are covered by the EiR awards. The scheme’s worth is limited to a maximum of £25,000 annually (plus any relevant VAT) and is anticipated to cover the following:

• To spend 20% of their working hours at the host, the award recipient will receive compensation equal to 0.2 FTE of their existing wage. During the secondment, the EiR’s employer will continue to pay national insurance and pension contributions; only the basic wage will be paid.
• Travel expenses for the prize recipient to get to and from their host, as well as any necessary lodging.
• Project costs, conference attendance, meeting workshops, and training can all be included in order to help achieve the project plan’s objectives.

Requirements for Royal Society Entrepreneur in Residence Scheme

• The plan includes engineering as well as all branches of the biological and physical sciences, but it does not include clinical medicine.
• Any applicant who is authorized to work in the UK for the period of the award is eligible to apply for the program. Candidates should have a background in engineering and science. They must be able to show that they have substantial expertise working in science within an industrial research setting, as well as one or more of the following: experience leading university-business collaborations and the translation and commercialization of research.
• experience in entrepreneurship, including startup and business expansion, investment, etc.
• knowledge of or interest in coaching, mentoring, or training.
• Candidates may work full-time, part-time, or independently.

Application Deadline

September 13, 2023

How to Apply

Interested and qualified? Go to Royal Society on grants.royalsociety.org to apply