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

About Royal Society

The Royal Society, formally The Royal Society of London for Improving Natural Knowledge,is a learned society and the United Kingdom's national academy of sciences. Founded on 28 November 1660, it was granted a royal charter by King Charles II as The Royal Society.The society fulfils a number of roles: promoting science and its benefits, recognising excellence in science, supporting outstanding science, providing scientific advice for policy, fostering international and global co-operation, education and public engagement. The societ... read more

Royal Society Entrepreneur in Residence Scheme

Aim and 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 Qualification

• 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

How to Apply

Applications must be submitted using Flexi-Grant®, the Society’s grant management system. The panel for the Industry Fellowship evaluates applications.

For more details,visit Royal Society website