Call for Applications: Royal Society Entrepreneur in Residence 2023-2024 |up to £25,000

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Call for Applications: Royal Society Entrepreneur in Residence 2023-2024 |up to £25,000

Call for Applications: Royal Society Entrepreneur in Residence 2023-2024 |up to £25,000

The Royal Society Entrepreneur in Residence program for 2023-2024 is now accepting applications. The Royal Society Entrepreneur in Residence (EiR) Program, which is part of the Science, Industry, and Translation programme, aims to promote knowledge and awareness of cutting-edge industry science, research, and innovation in UK universities.

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.

Royal Society Entrepreneur 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.

Royal Society Entrepreneur Eligibility

  • 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 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.

Royal Society Entrepreneur Application

Applications should be submitted through the Society’s grant management system Flexi-Grant®. Applications are assessed by the Industry Fellowship panel.

Apply here

For more information, visit Royal Society.

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