September 13, 2023 is the deadline. | Society Entrepreneur in Residence 2023–2024 Royal (upto £25,000)
The Royal Society Entrepreneur in Residence 2023–2024 application period is currently open. The Science, Industry and Translation program’s Royal Society Entrepreneur in Residence (EiR) program. Seeks to expand UK universities’ knowledge of cutting-edge industrial science, research, and innovation.
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The program offers opportunity for driven, seasoned industry scientists and entrepreneurs to work one day per week on a custom project at a university to:
- Expose faculty and students at the university to cutting-edge commercial research and development as well as the scientific difficulties confronted by business.
- Support and professional guidance to encourage innovation and the application of research by institutions.
- Increase staff and students’ knowledge of, and confidence in, business and entrepreneurship.
- Provide recipients with career recognition, and aid in their professional development.
Benefits
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.
Eligibility
- 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
Applications must be submitted using Flexi-Grant®, the Society’s grant management system. The panel for the Industry Fellowship evaluates applications.
Go to the Royal Society website for further details.
