Deadline: January 4, 2018
Applications are ongoing for the Royal Society Entrepreneur in Residence Program 2018. 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. Overall, the scheme will impact both university research and teaching to enable the successful translation of university research into industry; grow an entrepreneurial culture within universities; and address the skills needs of industry by developing curricula that produce industry-ready graduates.
The scheme provides opportunities for outstanding industrial scientists and entrepreneurs to spend time working in a University 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.
The EiR awards are for two years in the first instance, with the possibility to apply for an extension for a third year. The value of the scheme is up to a maximum of £40,000 over the two years (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 over two years. 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.
- 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, although they do not necessarily have to hold a PhD;
- 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.
- 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.
This scheme is currently open for applications, and will close at 3.00pm UK time on January 4, 2018. If you have any questions, please contact [email protected].
For more information, visit Royal Society Entrepreneur in Residence.