The Royal Society Entrepreneur in Residence (EiR) Scheme offers a unique opportunity for experienced industrial scientists and entrepreneurs to bridge the gap between academia and industry. This program, part of the Science, Industry and Translation initiative, aims to foster a deeper understanding of cutting-edge industrial research and innovation within UK universities. By embedding seasoned professionals within university settings, the scheme seeks to promote the practical application of research and encourage entrepreneurial thinking among students and staff. The Royal Society Entrepreneur in Residence (EiR) Scheme is designed to benefit both the host institutions and the individuals participating.
Understanding the Scheme’s Goals
The primary objective of the EiR scheme is to increase awareness and knowledge of industrial science, research, and innovation within UK universities. This is achieved by bringing experienced industrial scientists and entrepreneurs into academic environments for one day each week over a two-year period. These individuals work on bespoke projects tailored to their expertise and the needs of the host university.
The scheme focuses on several key areas:
- Exposing University Communities to Industry: EiRs share insights into state-of-the-art industrial research and development, as well as the scientific challenges faced by businesses. This helps university staff and students gain a practical perspective on how their work can translate into real-world applications.
- Supporting Research Translation: Participants offer expert advice and support to help universities promote innovation and translate their research findings into commercially viable products or services. This can involve guidance on intellectual property, market analysis, and business development strategies.
- Fostering Entrepreneurship: The program aims to build confidence and understanding of business and entrepreneurship among university members. EiRs can mentor students and faculty interested in starting their own companies or commercializing their discoveries.
- Professional Development for EiRs: The scheme also provides career recognition and supports the professional development of the award holders. It offers a chance to contribute to the academic community and refine their own leadership and mentorship skills.
Eligibility and Application Process
The Royal Society EiR Scheme is open to a wide range of individuals with a strong background in science and engineering. The scheme covers all areas of the life and physical sciences, including engineering, but specifically excludes clinical medicine. Applicants of any nationality are welcome, provided they are eligible to work in the UK for the duration of the award.
Key requirements for applicants include:
- Scientific and Engineering Background: A solid foundation in science or engineering is essential.
- Industrial Research Experience: Applicants must demonstrate significant experience working in industrial research and development.
- Relevant Expertise: In addition to industrial experience, candidates should possess one or more of the following:
- Experience managing collaborations between universities and businesses, including research commercialization.
- Proven experience in entrepreneurship, such as founding and growing companies or securing investment.
- Demonstrated experience or a strong interest in training, coaching, or mentoring others.
Applicants can be employed full-time, part-time, or be self-employed. The application period for the 2026/2027 scheme opens on June 3, 2026, and closes on August 19, 2026. Decisions are expected to be communicated by November 30, 2026.
Scheme Benefits and Funding
The EiR awards are granted for a period of two years. The scheme provides financial support of up to £25,000 per year to cover essential costs associated with the role. This funding is intended to ensure that award holders can effectively dedicate their time and resources to the program.
The award typically covers:
- Salary Contribution: Equivalent to 0.2 Full-Time Equivalent (FTE) of the award holder’s current salary. This allows the EiR to spend 20% of their working time at the host university. The award covers the EiR’s basic salary, while their employer continues to manage national insurance and pension contributions.
- Travel and Project Expenses: Funds are available for the award holder to travel to and from their host institution, including accommodation if necessary. Project costs that support the aims of the project plan are also covered. This can include expenses for conference attendance, workshops, and training activities.
This financial support ensures that participating entrepreneurs can focus on their projects without undue financial burden, maximizing their contribution to the university and the advancement of industrial science.
Frequently Asked Questions
What is the main goal of the Royal Society EiR Scheme?
The main goal is to increase awareness of industrial science and innovation within UK universities by bringing experienced professionals into academic settings.
Who is eligible to apply for the EiR Scheme?
Individuals with a strong background in science or engineering and significant industrial research experience are eligible, regardless of nationality, as long as they can work in the UK.
What kind of financial support does the EiR Scheme offer?
The scheme offers up to £25,000 per year to cover a salary contribution (0.2 FTE), travel, and project expenses for the award holder.
How long does the EiR award last?
The EiR awards are granted for a period of two years.
