Deadline: 24 February 2025
Enterprise Fellowships is a twelve-month accelerator programme designed to support talented researchers and graduates to transform breakthrough engineering innovations into disruptive spinouts and graduate startups.
Key Growth Areas
- With Enterprise Fellowships, you have a year to invest time and energy into your long-term business strategy and success. Training sessions are delivered as approximately 75 hours of interactive workshops in the first six months of the programme. The content is pitched by the trainers to challenge startup and spinout founders at various levels of business acumen and cover topics in:
- leadership and operations
- business modelling, value proposition and strategy
- marketing, sales and customers
- finance and funding sources.
- The welcome pack provides a list of recommended reading on the theory and practice of starting a business, as an additional resource to awardees who are new to entrepreneurship. By the end of the programme, you will be ready to take your new business to the next level of seed funding and bring your innovation to market.
Funding Information
- An equity-free grant of up to £75,000.
Benefits
- 75 hours of training
- 1:1 business coaching and mentoring from their unrivalled network of the UK’s leading engineers and Royal Academy of Engineering Fellows
- connections to their network of 100+ investors
- subsidised access to their diversity and inclusion platform Culture+ for engineering startups
- lifetime access to their co-working spaces in London and Belfast
- lifelong membership to the Hub’s exclusive events and networking.
Eligibility Criteria
- They are looking for:
- University researchers wishing to spin out from UK or Irish universities and research institutes
- Recent graduates who want to found a startup
- Non-UK nationals who are about to complete, or have recently completed, their PhD at a UK university
- Who have:
- a protectable engineering or technology innovation
- the ambition to lead the business as CEO or COO
- a technology that has been validated in a lab or a relevant environment.
For more information, visit Royal Academy of Engineering.