Applications are open for the Fully funded Enterprise Fellowship in UK 2019. The Enterprise Fellowship programme supports innovative, creative entrepreneurial engineers. Who has demonstrated an exceptional innovation in engineering which they want to develop further.

Moreover, The programme focuses on equipping the awardee with the confidence, skills, experience. Also, a network of expert advisors necessary to enable them to develop their innovation.

We support three types of individuals through our Enterprise Fellowships; researchers wishing to spin out a company from a university or research institute. Further,  recent graduates wishing to create a company, and international PhD students based in the UK, wishing to spin out or startup.

Benefit

• Up to £60,000 equity-free funding.
• Tailored mentoring and training.
• PR, marketing and promotion.
• Access to our drop-in workspace in central London.
• Allowable costs directly related to the fellowship may include travel, equipment, business consultancy, project-specific consumables, legal costs, specific business courses and attending conferences and seminars directly related to the Enterprise Fellowship.

Eligibility

• Applicants must be working at a UK Higher Education Institute, Research Council Insitute of National Laboratory. Further, in an engineering department (or engineering focussed research area). Also,  must have a PhD or equivalent experience. PhD students are eligible to apply but must receive their PhD before they start the Fellowship or the offer will be withdrawn.
• The applicant must currently be a researcher or was a researcher up until the time when they chose to pursue this commercialization project
• All levels of academic and researcher are eligible.  From third-year PhD students all the way through to Professor or Director. The scheme is not exclusively at ‘post-doctoral’ researchers
• The Host Institution must be to transferring and exploiting the particular technology via a spin-out. Further, in which the Enterprise Fellow will be playing a leading role (CEO/COO). If at the time of application, the Host institution has not yet decided whether to exploit the technology by licensing to an industrial partner or to exploit via the spin-out route, the decision will need to be made to pursue the spin-out route before an applicant can be invited for an interview.
• All Higher Education Institutions are eligible, as are research institutes that are able to sign up on similar terms to universities.
• The Host Institution must directly employ the applicant for the entire duration of the Fellowship.