Royal Academy of Engineering Enterprise Fellowships 2024

Royal Academy of Engineering Enterprise Fellowships 2024

Royal Academy of Engineering Enterprise Fellowships 2024

Enterprise Fellowships at the Royal Academy of Engineering UK

The Enterprise Fellowships program at the Royal Academy of Engineering UK is open to international students worldwide who are pursuing doctoral studies and have demonstrated exceptional innovation in engineering. The program aims to support innovative and entrepreneurial engineers by providing them with the necessary skills, experience, confidence, and network of expert advisers to further develop their innovations. Here’s an overview of the scholarship:

Scholarship Summary:

Royal Academy of Engineering Enterprise Fellowships 2024

  • Level of Study: Postdoctoral
  • Institution: Royal Academy of Engineering
  • Study in: UK
  • Opportunity Focus Areas: Engineering
  • Program Period: One year
  • Deadline:
  • Stage 1: August 29, 2024 (Opens in January)
  • Stage 2: October 2024

Scholarship Coverage:

  • Up to £75,000 equity-free startup funding grant
  • Expert business mentoring and coaching
  • 15 days of business training
  • Membership of the Equality, Diversity, and Inclusion toolkit
  • Access to the community of Hub Members, Academy Fellows, investors, industry experts, and partners
  • Flexible working space at the Taylor Centre, the physical hub
  • Hub membership for life

Eligibility Criteria:

Royal Academy of Engineering Enterprise Fellowships 2024 Royal Academy of Engineering Enterprise Fellowships 2024 Royal Academy of Engineering Enterprise Fellowships 2024

  • Required Language: English
  • Eligible Countries: All World Countries
  • Key Eligibility Criteria:
  • Technology Readiness Level (TRL) of the solution is 4 or above
  • Equity investment in the business is less than £500,000
  • Innovation is protectable, and the applicant owns or co-owns the IP
  • The applicant owns the highest equity stake in the company within the founding team
  • Applicant is, or has the ambition to be, the CEO or COO of the business
  • For startups: Applicant is not a student or otherwise employed during the program
  • For startups: Applicant has completed their first university degree by July 1, 2018
  • For spinouts: Applicant is currently employed by the university
  • If relevant, the PhD viva will be held no later than November 30, 2023

How to Apply:

  • Applicants must first register on the official website.
  • Select the appropriate application form from the list of currently open programs.
  • The application process consists of two stages: Stage one and Stage two.
  • In Stage one, provide brief information about yourself and your idea.
  • If eligible, you will be invited to complete a Stage two application, which is more detailed.
  • Stage two application will require additional information about yourself, the team, the technology, and the business model.
  • Successful applicants will be invited to interview.

Website:
To learn more about the Enterprise Fellowships at the Royal Academy of Engineering, visit the official website.

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