RSE Enterprise Fellowships

Deadline
28/04/2021 5:00 pm
Timeline
  • 1 October 2021 Start date
Value

Up to £100,000 in funding and business training support.

Duration

Full-time 12 months, part-time 24 months

The Royal Society of Edinburgh is taking the opportunity to refresh its Enterprise Fellowship programme to take account of changes in the entrepreneurial landscape since its inception in 1997 and ensure it remains at the cutting edge of entrepreneurial support. We will therefore be pausing the scheme for recruitment for a period of 6-12 months and look forward to welcoming new applicants to the programme in 2022.

RSE Enterprise Fellowships offer a leading business development and training programme for the higher education sector. Our Enterprise Fellowship programme enables researchers to develop into world-class entrepreneurs.

If you have an innovative science-or-tech-based business idea that needs help accelerating, then apply now; you could secure an equity-free support package of funding and training support worth up to £100,000!

The Enterprise Fellowships provide

A one-year academic salary

Time to focus solely on refining your business idea

Tailored, cutting-edge business training

Mentoring from the RSE's network of partners in the business community

Up to £10,000 business support funding

Membership of the RSE Entrepreneurs' Club, with access to networking events

Our Enterprise Fellowships provide a once-in-a-lifetime opportunity with the potential to be truly life-changing. RSE Enterprise Fellows receive the skills and networks necessary to succeed in today’s fast-paced global business environment.

Who can apply

The RSE Enterprise Fellowship is open to graduates, postgraduates, PhD students, academic researchers, or members of HEI staff. Additionally:

  • Applicants must demonstrate proof of concept – commercial and technical.
  • Applicants must demonstrate that they can remain and work legally in the UK for the duration of the Enterprise Fellowship.
  • Applicants must demonstrate a commitment to full-time or part-time requirements.
  • Spin-out/shell companies not yet trading can apply, but companies who have generated significant investment, or are generating significant revenue cannot apply.

FundING eligibility

The RSE Enterprise Fellowships are supported by a variety of funders. Eligibility differs between funders:

FunderLocationSectorConditions
UK-based projectsAny sector, though projects must-have technology and science at the core.
UKRI Biotechnology and Biological Sciences Research CouncilUK-based projectsIn life sciences, health, food, biotechnology and biological sciences.Requires previous funding from BBSRC.
UKRI Science and Technology Facilities CouncilUK-based projectsParticle physics, astronomy, particle astrophysics, solar and planetary science and nuclear physics.Requires previous funding from STFC.
Industrial Biotechnology Innovation CentreScotland-based projectsIndustrial biotechnology; health, industrial or ‘white’, agriculture and marine biotechnologies.

Application process

There are two application deadlines a year, the current round has the following timeline:

  1. Application opens, Wednesday 3 March.
  2. Create a profile on the RSE CiviCRM, or log in using your existing details.
  3. Once into your personal profile, access the online application.
  4. Complete the details on the online application form.
  5. Upload, as part of the online form, a Host Institution statement, inventor/PI statement, and two references.
  6. Application closes, Wednesday 28 April, 5pm.
  7. Shortlisting, Friday 4 June.
  8. Interviews, 21 & 22 June.
  9. Start date, Friday 1 October.

Resources for applicants

 Contact us

For more information regarding the award, please contact the Enterprise Fellowship team on [email protected].

ENTERPRISE FELLOWSHIP ALUMNI – SUCCESS STORIES

Dr Ghani was awarded the Enterprise Fellowship to develop, SolarisKit, a solar thermal collector which can convert sunlight into hot water.
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Alice Smith established Speak Unique, a company with the technology that can create personalised, synthesised voices for use in communication aids.
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Genevieve Patenaude spearheaded the commercialisation of Earth Blox which aims to widen access to the power of planetary satellite data.
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The RSE Enterprise Fellowship was a significant turning point for Murray Collins which supports sustainable development in West Afirca.
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Caroline’s Enterprise Fellowship spun out a new biotech company – Elasmogen, the next-generation, therapeutic biologics company.
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Peter Orrell, Founder and CEO of MycoNourish which harnesses the power of beneficial fungi to enhance crop production.
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EVALUATION AND ECONOMIC IMPACT ASSESSMENT

A report commissioned by the RSE has established that its Enterprise Fellowship programme has provided a significant boost to the Scottish, UK and global economies. Carried out by economic consultancy BiGGAR Economics (2019), the evaluation and economic impact assessment found that the programme has added almost £170m to annual global gross value added (GVA), including £77 million in Scotland. It has led to the creation of more than 3,000 jobs, nearly half (1,395) of which are in Scotland and over 200 businesses.

More than 272 entrepreneurs have been supported

Over 2,500 jobs have been created in the UK

Return on investment is £9.74 for every £1 spent*

*UK-wid figure from 2019 evaluation

93% of Enterprise Fellows start new businesses

25% of Enterprise Fellows have started multiple businesses

81% still operating after 5 years*

*the average survival rate at 5 years for spin-outs and technology start-ups is 45%

latest Enterprise fellowship news

The RSE Enterprise Fellowship programme welcomes the next cohort of academic entrepreneurs to take their commercial ideas in research and technology and turn them into thriving, successful businesses.
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The Royal Society of Edinburgh’s (RSE) prestigious Enterprise Fellowship programme has paused recruitment for a period of six to twelve months.
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Our Enterprise Fellows covered the highlights of their entrepreneurial journey to date; giving an exclusive insight into their experiences and achievements.
category_early category_mid category_senior category_commercialisation category_20000
Alice Smith established Speak Unique, a company with the technology that can create personalised, synthesised voices for use in communication aids.
category_early category_mid category_senior category_commercialisation category_20000
Genevieve Patenaude spearheaded the commercialisation of Earth Blox which aims to widen access to the power of planetary satellite data.
category_early category_mid category_senior category_commercialisation category_20000
Join us in welcoming the next cohort of academic entrepreneurs who have received our prestigious commercialisation award, the RSE Enterprise Fellowship.
category_early category_mid category_senior category_commercialisation category_20000
A report has established that the RSE Enterprise Fellowship has provided a significant boost to the Scottish, UK and global economies.
category_early category_mid category_senior category_commercialisation category_20000
Join us in welcoming the next cohort of academic entrepreneurs who have received our prestigious commercialisation award, the RSE Enterprise Fellowship.
category_early category_mid category_senior category_commercialisation category_20000
Join us in welcoming the next cohort of academic entrepreneurs who have received our prestigious commercialisation award, the RSE Enterprise Fellowship.
category_early category_mid category_senior category_commercialisation category_20000

Deadline
28/04/2021 5:00 pm
Timeline
  • 1 October 2021 Start date
Value

Up to £100,000 in funding and business training support.

Duration

Full-time 12 months, part-time 24 months