The Royal Academy of Engineering Enterprise Fellowships – funding available for post docs and recent graduates

money and cogs

The Royal Academy of Engineering Enterprise Fellowships scheme is now open for applications. The scheme supports both post-doctoral academics and recent graduates.

Enterprise Fellowships stimulate excellence and encourage creativity and innovation in engineering by supporting the founders and leaders of tomorrow’s high-tech companies, be they spin outs or start-ups. The awards provide money-can’t-buy bespoke support and one-to-one mentoring from the Academy’s Fellowship, which is composed of some of the country’s most successful engineers from across academia and industry. Support is provided to both university-based academics wishing to spin-out a company, and also to recent graduates wishing to create a company.

Prior experience of commercialisation activities is not required, the desire and capability to succeed is more important and we will equip you with the necessary skills through a programme of training and mentoring.

Awardees receive up to £60,000 funding, 12 months expert mentoring from successful entrepreneurs, bespoke training and membership of the Enterprise Hub.

The Academy is a charity and does not take any equity stake in the companies formed.

So if you are a postdoctoral researcher at a UK-based university with an innovation or technology you wish to develop through a spin-out, or you have graduated within the last five years and are seeking to run a startup in the UK, then this scheme will be of interest to you.

The application deadline is Monday 17 October, and more details are available on the website, or contact the enterprise team.