Back to search results
Header Image

Enterprise Fellowships

Royal Academy of Engineering – Enterprise Hub

Enterprise Fellowships is a twelve-month accelerator programme designed to support talented university graduates to transform breakthrough engineering innovations into disruptive tech startups.

Enterprise Fellowships is not your ‘average’ accelerator, we were voted the 3rd most active accelerator by Sifted.eu in 2022. As a non-profit, the Royal Academy of Engineering Enterprise Hub does not take any fees, equity or IP.

What do we offer?

We are the experts in commercialising engineering research into successful, scalable businesses through a unique package of funding and training:

  • an equity-free grant of £50,000 for recent graduates and £75,000 for researchers
  • 75 hours of hybrid training
  • 1:1 business coaching and mentoring from our unrivalled network of the UK’s leading engineers and Royal Academy of Engineering Fellows
  • connections to our network of 100+ investors
  • subsidised access to our diversity and inclusion platform Culture+ for engineering startups
  • lifetime access to our co-working spaces in London and Belfast
  • lifelong membership to the Hub’s exclusive events and networking.

With Enterprise Fellowships, you will have a year to invest time and energy into your long-term business strategy and success.

We will cover business fundamentals, including:

  • leadership and operations
  • business modelling, value proposition and strategy
  • marketing, sales and customers
  • finance and funding sources.

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.

Who is eligible?

We provide training for potential founders to launch graduate startups and spinout companies in all areas of engineering and tech.

We are looking for aspiring startup founders from a UK university or research institute who:

  • have graduated within the last five years
  • OR are non-UK citizens with a recent PhD from a UK university

We are also seeking academics or researchers from any UK or Irish university or research institute wishing to spin out a company.

Enterprise Fellowships awardees may also access support from the Royal Academy of Engineering for a UK Global Talent Visa.

With our programme, you cannot work or study full-time or participate in another accelerator at the same time. Flexible options are available, please contact us to discuss.

What innovations are supported?

We support:

  • new innovations from any area of engineering, including but not limited to, agricultural, digital, biomedical, fintech, mechanical, electrical, chemical, nuclear, space technology
  • innovations that have been shown to work under test conditions at technology readiness level TRL4 or above
  • those who have raised less than £500,000 in equity

We can’t support consultancies, or ideas for mobile apps, websites or pure software-based creations unless they are underpinned by an innovative technology, such as your own proprietary AI or machine learning.

If your concept is at technology readiness level TLR2, you may be eligible for our Regional Talent Engines programme.

When can I apply?

Applications open on 15 January 2024 and Stage 1 closes on 26 February 2024. Please read our Essential Guidance Notes and submit your application online.

To apply please click the Apply button

Stage 1 is fast and painless and gives you a direct answer on whether your innovation is ready for business development. If you are successful, you will be invited to submit the Stage 2 application, which gets down to details to assess the potential of your pitch.

For all enquiries, please contact the programme managers at enterprisefellowships@raeng.org.uk.

Location: Belfast, Birmingham, Bristol, Cambridge, Coventry, Durham, Edinburgh, Exeter, Glasgow, Leeds, Liverpool, Manchester, Nottingham, Oxford, Sheffield, Southampton, United Kingdom, York
Salary: £50,000 to £75,000 Location is flexible, anywhere in the UK & Northern Ireland
Hours: Full Time
Contract Type: Fixed-Term/Contract
Placed On: 15th January 2024
Closes: 26th February 2024
   
We value your feedback on the quality of our adverts. If you have a comment to make about the overall quality of this advert, or its categorisation then please send us your feedback
Show all jobs for Royal Academy of Engineering …
Advert information

Type / Role:

Subject Area(s):

Location(s):

Job tools
 

PhD Alert Created

Job Alert Created

Your PhD alert has been successfully created for this search.

Your job alert has been successfully created for this search.

Ok Ok

PhD Alert Created

Job Alert Created

Your PhD alert has been successfully created for this search.

Your job alert has been successfully created for this search.

Manage your job alerts Manage your job alerts

Account Verification Missing

In order to create multiple job alerts, you must first verify your email address to complete your account creation

Request verification email Request verification email

jobs.ac.uk Account Required

In order to create multiple alerts, you must create a jobs.ac.uk jobseeker account

Create Account Create Account

Alert Creation Failed

Unfortunately, your account is currently blocked. Please login to unblock your account.

Email Address Blocked

We received a delivery failure message when attempting to send you an email and therefore your email address has been blocked. You will not receive job alerts until your email address is unblocked. To do so, please choose from one of the two options below.

Max Alerts Reached

A maximum of 5 Job Alerts can be created against your account. Please remove an existing alert in order to create this new Job Alert

Manage your job alerts Manage your job alerts

Creation Failed

Unfortunately, your alert was not created at this time. Please try again.

Ok Ok

Create PhD Alert

Create Job Alert

When you create this PhD alert we will email you a selection of PhDs matching your criteria.When you create this job alert we will email you a selection of jobs matching your criteria. Our Terms and Conditions and Privacy Policy apply to this service. Any personal data you provide in setting up this alert is processed in accordance with our Privacy Notice

Create PhD Alert

Create Job Alert

When you create this PhD alert we will email you a selection of PhDs matching your criteria.When you create this job alert we will email you a selection of jobs matching your criteria. Our Terms and Conditions and Privacy Policy apply to this service. Any personal data you provide in setting up this alert is processed in accordance with our Privacy Notice

 
 

Browser Upgrade Recommended

jobs.ac.uk has been optimised for the latest browsers.

For the best user experience, we recommend viewing jobs.ac.uk on one of the following:

Google Chrome Firefox Microsoft Edge