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RAEng Enterprise Fellowships open for applications – £75,000 seed funding grant

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

Enterprise Fellowships is funded and delivered by the Royal Academy of Engineering Enterprise Hub, and we do not charge fees or take any equity. 

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 up to £75,000
  • 75 hours of hybrid training delivered by St Johns Innovation Centre from the University of Cambridge
  • connections to our network of 100+ investors 
  • 1:1 business coaching and mentoring from our unrivalled network of the UK’s leading engineers and Royal Academy of Engineering Fellows 
  • lifetime access to our co-working spaces in London and Belfast 

Who is eligible? 

We are looking for aspiring entrepreneurs who are: 

  • recent graduates 
  • international PhD students 
  • researchers at any career stage 

What enterprises are supported? 

We support: 

  • academic spinouts with a 50% or less university equity stake 
  • startups from self-employed PhD students and graduates 

Apply by 27 February 2023 to join the programme in July 2023. Successful applicants will be invited to submit a Stage 2 application.