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The Entrepreneurship-in-Residence Ph.D.Programme (EIR-Ph.D.) provides recently finished or nearly finishing Ph.D. candidates from the University
of Edinburgh's School of Informatics with three months of salary while they
pursue further research and development of their high-growth,
technology-related start-up ideas. The EIR-Ph.D . programme is
administrated by the Edinburgh-Stanford Link (ESL), a collaboration between
the universities of Stanford and Edinburgh. ESL is situated within the School of Informatics. Funding for the programme is provided by the
European Regional Development Fund (ERDF), which is administered by the
European Union (EU).
What are the terms of the ESL ? EIR programme?
The EIR-Ph.D. programme for the Spring of 2007 will commence on the
Thursday, the 1 st of March and end on Thursday, the 31st of May, 2007. During
these three months under contract, the EIR-Ph.D.(s) will interact with the
ESL and other related parties to further explore and develop their ideas and
opportunities. Technical research and development will be conducted in order
to bring the project along closer to viability.
The EIR-Ph.D. is open to Ph.D. candidates in the School of Informatics at
the University of Edinburgh who have submitted their thesis between the 1
st of July, 2006 and the 31 st of January, 2007, or who have taken a
suspension or leave of absence in order to pursue a new startup opportunity.
Proposed ventures must have a scientific and technology element and have the
potential for high growth and job creation here in Scotland. EIR-Ph.D.
applicants must be serious about actually starting their businesses (this is
not just an academic exercise).
The EIR-Ph.D.s will be required to provide weekly and monthly progress
reports to members of the ESL. Also, they will be expected to pitch in
certain forums and attend networking events. In addition, monthly timesheets
and progress reports will need submitted as well.
The contract will be at the Grade of 6.3 (£23,457 gross pay, pro-rata to 3
months), at a standard 35 hour working week. Also, the Ph.D. EIR will be
granted 2.5 days of holiday per month, and be eligible for all University
holidays as well. Finally, the Ph.D. EIR will have the option to join the
Universities Pensions Scheme.
All EIRs are responsible for ensuring their own working status is legal in
Scotland and/or the United Kingdom. Expert sources should be consulted in
this matter. The ESL does not claim to be an immigration expert or
authority.
What about after May 31st, 2007?
EIR-Ph.D.s may then want to apply for the EPIS programme for a June 2007
start. The EPIS programme is one year in length. EPIS should be applied for
early in the Spring of 2007 if not before; its url is:
http://www.epis.org.uk/apply.htm . Other possibilities include the 2)
Royal Society of Edinburgh's Enterprise Fellowship programme. The website should be checked for updates and application directions.
Usually applications are made in October of each year; 3) Local incubators
such as the Alba Centre or Start International; 4) Funding schemes such as
SMART and SPUR; 5) SCIS; 6) ETF funding and 7) a combination of the above.
Intellectual Property
Contracts will be with the University of Edinburgh , during which time any
and all intellectual property will be owned by the University of Edinburgh. This will
be assigned over to the new company shortly after incorporation,
and will take the form of a convertible loan.
EIR application process
Please send the following via email:
The application is due by Friday, the 9 th of February, 2007. Send
via email to: Michael Clouser, Associate, ESL Michael.clouser@gmail.com
Preference will be given to candidates with Informatics-related ideas,
especially those who might want to pursue the commercialization of their
research. Such is in-line with the goals and mission of the ESL.
Candidates will be contacted the week afterward the closing date, and the
Autumn Ph.D. EIRs announced by Friday, the 23 rd of February, at the
latest. The Ph.D. EIR (s) will be expected to start on Thursday, the 1stof March, 2007.