The Enterprise Fellowships are open to international students from all over the world to pursue doctoral studies at the Royal Academy of Engineering UK. Innovative and creative entrepreneurial engineers are supported by this program who have depicted an exceptional novelty in engineering which they want to develop further.

The program emphasises on preparing the awardee with the skills, experience, confidence and network of expert advisers required to enable them to develop their innovation. Three types of individuals are supported by Enterprise Fellowships; recent graduates wishing to create a company, researchers wishing to spin out a company from a university or research institute, and international PhD students based in the UK, wishing to spin out or start up.

Enterprise Fellowships – The Royal Academy of Engineering provide the recipient with the following benefits:

• Up to £75,000 equity-free startup funding grant,
• Expert business mentoring and coaching,
• 15 days of business training,
• Membership in our Equality, Diversity and Inclusion toolkit,
• Access to our community of Hub Members, Academy Fellows, investors, industry experts and partners,
• Flexible working space at the Taylor Centre, our physical hub,
• Hub membership for life.

To be eligible for Enterprise Fellowships – Royal Academy of Engineering, the following criteria are to be fulfilled:

• Required Language: English.
• Eligible Countries: All World Countries.

Broadly speaking, we support:

• Researchers wishing to spinout a company from a university
• Recent graduates seeking to found a startup
• International PhD students (already based in the UK) wanting to spinout or startup

You meet our key eligibility criteria if:

• The Technology Readiness Level (TRL) of your solution is 4 or above
• Equity investment in your business is less than 500,000 GBP
• Your innovation is protectable and you own or co-own the IP
• Within the founding team, you own the highest equity stake in the company
• You are, or have the ambition to be, the CEO or COO of the business
• For startups: you are not a student or otherwise employed during our programme
• In addition for startups: you have completed your very first university degree by 1 July 2018
• For spinouts: you are currently employed by the university
• If relevant, your PhD viva will be held no later than 30 November 2023

Please ensure you read the full list of eligibility criteria before applying.