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UC Berkeley’s Entrepreneur-in-Residence (EIR) Program in the USA
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- University of California, Berkeley posted 1 month ago
- Posted: February 6, 2025 -Accepting applications
Opportunity Detail
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Gender Male Female
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Level Non-Degree /Short program
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Eligible Region/Countries
Opportunity Description
Are you an experienced entrepreneur with a background in life sciences, technology commercialization, and the entrepreneurial drive? If so, University of California, Berkeley’s Entrepreneur-in-Residence (EIR) Program might be the perfect opportunity for you. This program offers experienced entrepreneurs the chance to explore life sciences research. EIR potentially helps to become a CEO and lead the commercialization of groundbreaking innovations.
The EIR program is a six-month initiative that connects entrepreneurs with some of the world’s most innovative life sciences researchers.
As an Entrepreneur-in-Residence, you will have the opportunity to assess the commercial potential of technologies, identify high-potential opportunities, develop strategic business plans, and work closely with UC Berkeley’s research community. If successful, you may even have the chance to launch and lead a new biotech startup based on Berkeley’s world-class innovations.
Key Details and Dates
- Application Deadline: February 26, 2025
- Funding Type: Monthly stipend
- Organizer: UC Berkeley Life Sciences Entrepreneurship Center (LSEC)
- Eligible Countries: All Countries
- Eligible Gender: Male/Female
- Target Group: Experienced entrepreneurs, senior management in high-tech startups
- Fields: Life sciences, biotech, technology commercialization
- Duration: Mid-March – Mid-September 2025 (six months)
- Program Language: English
- Host Country: USA (Berkeley, CA)
Benefits
Participants of the Entrepreneur-in-Residence (EIR) Program will benefit from the following items:
- Monthly Stipend of $3,000 per month (total: $18,000 for six months)
- Compensation for Time Commitment of 8 hours/week on average
- Access to Resources to leverage UC Berkeley’s intellectual property, venture funds, and research resources
- UC Berkeley retains a 20% equity stake in the resulting startup, with open negotiation for the EIR’s equity share
Eligibility Criteria
Applicants must meet the following requirements:
- Applicants must have senior management experience in an early-stage, high-tech startup
- Proven track record in raising non-dilutive, pre-seed, seed, and venture capital funds
- Experience with regulatory approval for clinical trials and commercial sales
- Expertise in developing and commercializing biomedical, pharmaceutical, biologics, or advanced materials
- Strong scientific and business skills, with experience managing stakeholders in academia and industry
Responsibilities:
The EIR will work closely with LSEC and the Chief Innovation & Entrepreneurship Officer to:
- Assess the commercial potential of technologies, focusing on those with new venture potential
- Identify and support 4-6 key technologies or opportunities
- Develop business plans, go-to-market strategies, and financial models
- Utilize UC Berkeley resources to advance commercial opportunities
- Secure early-stage capital and pitch to Berkeley-affiliated venture funds
- If viable, launch and lead a biotech startup based on Berkeley innovations
Required Documents
Please prepare and submit these application required documents:
- Cover Letter: Explaining your interest in and qualifications for the EIR program
- CV/Resume: Detailing your entrepreneurial experience and accomplishments
How to Apply?
- Prepare your cover letter and CV detailing your experience and qualifications.
- Submit your application via the UC Berkeley platform by February 26, 2025.
- After submitting, wait for the program’s review of your application and potential interview.
Further details and information regarding the EIR are available on the official UC Berkeley website.
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