entrepreneurinresidence

An entrepreneur-in-residence (EiR) is a professional who joins an organization on a temporary basis to develop new business opportunities, validate ideas, or support the organization’s portfolio of companies. The role originated in the venture capital sector as a way to gain deal flow, industry insight, and hands-on entrepreneurial experience, but has since spread to universities, research institutions, and corporate innovation programs.

EiRs are commonly found within venture capital firms, universities and research centers, and corporate incubators. In venture funds, they may scout opportunities, assess potential investments, or help incubate new startups that arise from the fund’s network. In universities or research institutions, EiRs typically assist with commercializing research, spinning out startups, or licensing technology. In corporate settings, they may explore new business models, build internal startups, or bridge external entrepreneurship with the company’s resources.

The role is usually time-bound, ranging from several months to a couple of years, and may be full-time or part-time. Qualifications typically include a proven track record as an entrepreneur or executive, experience in scaling companies, and domain expertise relevant to the organization’s focus. Compensation varies widely and may involve salary or stipend, and in some cases equity or equity-like incentives.

Outcomes of an EiR engagement can include the formation of new ventures within the organization, strategic guidance for portfolio companies, or the commercialization of research. Critics note that the temporary nature of the role can limit impact and that responsibilities may be ill-defined or misaligned with organizational goals.