Inspire and support entrepreneurial mindset development in students and staff

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Entrepreneurs in Residence (EiRs) provide invaluable services, either paid or voluntary, within universities and colleges. They support students, staff, and institutional leaders by fostering an entrepreneurial mindset and skills development. The impact of their work extends beyond the creation of start-ups or spinout companies; it includes inspiring and supporting potential founders or intrapreneurs on their journey into employment or future ventures. EiRs, often experienced founders themselves, bring their knowledge, networks, and real-world experiences to academic institutions, motivating and guiding budding entrepreneurs and intrapreneurs. What unites EiRs is a shared desire and ability to make a difference.
However - establishing these kind of roles in an academic organisation is not easy.

There is a lot to consider:
Is the organisation culture supportive of this kind of intervention?
What is a typical role profile of an EiR and how do we recruit them?
How do we ensure that they continue to deliver value over time?
How can we get best value from our EiRs?
How might we fund EiR roles?
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What problem does CONNECT-ED solve?
EiRs are frequently assigned to specific departments or schools within a university or college, often working independently and unaware of each other's efforts even within the same institution, leading to entrepreneurial isolation and several other issues.This leads to:
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Isolation
EiRs lack the ability to connect and share with those working across different schools, this also limits what can be offered to beneficiaries as impact is potentially limited to just one EiR’s capabilities and capacity.
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Duplication
Without knowing what other EiRs are doing, efforts in engagement, projects, resource building and systems change, risk being uncoordinated and inefficient at a minimum.
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Sub optimum impact
With little shared best practice, the support offered by EiRs can vary and the energies and resources that go into designing and delivering an approach may end up duplicated/having sub optimal impact.
We also observe geographic gaps in provision and a general lack of diversity of role models in the population of EiRs with more, and more representative, role models and advisors needed in terms of age, gender, ethnicity and lived experience/social mobility. This lack of diversity is a barrier to inspiring more individuals to consider founding as a potential career path.
How can CONNECT-ED help your institution?
Our aims are to solve the issues faced by institutions across the UK (and beyond):
To inspire and widen access, encouraging more individuals with the right expertise to engage with and support our academic institutions, delivering greater innovation and the resulting positive socio-economic impact.
Support institutions that are new to hosting EiRs in recognising the value they bring and, where needed, assist with recruiting and onboarding of EiRs, providing a new source of commercial champions to support start up and spinout companies
Support EiRs in their roles within your institution by sharing best practice and working models to increase innovation and entrepreneurship with measurable impact.
To maintain and raise standards of practice across the network
Identify and deliver on social mobility opportunities that are underpinned by entrepreneurial mindset and training.
Identify and deliver on social mobility opportunities that are underpinned by entrepreneurial mindset and training.
Act as a force multiplier, connecting EiRs and facilitating collaboration.
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Speak to the Connect-Ed team today
Access toolkits and advice on developing an EiR Cohort across your institution, helping to inspire and embed an entrepreneurial mindset into your institution.
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