Entrepreneur-in-Residence program
Gain skills and knowledge from an experienced entrepreneur to operationalize new venture ideas, focusing on financial acumen and business modeling
Program overview
The Entrepreneur-in-Residence (EIR) program offers undergraduate and graduate KU students pursuing the launch of a new venture the opportunity to work with a successful entrepreneur.
Through one-on-one sessions, participants will develop their confidence in financial matters to advance their business.
- Learn what critical questions to ask about the economic feasibility of your business ideas.
- Discover how to objectively assess whether your ideas and business model choices are financially practical.
- Get hands-on experience, investing significant time and energy into your venture.
"In the journey of entrepreneurship, financial acumen isn't just an asset; it's a necessity. Understanding the numbers behind your venture illuminates the path from startup to success."
Who should apply
Undergraduate or graduate KU students who are actively working toward the launch of a new venture
What to expect
The program begins spring 2024 with a cohort of three to four students.
Participants can expect to meet every two-three weeks with the EIR over the course of the term, with five to ten hours per week of additional engagement.
Other benefits
Participants receive a $1,000 scholarship and could earn a $5,000 non-dilutive seed grant to advance their business ideas. This is not a competitive grant — all participants have an equal chance to earn it, provided they present their business model canvas to a panel and articulate a spending plan for the grant.
How to apply
Admission to the EIR program involves a competitive process using the application form below, including a project plan, a personal statement outlining educational goals, and a commitment statement to meet the program's time demands.
Successful applicants should have persuasive communication skills, coachability, availability, and a demonstrated understanding of value proposition and customer needs for their prospective venture.