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Entrepreneur in Residence (EIR)
Introducing the Entrepreneur in Residence (EIR) Role in Nuqleus’ Startup Builder Program
New generation of Nuqleus’ Startup Builder program brings several exciting news, one of the most significant being the introduction of experienced professionals in sales and business development as Entrepreneurs in Residence (EIR). Through this initiative, we provide ambitious, highly motivated professionals with extensive industry experience the opportunity to engage with Nuqleus’ cutting-edge startups.
Our goal is to create the perfect synergy between top-tier experts, capable of driving the next Microblink, Ghost Robotics, or TreeFrog Therapeutics to success, and world-class researchers who are developing groundbreaking solutions for pressing global challenges.
What is an Entrepreneur in Residence, and What is Their Role?
Nuqleus offers a unique opportunity to connect with a dynamic and innovative ecosystem of deep-tech startup founders, investors, and industry-leading experts. Entrepreneurs in Residence (EIRs) will join Nuqleus startups during the second phase of the Startup Builder program, playing a crucial role in the early stages of their development.
Upon joining a startup, EIRs will first collaborate with the founding team, providing strategic guidance and business development planning. This second phase spans three months, from April to June, with the EIR’s rights and obligations defined through a formal agreement. During this period, the EIR position is entirely voluntary.
At the end of the second phase, the founding team and the EIR will have the option to activate one of the contractual pathways: continued collaboration, where the EIR is awarded equity in the startup based on predefined goals or termination of engagement, if either party decides not to proceed further.
Nuqleus will offer legal support in defining the initial agreement between the EIR and the startup’s founding team.
Who Makes an Ideal Entrepreneur in Residence?
The ideal candidate for this role possesses a blend of experience, expertise, passion, and a drive to lead a startup that disrupts its industry through innovation. Key attributes include:
- Extensive expertise and leadership experience in sales and business development.
- A strong passion for innovation and a high level of motivation to help build a startup.
- In-depth industry knowledge, a well-developed professional network, and expertise in one or more of the following sectors: pharmaceutical industry, public health, electrical engineering, wholesale and distribution, smart cities, insurance, cybersecurity, waste management, energy, food industry, manufacturing and processing, tourism, and more.
- Additional assets: entrepreneurial experience and/or prior involvement in a startup.
What Are the Key Benefits for an EIR?
Entrepreneurs in Residence gain access to numerous advantages, including:
- Exclusive networking opportunities with startup founders, leading scientists, investors, and industry professionals.
- Enhancing their professional portfolio with key roles such as board member or co-founder.
- Equity ownership in a startup, earned through goal-driven contributions.
- A platform to showcase expertise and leadership, actively shaping innovation while strengthening personal branding.
- Collaboration with teams leveraging state-of-the-art discoveries, gaining insight into cutting-edge technologies.
- Participation in high-profile events focused on the development of Croatia’s startup ecosystem, with opportunities to connect with top global experts.
How to Become an EIR?
To apply for the Entrepreneur in Residence role, submit your application via the designated form. Once we review your application and determine your suitability for the role, we will invite you for an interview. The final step involves matching you with a selected startup and defining the terms of collaboration.
Applications for the Entrepreneur in Residence position are open until March 17, 2025, with EIRs expected to begin working with startups in April 2025.
