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What Is An Entrepreneur-In-Residence?

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- EIR Definition: Entrepreneur-in-Residence (EIR) roles vary by institution, often focusing on developing fundable business concepts within venture capital firms or universities. - Roles in VC Firms: EIRs typically have a proven track record, assisting with due diligence, operational support, and creating new companies for funding. - University EIR Experience: At universities, EIRs help commercialize research innovations and mentor faculty and students to foster entrepreneurial culture. - Examples of Success: Successful startups from EIR involvement include SolarBridge Technologies and Semprius, with varying degrees of executive roles assumed by the EIR. - Current EIR Trends: EIRs are now engaging with emerging technologies, often identifying and guiding promising startups or technologies for investment opportunities.