Expression of Interest for Entrepreneurs in Residence: Join the EIC Tech to Market Venture Building programme and support the creation of EIC-backed deep-tech ventures

Brussels, June 1st 2023
Summary
  • The EIC Tech to Market Venture Building programme invited Entrepreneurs in Residence to work with researchers for six months part time to turn research into deep tech startups.
  • Entrepreneurs in Residence would participate in due diligence, business ideation, validation and could become eligible to join the founding team after residency.
  • Applications were closed and talent matchmaking was planned to run through the programme implementation period, with details on remuneration to be discussed with selected candidates.
  • The programme sits inside the EIC Business Acceleration Services which provides a broader suite of market and scaling support for EIC awardees.

EIC seeks Entrepreneurs in Residence to help turn research into deep tech startups

In mid 2023 the European Innovation Council launched an Expression of Interest for Entrepreneurs in Residence to participate in the EIC Tech to Market Venture Building programme. The role offered a six month, part time residence during which entrepreneurs would join EIC-led due diligence and lead business ideation and validation activities alongside researchers from EIC Pathfinder and Transition projects. The public call described access to mentors, industry specialists and potential cofounders, and highlighted the possibility of joining the venture as a founding team member after the residency.

What the Entrepreneur in Residence role involved

Duration and commitment:The advertised term was six months and part time. During this period the entrepreneur would embed in the programme's ideation and validation processes and work with scientific teams and external experts to assess market potential.
Core activities and responsibilities:Entrepreneurs in Residence were expected to co-create the company vision with researchers, explore and validate use cases, identify niche markets, define business models, lead initial customer and partner outreach, design pilots, recruit team members and build trust with potential cofounders. They were also set to manage relationships with shareholders and to take responsibility for the team's survival beyond the venture building phase. The role therefore combined early stage business development, team building and stakeholder management.

The announcement emphasized access to a community of experts, investors and industrial partners and described the position as a 'front row seat' to the EIC's approach to venture building. In plain terms this meant exposure to EIC due diligence, workshops, and tailored support services during the residence.

Who the EIC wanted to recruit

Ideal candidate profile:The programme looked for serial entrepreneurs with a track record in early stage companies, a capacity to translate scientific innovation into a clear value proposition, and an entrepreneurial spirit. Technical know how was required in at least one specified thematic area so that the entrepreneur could engage credibly with research teams.
Thematic areaWhat experience is usefulWhy this matters
Advanced materials for energy and environmental sustainabilityMaterials R&D, productisation, supply chain knowledgeMaterials ventures face long development cycles and regulatory constraints
Architecture, engineering, construction technologiesScale up of hardware solutions, pilot managementConstruction procurement and pilots require domain contacts and long sales cycles
Energy systems and green technologiesEnergy market knowledge, grid integration experienceEnergy projects often need validation with utilities and regulators
Food chain technologies and sustainable foodFood science, regulatory pathways, manufacturing scale upFood tech ventures need early manufacturing and safety validation
Health and biotechnology, medical technologies and devicesClinical, regulatory, translational experienceHealth ventures require clinical validation, clear regulatory strategies and long timelines
Quantum tech and electronicsHardware commercialisation, ecosystem partnershipsQuantum and electronics require deep hardware expertise and access to specialised supply chains
Renewable energy conversion and alternative resource exploitationProcess engineering and pilot deployment experienceScaling resource conversion usually demands capital intensive pilots
Responsible electronics, space systems and technologiesSystems engineering, certification and industry partnershipsThese sectors combine complex engineering and high customer validation thresholds

The list of thematic areas highlights that the EIC was targeting entrepreneurs comfortable with science heavy, capital intensive and regulatory sensitive sectors. That requirement narrows the candidate pool but aims to reduce friction in researcher entrepreneur collaboration.

Application status, selection and compensation

How to apply and current status:At the time of the announcement applications were open but the published call later stated that applications are closed. Candidates were told to monitor the programme page for future opportunities and updates. The T2M programme also noted that it was pausing activities and expected to resume in 2026. Interested candidates were directed to the EIC Community platform and to a helpdesk option for questions.
Selection approach and talent matchmaking:Talent matchmaking was to be ongoing during the programme implementation period. The programme planned two major talent brokerage events each half year where profiles and team needs would be matched. The T2M team committed to contact candidates if they were considered a good fit. At that point more detailed participation requirements would be provided so candidates could decide whether to enroll.
Compensation and retribution:The public information did not include standardised payment terms. Details on compensation were to be discussed directly with selected candidates. This left financial terms, equity arrangements and other practical commitments to negotiation during the selection phase.

The lack of transparent, published compensation and equity guidance is not unusual in early stage venture building calls but it increases the negotiation burden on candidates and can create uncertainty about incentives and long term commitment.

How the Venture Building offer fits inside EIC Tech to Market and the EIC BAS

What is the EIC Tech to Market programme:Tech to Market aims to help researchers funded under EIC Pathfinder and Transition schemes move from lab to market. The programme combines entrepreneurship training and venture building services to improve market readiness and to create startups from research outputs.
Venture Building phases explained:The Venture Building pathway was described as comprising four main phases. These are Tech Demo Days to showcase technologies and receive market feedback, Opportunities Exploration for feasibility assessment, Team Creation where recruitment services and Entrepreneurs in Residence are used, and Venture Support Services offering advisory help on IP, finance and HR.
PhasePurposeTypical outputs
Tech Demo DaysExpose technology to market actors and gather feedbackMarket signals, initial interest lists, refinement needs
Opportunities ExplorationAssess technical feasibility and commercial potentialFeasibility assessments, recommended pivots
Team CreationRecruit founders and early team membersFounding team, role definitions, talent matches
Venture Support ServicesAddress gaps such as IP, finance, pilots and HRAdvisory reports, pilot agreements, fundraising plans

The Venture Building track sits within the EIC Business Acceleration Services or BAS. The BAS is a broader set of supports that includes corporate partnership programmes, international trade fairs, investor readiness, procurement matches and coaching. Since 2021 the BAS reported numerous matchmaking meetings and funding outcomes for awardees. These ecosystem services are designed to reduce friction for deep tech ventures that typically face longer development timelines and require specialised buyer or investor introductions.

Practical implications and caveats for prospective applicants

The position offered real access to networks and structured venture building support. That access can be valuable for entrepreneurs who want to engage with high quality research teams. The role also comes with typical early stage risks. Research based ventures often require lengthy technical validation and regulatory work. The announcement made clear that the Entrepreneur in Residence would be expected to help ensure the team's survival beyond the venture builder stage, but it left many operational details unspecified. These include precise remuneration, equity allocation, IP ownership or licensing terms, time allocation rules, and the interaction between the research organisation and commercial entity.

Practical due diligence candidates should run:Before committing to a residency candidates should clarify IP ownership and licensing, confirm the expected time commitment and remuneration, obtain a draft term sheet or cofounder agreement, understand who will fund pilots and first prototypes, and ask how conflicts of interest between the research institution and the startup will be managed. Candidates should also map the regulatory and capital needs of the specific technology sector.

Where to get more information and next steps

The EIC asked interested entrepreneurs to register their profile for a talent pool and to monitor the EIC Tech to Market programme page for future open calls. Inquiries were to be routed through the EIC Community contact options and the programme helpdesk by selecting the appropriate subject. The Tech to Market programme page later stated that the programme was paused and expected to resume in 2026. Prospective applicants should therefore check the EIC Community portal for the latest status and for any future reopening of calls.

Contact and updates:Use the EIC Community platform and the programme page to stay informed. For specific questions choose 'EIC T2M Venture Building Programme' or 'EIC T2M Entrepreneurship Programme' on the helpdesk. Keep an eye on EIC BAS announcements and the Community events calendar for talent brokerage events and new calls.

Bottom line

The EIC Tech to Market Venture Building offer represented a structured route for experienced entrepreneurs to co-create startups from European research. It combined access to networks and advisory services with the practical tasks of validating markets and building teams. The promise of becoming a founder after residency is attractive but applicants should approach the opportunity with careful due diligence on IP, compensation and long term governance. Public information left several implementation details to negotiation and the programme later entered a pause with a planned resumption in 2026. Candidates should therefore remain alert to new calls and seek clarity before committing time or accepting a founding role.