Expression of Interest for the GEECI
Entrepreneur-in-Residence (EIR) Program
At GEECI, we wish to recognize potential separate from and equally important as ability and nurture the transition between the two.
We therefore bring to you, the GEECI Entrepreneur-in-Residence or EIR program. This program provides ideas with potential for commercial scalability a solid scaffold comprising technical validation, proof-of-concept, customer feedback, and market research.
At the end of the program, which usually lasts six months, entrepreneurs enrolled in the program are given an opportunity to be reviewed for incubation at GEECI by submitting a comprehensive incubation proposal and business plan!
The selection process for the EIR program is as follows:
- Application to the EIR program through the form provided below
- Evaluation of the application by GEECI
- Signing of an agreement for full-time engagement (this agreement will include items like the monthly stipend, resource availability, reporting milestones and guidelines, and terms of confidentiality)
- Provision of access to GEECI facilities
The selection process for GEECI incubation upon successful completion of the EIR program is as follows:
- Submission of an incubation proposal and business plan to the GEECI selection committee
- (In case of selection by the committee) Provision of an Incubation term sheet, which will include items, such as seed capital, infrastructure, equity, and IP licensing.
Note
- The entrepreneur participating in the EIR program will be expected to be a co-founder of the startup established for incubation at GEECI.
- During the EIR program, the entrepreneur will be expected to assist GEECI with market research in their area of interest.
