Entrepreneur In Residence (EIR)
An Entrepreneur in Residence (EIR) is an experienced entrepreneur temporarily affiliated with a venture capital firm or other organizations. EIRs work on developing new business ideas, mentoring startups, or exploring potential investments. This role offers entrepreneurs a platform to leverage their expertise while providing the firm with fresh insights and opportunities for innovation.
Key Takeaways
- Experienced entrepreneur affiliated with a venture firm.
- Develops new business ideas and mentors startups.
- Offers fresh insights and innovation opportunities.
- Temporary but strategic role.