The Entrepreneurship In Residence (EIR) program will expose selected candidates to startup investment decisions such as startup concepts and company assessments, investor due diligence, firm operations, and other items related to investment thesis support.
The program will be supported by mentorship and programming from ETSU's Faculty as well as Angel Roundtable (ART) members and designates. This program will include hands-on experience and learning sessions based on ART activities occurring during each semester.
Typical diligence EIR subject areas include:
- Business model / Go to Market
- Corporate Structure / Infrastructure
- Deal Structure / Terms, Exit Strategy
- Financials and Cap Table
- Founders & management Team
- Intellectual Property
- Monetization & Growth Strategies
- Product Development
- Regulatory & Legal Issues
- Risk Assessment
What is the Angel Round Table?
The Angel Roundtable (ART) is a network of successful entrepreneurs, investors and other community and business leaders in the region who provide investment capital, strategic advice and mentoring to late seed and early stage companies to help them achieve market leadership. ART helps identify high potential entrepreneurs, supports their efforts to build and grow successful companies and to achieve venture returns on capital investments through a professional, collaborative framework. To learn more, click here.
Who should apply?
- Active /self-learner
- Excellent communication and presentation skills
- Strong interest in Angel/VC investing process and investor mindset
- Ability to evaluate a pitch and assess business plans
- Able to commit to attend ART Investment Presentation (IP) Meetings* (6 pm to 9 pm, Dates TBD, 1-2 per month)
Applicant Requirements and Eligibility
- Full time or part-time student at ETSU
- Declared ENTP minor with basic finance knowledge
- GPA of 3.00
- Prior professional experience in private equity or venture capital is not a requirement
- No specific background or resume will guarantee entry to the program
- Must be able to commit to a 6-month project including investment presentation meetings, individual learning sessions, and guided research supporting the investment thesis
- Must be eligible to enroll in ENTP 4550: Special Topics -Innovation/Entrepreneurship
-Selection process: Must fill out the application form and interview with ETSU faculty and select ART principals