Entrepreneur in residence

An entrepreneur in residence, or executive in residence (EIR), is a position commonly held by successful entrepreneurs in venture capital firms, private equity firms, startup accelerators, law firms or business schools. Typically, the EIR has led or currently leads a small, early-stage, emerging company with perceived high-growth potential or has demonstrated significant growth in terms of employees, annual revenue, or both.

Institutional fund may provide an entrepreneur in residence, or executive in residence, with the necessary working capital to facilitate expansion, new-product development, or the restructuring of a company's operations, management, or ownership.

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