Entrepreneur in Residence Program
Open Technology Incubator is committed to helping you unleash your potential as an entrepreneur.
WHAT IS THE
Entrepreneur in
Residence Program?
During this 18-month residency program, Open Technology Incubator employs entrepreneurs and offers them capital that can be used to buy out salaried time while working on building their own company. As part of the program, OTI can also help guide founders through the process of establishing their entity.
BENEFITS OF THE EIR PROGRAM
Six benefits to help you build.
FULL-TIME SALARY & BENEFITS
Generally up to 18 months so you can focus on building your company.
SUPPORT TEAM
A team that helps every aspect of developing your business.
ACCESS TO EXPERIENCED OPEN SOURCE LEADERSHIP
Work alongside seasoned founders and experts with deep open source experience.
PARTNERSHIP & CONSULTING OPPORTUNITIES WITH OPENTEAMS
Partnership and consulting opportunities with OpenTeams.
FOCUS ON YOUR STARTUP COMPANY
More time and bandwidth dedicated to building your company.
OPPORTUNITY TO PARTICIPATE IN BUYOUT PROGRAM
Opportunity to participate in the Buyout Program.
THE BUYOUT PROGRAM
Service Credits. More time to build.
Our unique Buyout Program allows you to buy back up to 50% of your consulting time through externally funded Service Credits, giving you more time to focus on building and growing your company.
Externally Funded Service Credits
Service Credits are funded externally to support your participation in the Buyout Program.
Buy Back Up To 50% of Your Time
Service Credits can offset up to 50% of your consulting commitments.
Focus On Your Startup
Spend more time developing your company while remaining part of the EIR Program.
Build For Long-Term Growth
Use the additional time to grow your business and prepare for long-term success.
Interested in becoming an Entrepreneur in Residence?
We’d love to hear from you.