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Entrepreneur In Residence Jobs in Michigan (NOW HIRING)

Entrepreneur In Residence information

See Michigan salary details

$8

$20

$26

How much do entrepreneur in residence jobs pay per hour?

As of Aug 24, 2026, the average hourly pay for entrepreneur in residence in Michigan is $20.06, according to ZipRecruiter salary data. Most workers in this role earn between $14.66 and $24.52 per hour, depending on experience, location, and employer.

What is an Entrepreneur in Residence (EIR)?

An Entrepreneur In Residence (EIR) is a temporary position, often at a venture capital firm, university, or large corporation, where an experienced entrepreneur is brought in to work on new business ideas, advise startups, or assist with investment decisions. EIRs leverage their entrepreneurial expertise to help organizations identify new opportunities, evaluate potential investments, or even launch their own projects with company support. The role is typically flexible and project-oriented, lasting from a few months to a year. EIRs benefit from access to resources and networks, while the host organization gains insights and leadership from proven entrepreneurs.

What are the key skills and qualifications needed to thrive as an Entrepreneur in Residence, and why are they important?

To thrive as an Entrepreneur In Residence, you need a strong background in business development, startup operations, and strategic planning, often supported by prior experience in founding or scaling companies. Familiarity with financial modeling tools, market research platforms, and CRM systems is typically required. Outstanding leadership, adaptability, and networking abilities help you build relationships and drive innovation within the organization. These skills are crucial for identifying new opportunities, advising startups, and creating value in dynamic and high-growth environments.

What are some typical challenges faced by an Entrepreneur in Residence (EIR) and how can they be addressed?

Entrepreneurs In Residence often encounter the challenge of quickly adapting to new industries and organizational cultures, as they are expected to bring fresh ideas while aligning with the host company’s strategic goals. Additionally, EIRs may need to balance long-term innovation with the immediate priorities of the business, which can require strong communication and stakeholder management skills. To address these challenges, successful EIRs actively seek feedback, build cross-functional relationships, and remain flexible in their approach to problem-solving and project development.

What is the difference between Entrepreneur In Residence vs Startup Advisor?

AspectEntrepreneur In ResidenceStartup Advisor
CredentialsExperience in entrepreneurship, industry knowledgeExpertise in specific industry or business areas
Work EnvironmentTypically within a venture capital firm or corporate innovation labIndependent or part-time, often consulting or mentoring
Employer & Industry UsageVenture capital firms, corporate innovation teamsStartups, accelerators, industry networks

While both roles involve guiding startups, an Entrepreneur In Residence usually works within an organization to develop new ventures, whereas a Startup Advisor provides strategic advice on a flexible basis. The EIR often has a more hands-on role in company development, while Advisors offer expertise without direct operational involvement.

What does an entrepreneur in residence do?

An entrepreneur in residence (EIR) is a professional who works within an organization, such as a venture capital firm or corporation, to develop new business ideas, evaluate startups, or provide strategic guidance. They often leverage their entrepreneurial experience, industry knowledge, and networks to support innovation and growth initiatives.

What job categories do people searching Entrepreneur In Residence jobs in Michigan look for?

The top searched job categories for Entrepreneur In Residence jobs in Michigan are:

Infographic showing various Entrepreneur In Residence job openings in Michigan as of August 2026, with employment types broken down into 33% Full Time, 33% Part Time, and 34% Contract. Highlights an 100% In-person job distribution, with an average salary of $41,728 per year, or $20.1 per hour.

Program Director and Portfolio Manager, Accelerate Blue Foundry

Ann Arbor, MI • On-site


University of Michigan
Colleges, Universities, and Professional Schools • 10K+ employees

8.0

Company rating: 8.0 out of 10

Based on 146 frontline employees who took The Breakroom Quiz

190th of 622 rated colleges and universities

Great coworkers

People enjoy working here

Good employer


$145K - $150K/yr

Full-time

Posted 4 days ago


Job description

How to Apply
A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.
Who We Are
Innovation Partnerships is the University of Michigan's technology transfer and commercialization office, translating U-M research into startups, licenses, and industry partnerships. Its Ventures team supports company creation and manages the Accelerate Blue Fund, an evergreen pre-seed venture fund that has invested in more than 25 University of Michigan startups. The Accelerate Blue Foundry is the Ventures team's flagship company-creation program, pairing external founding talent with university technologies and committing Accelerate Blue Fund investment to the startups that emerge.
Job Summary
The University of Michigan stands as one of the world's foremost engines for groundbreaking research, driving societal impact and economic growth through transformative innovation. Innovation Partnerships, a key unit within the Office of the Vice President for Research, plays a critical role in translating this research into real-world solutions by supporting commercialization, startup company formation, and growth. Through strategic connections with industry, entrepreneurs, and investors, Innovation Partnerships ensures that U-M innovations reach society, addressing critical needs, spurring economic development, and creating lasting, positive societal impact.
Innovation Partnerships is seeking an experienced program leader to serve as the Program Director and Portfolio Manager for the Accelerate Blue Foundry. The Accelerate Blue Foundry is a startup-creation program that recruits and vets experienced entrepreneurs, matches them to promising University of Michigan technologies, and supports each pairing through a structured, mentor-guided sprint to a fundable startup. Every credible company that forms as a U-M startup receives a guaranteed seed investment from the Accelerate Blue Fund. The Foundry has grown into a year-round, full-time operation that spans many stakeholders across the University and the regional and national innovation ecosystem.
This position is the dedicated day-to-day owner of the Foundry. Reporting to the Director of Ventures, the Program Director runs the program end-to-end , keeps its many stakeholders aligned and on schedule, and manages the growing portfolio of companies the program produces. The role requires strong operational leadership, excellent communication and relationship management, sound independent judgment, and the ability to move a complex, multi-party program forward without constant escalation. This is a highly visible role central to the University's startup-creation strategy.
Responsibilities*
Program Leadership and Operations
Serve as the dedicated operational owner of the Accelerate Blue Foundry, running the full annual cycle: technology nomination and listing, entrepreneur recruitment and screening, matching, the mentor-guided sprint, Pitch Day, and post-program follow-through. This includes designing, building out, and refining the program curriculum.
Own and maintain the program calendar, milestones, and deliverables so each cohort runs on schedule; make timely day-to-day operational decisions and keep all parties informed of what is happening next and why.
Continuously improve the program using cohort feedback and outcomes data, and codify repeatable processes, checklists, and templates.
Stakeholder Alignment and Communications
Serve as the primary point of contact and coordinator across Licensing Managers, Mentors-in-Residence, Principal Investigators, and entrepreneurs, setting clear expectations and proactively resolving day-to-day friction so the program runs smoothly and the team stays aligned.
Own Principal Investigator and entrepreneur communications throughout the cycle (nomination, matching, onboarding, curriculum, and expectation-setting), and consistently reinforce program criteria, including venture-scale and investment-readiness standards, across the office.
Develop and maintain guides, one-pagers, FAQs, and onboarding materials for each stakeholder group to set expectations upfront and reduce repeated questions.
Portfolio Management and Reporting
Track and report on the Foundry pipeline and the portfolio of companies that emerge from the program, including status, milestones, licensing progress, and investment readiness.
Coordinate with the Ventures and Licensing teams on the path from Pitch Day to license execution and Accelerate Blue Fund investment, and help connect companies to follow-on funding and University resources.
Maintain program metrics and prepare regular reports for Ventures leadership and program funders, including inputs for Michigan Economic Development Corporation (MEDC) reporting.
Recruitment, Marketing, and Partnerships
Partner with the communications team to drive entrepreneur recruitment and Pitch Day attendance, and help broaden and diversify the applicant funnel through ecosystem and national channels.
Build and steward relationships with ecosystem partners, mentors, and investors relevant to the program.
Support development of a rolling, opt-in application pathway for faculty with venture-backable startup opportunities.
Identify and pursue sponsorship opportunities.
Support grant and philanthropy opportunities on behalf of the Accelerate Blue Foundry.
Program Administration, Budget, and Compliance
Manage program logistics and budget, coordinate Pitch Day event execution, and ensure compliance with grant terms and University policies.
Required Qualifications*
Bachelor's degree in business, science, engineering, or a related field, or an equivalent combination of education and experience.
Minimum of five years of experience in program or operations management, startup or venture operations, technology commercialization, accelerator or incubator management, or a closely related field.
Demonstrated ability to run complex, multi-stakeholder programs end to end and to operate independently, balancing competing priorities and exercising sound judgment.
Strong organizational, project management, and communication skills, including the ability to make and communicate decisions and to keep many parties aligned.
Familiarity with startups, entrepreneurship, and the venture funding process.
Proven ability to build and manage relationships with a diverse set of stakeholders, including faculty, entrepreneurs, and external partners.
Excellent written, verbal, and presentation skills.
Skills You Have
KEY COMPETENCIES
Strategic Skill: Organizational Savvy, Ambiguity Management, Conflict Management, Business Acumen and Insight
Operations Management: Planning and Alignment, Priority Setting and Time Management, Process Management and Optimization, Action Oriented
Leadership: Drives Vision and Purpose, Integrity and Trust
Personal and Interpersonal: Communicates Effectively, Collaborative, Networking and Peer Relationship Management, Customer Focused
Desired Qualifications*
Master's or advanced degree (e.g., MBA or PhD).
Experience in university technology transfer, venture capital, or as a startup founder or early operator.
Experience managing accelerator or cohort-based programs.
Familiarity with the University of Michigan or a comparable academic research environment.
Experience in marketing and communications or in portfolio management and reporting.
Modes of Work
The position is designed as a hybrid role with a blend of remote and onsite responsibilities, requiring a recurring onsite presence. On occasion, you may be required and must be available to work onsite more frequently if necessitated by your job requirements. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment.
Modes of Work
Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes .
Additional Information
This is a four-year, term-limited position with the possibility of extension or conversion to a continuing position depending on funding.
Background Screening
The University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks are performed in compliance with the Fair Credit Reporting Act.
Application Deadline
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled any time after the minimum posting period has ended.
U-M EEO Statement
The University of Michigan is an Equal Opportunity Employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, including protected veterans and individuals with disabilities.
Job Detail
Job Opening ID
282057
Working Title
Program Director and Portfolio Manager, Accelerate Blue Foundry
Job Title
Associate Director
Work Location
Ann Arbor Campus
Ann Arbor, MI
Modes of Work
Hybrid
Full/Part Time
Full-Time
Regular/Temporary
Regular
FLSA Status
Exempt
Organizational Group
Umor Tech Trnsfr-Ott
Department
UMOR Innovation Pshps Admin
Posting Begin/End Date
8/21/2026 - 9/18/2026
Salary
$145,000.00 - $150,000.00
Career Interest
Administration

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About University of Michigan

Sourced by ZipRecruiter

The University of Michigan (U-M), based in Ann Arbor, MI, US, is one of America's most esteemed institutions in higher education. Established in 1817, it presides in the industry of education and research, providing a range of services including undergraduate, graduate, and professional education programs. Complementing this is an extensive research activity that has significantly contributed to various fields, from healthcare to engineering, humanities to sports. Upholding its mission "to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values", U-M consistently ranks among the top universities globally, a testament to its tradition of excellence in learning and research, and a deep commitment to innovation and discovery.

Industry

Colleges, universities, and professional schools

Company size

10,000+ Employees

Headquarters location

Ann Arbor, MI, US

Year founded

1817

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