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There will be an 'in-residence' component where you will help shape the opportunity with the 'problem-hunting' team as you transition into the CEO role. * Transforming custom sales in manufacturing ...

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Assistant Professor-in-Residence, Criminal Justice [R0152897]Skip to main content# University of ... Individual will also play a role in a proposed new executive/professional master's degree in ...

UP.Labs

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As of Sep 12, 2026, the average yearly pay for executive in residence in the United States is $82,146.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,500.00 and $100,000.00 per year, depending on experience, location, and employer.

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An Executive In Residence (EIR) is a temporary or advisory role where an experienced executive mentors, advises, and supports an organization, often in startups, venture capital firms, or academic institutions. EIRs leverage their industry knowledge and leadership experience to guide strategy, operations, and growth initiatives. They may help with fundraising, business development, or innovation efforts. The role is typically flexible and may lead to a permanent executive position or a new entrepreneurial venture.

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An Executive In Residence (EIR) often works on a wide range of projects, including advising early-stage startups, developing business strategies, mentoring leadership teams, and sometimes even leading new initiatives within an organization. EIRs may be tasked with evaluating potential investments, conducting market analysis, or helping scale operational processes. They typically collaborate closely with founders, investors, and other executives, offering practical insights drawn from their own leadership experience. This dynamic and varied workload allows EIRs to make a significant impact while broadening their own expertise and professional network.

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To thrive as an Executive In Residence, you need a proven track record in executive leadership, industry expertise, and strategic business development experience, often backed by an advanced degree such as an MBA. Familiarity with financial modeling tools, project management systems, and analytics platforms is commonly required. Outstanding interpersonal skills, adaptability, and mentoring ability help executives build relationships and guide teams or startups. These skills ensure Executives In Residence can provide valuable guidance, foster growth, and drive impactful results within organizations or incubator programs.

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Executives in residence are typically paid for their time and expertise, often through a salary, stipend, or consulting fee. Compensation varies depending on the organization, the scope of the role, and whether the position is full-time or part-time.
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Infographic showing various Executive In Residence job openings in the United States as of September 2026, with employment types broken down into 1% Internship, 89% Full Time, 6% Part Time, and 4% Contract. Highlights an 83% Physical, 4% Hybrid, and 13% Remote job distribution, with an average salary of $82,146 per year, or $39.5 per hour.

Entrepreneur in Residence Fellowship

Bentonville, AR • On-site

Gitwit
Technology, Communication and Media • 11 - 50 employees
Learn more about Gitwitexternal

Full-time

Re-posted 6 days ago

Job description

Lead a venture from day zero inside an AI-first venture studio

Some of the strongest entrepreneurs never get the seat that would prove it.

They've been in the early-stage room before as a founding product manager, a first general manager, or the third hire who ended up running half the company. They've shipped real things. They've sat across from customers and learned what nobody else in the building knew. They have an instinct for what could be a company and what shouldn't be.

But they haven't gotten to lead one yet.

If that's familiar, this is for you.

The Entrepreneur in Residence (EIR) program is a 6-month fellowship with Renaissance Philanthropy in partnership with Gitwit Venture Studio and part of the new Northwest Arkansas Innovation Fund from Renaissance Philanthropy. You will be part of Gitwit's new Northwest Arkansas office. This program is designed for the operator who has already been close to the work of building a company, and is ready to step into the seat that runs it.

This is not your typical fellowship. It's not a research role. It's not the version of EIR where you spend six months refining your own thesis. We're a problem-first studio. We find the problems. You'll lead the work of turning one into a real company.

You'll learn by doing the actual job: customer discovery, market validation, prototype direction, early sales, investor pitching, the whole sprawl alongside the partners, engineers, and design partners that make the studio engine run.

From Gitwit's Perspective 

Gitwit is an AI-first venture studio. We find problems worth solving, validate them rigorously, and build AI-native companies from the ground up. We're on pace to launch 15+ ventures in the next four years.

We're opening our Northwest Arkansas office in Bentonville in Summer 2026, and as we expand the studio engine, we want to find the region's hidden entrepreneurs. The operators we know are out there, doing impressive work as the second-in-command or running real things on the side, who would thrive in a CEO chair if they got the chance to step into it.

The Entrepreneur in Residence Fellowship is that chance.

The EIR Fellowship is also a structural investment in the NWA ecosystem. The more experienced venture leaders this region has, the stronger the next generation of companies built in Northwest Arkansas will be. The venture studio and its ventures will be the hands-on classroom that enables a real-world education and the muscle memory that will drive long-lasting impact on venture generation and employment in the region.
This is the closest thing to running an early-stage company before you actually have one. From day one, you'll be doing the real work of venture creation: talking to users, pressure-testing the problem, shaping the product, selling early, and figuring out whether what's in front of you deserves to become a company.

That includes:
  • Leading customer discovery. Getting in front of real users and design partners. Asking sharper questions than they're used to. Learning what the market actually says, not what you wish it said.
  • Doing first-person market research. Going deep into a problem space. Talking to operators, buyers, and adjacent players until you understand the terrain better than anyone we could hire to brief us on it.
  • Shaping the product. Working closely with engineers, designers, and partners to take a concept from raw idea to working prototype to product in users' hands.
  • Running early sales. Pitching to design partners and prospective customers. Closing them. Learning what makes them say yes, what makes them stall, and what makes them walk.
  • Building the pitch. Sharpening the story to investors, partners, and future hires the way an early-stage CEO has to.
  • Helping decide what's real. Sitting at the table when we decide whether a concept becomes a feature, a product, or a company, and bringing the conviction (or the cold water) that comes from doing the work.
  • Operating across the full surface area. Like any real early-stage CEO, you'll be jumping between five different functions in a single day. That's the role.
You won't have a curriculum. You won't have a structured program. You'll have access to the partners, the engineers, the design partners, and the systems that make Gitwit ventures work, and the expectation that you'll use them.

The Path Forward

This is where this role gets serious.

The 6-month fellowship length exists for a reason. It gives you a real shot at the work, and it gives us a real shot at seeing how you lead.

The primary outcome we're designing this program for is you becoming the founding CEO of a Gitwit venture. That's the path we want this to take. If the work goes well, the concept earns the right to exist, and the fit is there on both sides, that's how this ends.

It's not guaranteed. Venture timing, fit, and how the work goes all matter, but it's a real path, and we'll be honest with you about it the whole way.

And if the Gitwit venture path doesn't end up being the right move, you'll leave with something rare: months of running the early-stage CEO playbook for real, a portfolio of work and conviction that didn't exist before, and the chops to go start your own company. Either way, you'll be more equipped to lead a venture than the day you walked in.
The strongest candidates for this role will tend to have several of these traits:
  • They have evidence of operating. Maybe they were the founding product manager or first general manager at a startup. Maybe they ran a side venture for years. Maybe they shipped real things as a solopreneur. The form doesn't matter. "I lead the work of making things happen" does.
  • They have an instinct for what should be a company. They can sit with a problem space and find the sharp edges that matter. They know the difference between a feature, a product, and a company.
  • They are voracious learners. They go figure things out. They ramp on new domains fast. They can talk to an industry expert today and pitch the same industry tomorrow.
  • They move well in ambiguity. They don't need every variable resolved before making progress. They create clarity by doing the work.
  • They have taste. They care whether something is sharp, useful, and worth a customer's time and money. They have a point of view about quality.
  • They have founder instinct that hasn't been blunted. Whether they've been at a startup or quietly running things inside a bigger company, they still have the urgency, the ownership reflex, and a bias toward action that the work demands.
  • They want to be in the room. Collaboration, in-person presence, and real proximity to customers, partners, and the team are part of what makes this experience what it is.
You don't need a specific resume. But you should be someone who has been operating in the gravitational field of company-building for a while and is ready to step fully into it.
  • A stipend in recognition of your participation in the fellowship, totaling $91,000 over six months, paid monthly
  • Real venture-leadership experience inside an active AI-first studio
  • A path to becoming the founding CEO of a Gitwit venture
  • High-trust, high-autonomy culture
  • Your own workspace in our new, dog-friendly Bentonville office
  • Weekly team lunches
  • The chance to be in the room for the launch of Gitwit's Northwest Arkansas operation

Location and Work Style

This is an in-person role based in Gitwit's Bentonville office. We're open to candidates who would relocate for the right opportunity, but this isn't a remote role. If you become a full-time employee, it is expected that you will build the business in Northwest Arkansas. 

That said, we're flexible with real life. Some days you'll work from home: the plumber, a kid's appointment, a heads-down working session. What we can't flex on is the overall in-person presence that makes the studio engine work.

Although your fellowship stipend and contract will be with Renaissance Philanthropy, you will report to the Northwest Arkansas Operating Partner at Gitwit during the fellowship.

There will be a rolling admissions process; however, some candidates may need to wait one to three months before another venture is ready, or they may work on early-stage discovery before the next venture is ready.

How to Apply

No cover letter. No generic note.

This is the Gitwit Builder's Application. It does a better job of surfacing your unique capabilities than a resume will.

Don't spend time on polish. Raw and conversational beats fancy. Notes, doc, markdown, Notion, video, whatever works for you.

Click "Apply Now" to dive in.
Diversity

Renaissance Philanthropy and Gitwit encourage anyone who is interested in this role to apply, regardless of whether you feel you meet 100% of the qualifications. The top candidates will bring their own unique perspectives, experiences, and backgrounds from a variety of industries, along with many but not necessarily all the skills listed above.
Recruiting, hiring, mentoring, and retaining a diverse workforce is critical to our success. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. 
Renaissance Philanthropy is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.


About the Northwest Arkansas Innovation Fund

The Northwest Arkansas Innovation Fund exists to accelerate growth through two inaugural programs named for the area code in Northwest Arkansas-Catalyze479 Fund and Launch479: Entrepreneur in Residence and Engineer in Residence Fellowship.

About Renaissance Philanthropy

Renaissance Philanthropy is a nonprofit organization with a mission to fuel a 21st-century renaissance by increasing the ambition of philanthropists, scientists, and innovators. The organization designs time-bound, thesis-driven funds led by field experts and inspires talent to take action through playbooks and communities. In the first two years, Renaissance Philanthropy catalyzed $533M in philanthropic funding for science, technology, and innovation, launching 22 time-bound, thesis-driven, philanthropic funds and programs addressing global challenges. 

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