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December 16, 2021 | Tom Ballard

The Angel Roundtable and ETSU announce new EIR program

The Angel Roundtable (ART) and East Tennessee State University’s (ETSU) College of Business and Technology are collaborating on what is described as a first-of-its-kind initiative in the Northeast Tennessee/Appalachian Highlands region.

It is a new “Entrepreneurship-In-Residence”(EIR) program designed expose student to the start-up investment process, specifically letting them see and participate first-hand in what it takes to make seed stage investment decisions. It is open to full-time or part-time ETSU students who have an interest in private equity and venture capital, but no related prior experience is required. Each rotation will last from six to eight months. Entry into the program is by selection; interested candidates can submit their applications at this link.

“With this EIR program, our students can complement their classroom entrepreneurship academics and projects with a real-world, hands-on angel/venture capital view of startup company assessment and investor due diligence” said Sonu Mirchandani, ETSU Program Director. His excitement was underscored by Tony Lettich, ART Managing Director, who said, ““It’s exciting to see that ETSU’s Entrepreneurship Program is scaling up student experiences into the world of angel investing and venture capital. Participating students will have an opportunity to learn how investors evaluate deal structure/term sheets, start-up business models, the competitive environment, go-to-market strategies and exit strategies.”

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