Funding Opportunities - Summer Internships & Awards

Internship  and Award Opportunities using Common Application Process
All internship awards listed here will share a common application process.  Details of each program, including application deadlines and application questions, can be accessed on its individual page.  Please visit the page of any programs you are interested in before hitting "Apply Now", to view details of the program and to preview the application questions pertaining to that internship program.  Note that the questions for each internship program are different. All applications will be taken electronically, via the following link.  Be prepared to complete the application in its entirety when you apply; there is no "save" option available.  Note that while in some cases it might make sense to apply to both a first and second choice of internship opportunities, you can only receive an award or stipend from one program. 

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The presentation from the January 16, 2015 Information Session is available here.

Kellogg Entrepreneurship Internship Program (KEIP) Stipend
Summer internships with entrepreneurial firms provide students the opportunity to ‘test’ entrepreneurship. Students can expect to undertake market research, analyze new pricing models and potential channels, explore exit strategies and more. Internships are 10 weeks and can be located anywhere in the world. If accepted, students will receive a stipend that will supplement their entrepreneurial salaries.

Nonprofit Internship Stipend
Kellogg provides a limited number of matching stipends to qualified students interested in exploring career options in the social enterprise field through a summer internship in a nonprofit organization. 

Project Impact Summer Internship Stipends and Awards
Financial support is available for students aspiring to have a positive impact across industry sectors and functional areas. Some students may choose to form a new venture while others may identify a specific intrapreneurial project where they believe they can have significant and sustainable impact. But what will hold true across all supported projects is that business acumen and market driven principles will be leveraged for sustainable positive impact on people and the planet.

NewDay Social Entrepreneurship Internship Award
Do you have an idea for a new impact venture?  Apply now for the NewDay Social Entrepreneurship Internship Award!  Business ventures with an integrated social and/or environmental mission (nonprofit or for-profit) that are located in or benefit the Chicagoland area are eligible for this award.  Involvement of Northwestern students outside of Kellogg, particularly undergraduates, is encouraged and recognized during the evaluation process. 

Private Equity Internships
Private equity investors increasingly need specific industry and operating expertise in order to generate above-market returns.  This creates an opportunity for MBA students across a spectrum of career paths to make meaningful contributions to growing middle market companies.

Corporate Innovation Internships
Corporations understand the importance of innovation to keep themselves relevant and competitive.  Corporations are seeking younger and entrepreneurial-trained recruits to infuse new ideas into the corporation.  Kellogg wants to be on the forefront of training and placing students in corporate innovation labs. 

Center for Family Enterprise Summer Internship Cohort Program
Would you like to complete a summer internship within your family’s business, another family’s business, or within a family foundation or philanthropy with the support of a professor from the Center for Family Enterprises (CFE)? The Center for Family Enterprise Summer Internship Cohort Program is for first-year students who are considering entering/re-entering their family enterprise sometime after graduation.

LEAP Innovations Summer Startup Award
Do you have an idea for a new education technology? Apply now for the LEAP Innovations Summer Startup Award! This program is designed to help launch or support an edtech startup and is generously funded by LEAP Innovations and KIEI.

Internship Programs With Their Own Application Process
Innovation to Commercialization (I2C) Fellowship
The new Innovation to Commercialization (I2C) Fellowship is a student-centered and highly selective program being administered by the Innovation and New Ventures Office (INVO) and sponsored by McCormick School of Engineering, Kellogg School of Management, Northwestern Law and Feinberg School of Medicine. This opportunity offers graduate students (Master's, PhD, MBA, and JD candidates) first-hand experience in handling intellectual property as it pertains to academia. Whether a student is innovative and/or entrepreneurial, this fellowship is a practical way to be exposed to the entire commercialization process. Regardless of experience level, all students at the participating schools are encouraged to apply for one of the 6-8 paid fellow positions. The program will run for 8 weeks, tentatively June 22 through August 14, 2015.
For more information and to apply:  http://invo.northwestern.edu/innovation-commercialization-i2c-fellowship.
If you have questions, please contact Sonia W. Kim, PhD, INVO Marketing Manager, at sonia.kim@northwestern.edu.