Resources to Venture Further

Whether you’re looking for non-dilutive financial support, mentorship, networking or opportunities to gain more real-world experience, you’ll find it here. Kellogg maintains a rich portfolio of internships, fellowships and awards to propel you and your venture forward.

Kellogg students and, in some cases, alumni are eligible to apply for the following opportunities.

Social Impact

Learn more about internships and funding for Social Impact

Internships and Internship Stipends

Gain real-world experience working within a startup, scaling company or on a corporate innovation team while completing your Kellogg MBA.

Application deadlines, questions and requirements may vary by program.

Entrepreneurship

Kellogg Entrepreneurship Internship Program (KEIP) Stipend

2021 Stipend Funding Application

Summer internships with startups provide students the opportunity to ‘test’ entrepreneurship or gain the relevant experience to launch their own company. In order to make these internships financially viable, KEIP provides a limited number of stipends. Through this program, students can apply for a $7K stipend, but must secure a minimum of $5K and a max of $7K in additional compensation from the internship employer. Application requires signed offer letter.

We offer this stipend funding on a first-come, first-serve basis over the winter and spring quarters until the available funding has been fully allocated.

While KEIP internships may span a variety of industries and functions, the host company must meet the following criteria:

  • Have 150 or fewer employees
  • Have annual revenues of $50 million or less
  • Defined a project that addresses a high-priority company goal
  • Be willing to have the intern work directly for senior management
  • Provide between $5K-$7K in compensation to student intern

Alternatively, a VC firm or a VC portfolio company can also qualify as a host company.

Stipends are restricted to Kellogg students in the summer between their first and second years at Kellogg.


Project Impact – Summer Internship Funding

More information 

Financial support is available for students participating in social impact internships during the summer quarter while enrolled in the Kellogg MBA program. This also includes student funding for social entrepreneurs working on their ventures full-time over the summer quarter. Project Impact funding is made possible through a generous gift from the Combe Family. Students must be participating in a summer internship with significant social impact to be considered for funding.

Growth & Scaling

Growth & Scaling Internship Stipends

2021 Stipend Funding Application
Internships

Do you hope to take one of the many paths to entrepreneurship through acquisition? Are you interested in owning or running your own mid-sized company? Would you like to work with a private equity firm to provide specific industry and operating expertise that they need in order to generate above-market returns? There are opportunities for MBA students across a spectrum of career paths to make meaningful contributions to growing middle market companies.

Through this program, students can apply for a $7K stipend, but must secure a minimum of $5K and a max of $7K in additional compensation from the internship employer. Application requires signed offer letter.

We offer this stipend funding on a first-come, first-serve basis over the winter and spring quarters until the available funding has been fully allocated.

Stipends
While Growth & Scaling internships that will be eligible for a stipend may span a variety of industries and functions, the host company must meet the following criteria:
  • Have annual revenues of at least $3 million
  • Be willing to have the intern work directly for senior management
  • Provide between $5K-$7K in compensation to student intern

Stipends are restricted to Kellogg students in the summer between their first and second years.


Fellowships

Entrepreneurship

Zell Fellows Program, Venture Tracks

More information

Introduced during the 2013-14 academic year and funded by Sam Zell, the Zell Fellows Program at Kellogg is designed to be a unique, applied entrepreneurial experience for a select number of MBA candidates with a passion for new venture creation. The program combines resources, mentoring, experiences and a community to provide an aspiring entrepreneur with the tools and resources needed to develop, launch and grow a successful venture upon graduation. Zell Fellows are known not just for their intellect, drive and entrepreneurial passion, but also for their humility, collegiality and desire to support others aspiring to create new ventures with lasting value. 


Youn Impact Scholars

More Information

This elite group of Kellogg students and alumni is positively changing the world through the application of business practices. Youn Impact Scholars are highly regarded in all sectors for their intellect, passion and drive, but most importantly for their willingness to help and support others. They are launching new enterprises, influencing policy decisions and leveraging the private sector for positive social change.

Growth & Scaling

Zell Fellows Program, Entrepreneurship Through Acquisition Track

More information

The Zell Fellows Program is designed to be a unique, applied entrepreneurial experience for a select number of Kellogg MBA students. The program combines resources, mentoring, experiences and community to support student-entrepreneurs. The Entrepreneurship Through Acquisition track is designed for students wanting to prepare for acquiring a company sometime in the future. Students interested in this track may be interested in the traditional search fund model, a self-funded search, an incubated search, an apprenticeship or CEO-in-training program, or another of the paths to owning a company.

Funding

Entrepreneurship

Zell Fellows Program, Venture Tracks

More information

Introduced during the 2013-14 academic year and funded by Sam Zell, the Zell Fellows Program at Kellogg is designed to be a unique, applied entrepreneurial experience for a select number of MBA candidates with a passion for new venture creation. The program combines resources, mentoring, experiences and a community to provide an aspiring entrepreneur with the tools and resources needed to develop, launch and grow a successful venture upon graduation. Zell Fellows are known not just for their intellect, drive and entrepreneurial passion, but also for their humility, collegiality and desire to support others aspiring to create new ventures with lasting value.


Summer Startup Stipend

2021 Stipend Funding Application

The Summer Startup Stipend is intended for students who have business concepts that have been tested to determine that there is a compelling product-market fit. In order to be eligible, students must be committed to working full time on their own ventures over the summer in lieu of another internship or funding opportunity. Students may request up to $10,000 in funding though final decisions will depend on the quality and quantity of the applications received and determined by the committee.

Stipends are restricted to Kellogg students in the summer between their first and second years. In order to be eligible, students must demonstrate involvement with entrepreneurship at Kellogg and significant traction with their venture, be committed to working on their venture over the summer and have a written recommendation by a Northwestern University faculty member.

Students who are eligible for Social Impact funding will be precluded from receiving the Startup Stipend.


Entrepreneurship at Kellogg Travel Funding Program

The Entrepreneurship at Kellogg Travel Funding Program helps cover travel expenses, such as economy airfare, hotel accommodations, ground transportation, and registration fees for entrepreneurship competitions and conferences related to a Kellogg student’s project or venture. The maximum reimbursement amount per person will be determined by the geographic region of the event and available funding, and a maximum of two students per team can be reimbursed for each competition or conference. 

To be eligible for reimbursement, a student must request approval from the Entrepreneurship at Kellogg staff at least two weeks in advance of the travel. If applying for funding for a competition, students must also schedule a coaching session from an Entrepreneurship faculty member prior to the competition date. Students will be required to complete a feedback survey about their participation in the competition or conference before their reimbursement will be processed.

To request approval, please fill out this form with all required information and a member of the Entrepreneurship at Kellogg team will review your request. If you have any questions about the program or your eligibility, please email kiei@kellogg.northwestern.edu.

 

Project Impact – Rolling Funding

More information

Financial support is available throughout the school year 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 or consulting project where they believe they can have significant and sustainable impact. Project Impact funding is made possible through a generous gift from Christopher and Courtney Combe. Funding is available in two broad categories: 1) Social Impact Learning Experiences and 2) Social Entrepreneurship.


Kellogg Social Entrepreneurship Award

More information

The Kellogg Social Entrepreneurship Award is intended for students with an idea for a sustainable solution to one of today’s most pressing social challenges.

Growth & Scaling

Zell Fellows Program, Entrepreneurship Through Acquisition Track

More information

The Zell Fellows Program is designed to be a unique, applied entrepreneurial experience for a select number of Kellogg MBA students. The program combines resources, mentoring, experiences and community to support student-entrepreneurs. The Entrepreneurship Through Acquisition track is designed for students wanting to prepare for acquiring a company sometime in the future. Students interested in this track may be interested in the traditional search fund model, a self-funded search, an incubated, search, an apprenticeship or CEO-in-training program, or another of the paths to owning a company.

Networking

Kellogg Entrepreneurs Organization

The Kellogg Entrepreneurs Organization is a community of students building new ventures at Kellogg. KEO selects a group of 20-25 high-performing entrepreneurs. The organization provides a support network for Kellogg students building businesses to help them through the critical stages of launching and building their ventures. Member PODS meet weekly and provide an opportunity for students to deep dive into their businesses with a diverse set of entrepreneurs and develop a tight knit community during and after Kellogg. Mentors, including top entrepreneurs, professors, and investors, provide group and personalized feedback to help students strengthen their businesses and make critical decisions. KEO aims to inspire growth, and enable students to build sustainable start-ups through a life-long community.

Entrepreneur in Residence Program

The Entrepreneur in Residence Program provides students interested in entrepreneurship with the opportunity to receive guidance from and network with entrepreneurs, investors, and other industry experts. Students may sign up for a 30-minute, one-on-one meeting with EIRs through Campus Groups. Students who attend these meetings report multiple benefits:

  • Customized, tailored feedback on students’ ventures or concepts
  • An experienced view of entrepreneurship challenges already overcome by the EIR
  • A point of time by which to organize the most salient questions relating to the venture or aspirations to become an entrepreneur
  • Confidential answers to questions
  • Potential networking benefits
  • Potential relationship with the EIR
Sign up for an appointment with an EIR on Campus Groups, or submit questions to the Kellogg Innovation & Entrepreneurship Initiative via kiei@kellogg.northwestern.edu.

Events

The Kellogg Innovation and Entrepreneurship Initiative hosts events year-round for students, alumni, faculty and a strong entrepreneurial network.

News

Our faculty and programming provide real-world insights and solutions to the broader business community.

Other pages in Student Experience:

Pages in KIEI Home