Student internships

International internships for UT students, summer 2018

Business and innovation internships with travel to India for up to 12 students

Internship overview:  IC² Institute of The University of Texas at Austin is sponsoring an 8-10 week summer internship in coordination with its technology commercialization programs in India.

The internship occurs during the UT-Austin summer term and begins on Monday, June 4, 2018.  Interns may complete the internship on July 27 (8 weeks) or may continue for an additional two weeks and complete the internship on August 10.  Interns will be expected to devote 40 hours per week to their internship, primarily at IC² Institute, 2815 San Gabriel Street, Suite 3.102, Austin.

Interns will spend the first two weeks of July in India.  The internship is unpaid, but international travel expenses (airfare and accommodations) are covered.

Training and mentoring will be provided by IC² Institute managers.  Assignments will be related to assisting women entrepreneurs in India grow sustainable innovative businesses.

Acceptance to the internship is competitive.  Both undergraduate and graduate students may be considered for the internship.

More information is provided below.

 

IC² Institute is a research unit of The University of Texas at Austin, focusing on entrepreneurial wealth creation.  Its international programs are designed to help various regions around the world prosper through commercialization of innovation and the establishment, sustainability, and growth of innovative new businesses.  IC² Institute international managers provide training and assistance to entrepreneurs outside of the US and to organizations supporting entrepreneurs.  Additionally, IC² Institute evaluates the impact of its training and assistance and seeks to discover and share information about best practices for economic development through technology commercialization.

The IC2 Institute Research in Entrepreneurship and Commercialization Challenge (REACH) internship will provide UT Austin students with experiential learning opportunities, including opportunities to

  • Learn and practice skills related to the commercialization of an innovation
  • Learn and practice skills related to international business
  • Work closely with an innovator from India
  • Conduct research on the market potential of an innovative business idea
  • Develop a strategy for commercialization of a particular idea
  • Create written reports that document and analyze data relevant to a business strategy

Interns will be required to be registered for a UT internship course related to their degree plans (e.g. BA 353, LA 320wb, PA 396K, COM 350, NSC 322, UEX LA 320, etc.)

Students will be supervised by IC² Institute managers and directors, including during their time abroad.  Supervisors will provide regular informal feedback to interns on their work, as well as formal evaluations of interns mid-way through the internship and at its conclusion.

 

Schedule of Activities and duties during the internship:

June 4-15:

For the first two weeks of the internship, interns will work in Austin with IC² Institute staff, learning institute methodologies, practicing skills related to commercialization and international business development, and researching and exploring market opportunities for an assigned innovation from India.  Some readings will be required, and these can be done during internship hours.  Students will at times work in teams and at times work independently. Frequent short instructional sessions, led by IC² supervisors, will be held for the group of interns during this period.

June 18-29:

The innovators/entrepreneurs representing the assigned innovations from India will be in Austin.  Innovators are expected to be young graduate students with little or no experience in international business, but with strong interest in taking their ideas to market.  Interns and innovators will collaborate on strategy, research, and analysis for commercialization, and interns will mentor innovators in methodologies they have already mastered.  Intern-innovator pairs will make plans for further analysis work to occur in India. (Mid-term supervisor evaluations will occur at the end of this period.)

July 2-13:

Interns, accompanied by IC² supervisors, will spend this period in India, gathering information on aspects of their innovations and markets within the home country.  The base of operations for the two-week period will be IC² Institute’s “Nexus” incubation program at the US Embassy’s American Center in New Delhi.

July 16-27:

Interns will return to Austin, working at IC² Institute and preparing detailed reports on market opportunities for their assigned innovations.  Additional primary-source research—with potential customers, distributors, or partners—will also be conducted.  This will conclude the internship for some interns.

July 30 – August 10:

Selected interns will continue working at IC² Institute.  Their primary role will be to facilitate business meetings for the most promising innovations.  (Final supervisor evaluations will be completed by August 13 for all interns.)

 

Qualifications and how to apply:

Experience in international business and technology commercialization is not required.

However, strong interest in these topics, as well as some background (coursework, exposure, or independent exploration) in business concepts, business communication, or technology business ideas is required.

Interested students should email an up-to-date resume and application letter to

Debra Dzwonczyk

Assistant Director, IC² Institute, The University of Texas at Austin

debra@ic2.utexas.edu

The letter should describe the student’s interest in international business, commercialization of innovation, global development, and/or any other relevant career interests.  The letter should also describe relevant coursework, studies, or experience.

 

Tentative timeline for application and selection process:

February 2:  Deadline to email resumes and application letters.

February 12-23:  Interviews of applicants.

March 2:  Notifications to students accepted or wait-listed for the internship.

March 9:  Students’ acceptance letters due.

 

Additional notes:

  • Selected students will be required to attend an information/preparation session offered by the UT International Office before they begin travel, and will be required to purchase overseas insurance ($19/week) to cover their two-week travel period.
  • Selected students will be expected to have and maintain, at their own expense, passports and visas valid for travel.
  • Selected students will be expected to work on their own laptop computers while in Austin and while traveling.

 

Please note that this internship can be offered only to students enrolled at The University of Texas at Austin.