Michael Tran undertook the Venture Internship to focus on his business, MLT Media. You can read more about his experience on the ideas@Beedie blog.
Through Venture Intern, Venture Connection assists a select group of qualified, enterprising MBA students to work on a new venture concept or existing business during the last, experiential semester of their degree.
This is a self-employment opportunity with no associated salary. The program satisfies the curricular requirements for the MBA internship semester.
Successful Venture Intern applicants will enter full-time (min. 30 hrs/week) participation in Venture Connection’s early stage business incubator for the duration of the Intern work term.
Next Application Deadline:
Thursday, June 30, 2016
(Fall 2016 term)
What a Venture Internship can offer you
As a Venture Intern, you will have access to:
- Regular meetings with an experienced mentor to discuss your business and explore ways to launch, grow, or refine your strategy.
- Dedicated office space at SFU-BBY or SFU-SUR, or regular drop-in space at SFU-Harbour Centre. Meeting and board room bookings available on all campuses.
- Access to networking events, volunteer business advisors, service providers, relevant contacts and industry experts.
- Promotional support.
- Other business development services.
To be considered for Venture Intern, a student must be preparing for their MBA Internship semester. Check eligibility with SFU Career Management Centre.
Students applying to Venture Intern must meet all of the following prerequisites:
- Have a clear business idea.
- Have a services, product or licensing business model which plans to employ multiple people and where business growth is a major objective. It cannot be a structure to achieve a ‘lifestyle’.
- Be a self starter, driven and want to be an entrepreneur.
- Be prepared to commit full time to the proposed venture without living expense support.
- Have at least 50% of its management control held by SFU students.
- Have a clear business concept and presentation.
- Have defined management roles and five or fewer members on its management team.
Monitoring and Evaluation
During the course of the work term, the Venture Intern participant will be monitored and evaluated as per Beedie School of Business guidelines. For Venture Intern participants, SFU Venture Connection assumes the supervisory and evaluative role undertaken by an employer within a regular internship but implements monitoring and evaluation in line with its Incubator procedures.
One of Venture Connection’s Mentors-In-Residence (MIR) will be assigned as the Venture Intern’s lead mentor and will regularly review progress with the Venture Intern participant to help them achieve the milestones set for the business during the work term duration (normally four months). The Lead MIR will assign experienced additional mentors from the MIR or Venture Affiliate Program to work with the participant as required.
The Venture Intern participant and associated team will be held to the same standards as all full-time Venture Incubator Program participants.