Skip to Content

Center for Entrepreneurial Studies

 

Summer Interns

Applications for the 2008 Program have now closed. The information on this page is for reference; information for summer 2009 will be posted in the winter.

 

 

Introduction: Entrepreneurial Summer Program 2008

The Center for Entrepreneurial Studies offers the Entrepreneurial Summer Program (ESP) to support students working at selected early stage companies during the summer.

The program includes both program support here at the GSB, and financial stipends for approved company/student combinations. Program support is available for all students who spend the summer at an early stage company, regardless of whether funding is given.

Key points to know:

  • The deadline for completed and approved student/company applications is 12:00 noon, May 16, 2008. Note, you must have found a student and have made them an offer by then.
  • However, since stipends are awarded on a rolling basis, we may run out of funds before that.
  • Both the company and the student must meet certain guidelines (see right) for funding to be approved.

Recruitment ProcessAlterG

A company may either:

  • Apply in advance for funding pre-approval, then seek to recruit a student, or
  • Find a student intern and then apply together for funding

 

 

Pre-approval process for a company looking for a student:

  • Complete the company application and submit it to the CES.
    • Companies must offer a reasonable portion of compensation towards the targeted market average.
    • We will give you feedback, usually within 4 business days.
    • Because our deadline to receive the corresponding student application is May 16 (see below), we recommend you do this by early May, at the latest, to give you time to interview and select your student.
  • Post your position as soon as you can through the Recruiter Dashboard. This job board carries all jobs for GSB students, including those that don't qualify for ESP funding. Therefore, you don't need to wait for ESP approval to post the job.
    • We will publicize these postings to students via weekly email. However, we do not get involved in the selection process, nor offer a matching service.
    • If students are interested, they will contact you directly.
    • Extend an offer to a student.
  • The student then submits his/her application to us for approval. Deadline: 12 noon, May 16, 2008
    • Note, for our funding, we give preference to students receiving Financial Aid from the GSB. If you extend an offer to a student who has not qualified for financial aid they are less likely to receive ESP funds. They may still accept the job based on your compensation only.
    • International Students are eligible for funding.

For funding approval after making an offer to a student:

  • Extend an offer to a student, then submit your company application in conjunction with the student's application.
    • Companies must offer a reasonable portion of compensation towards the targeted market average.
    • Note, for our funding, we give preference to students receiving Financial Aid from the GSB. If you extend an offer to a student who has not qualified for financial aid they are less likely to receive ESP funds. They may still accept the job based on your compensation only.
    • International Students are eligible for funding.
    • The deadline for paired student & company applications is 12:00 noon, May 16, 2008.

    What then?

  • Once your company and the student are approved for ESP, s/he must submit a countersigned offer letter to the CES.
  • You negotiate directly with the student to set a start date.
  • You pay the student directly for your portion of the compensation.
    • Stanford will issue 2 payments to the student for our portion of the compensation.
    • If you modify your compensation to the student, we must be notified as it will likely affect the stipend amount.

Questions?

Contact Pauline Wiles at wiles_pauline @gsb.stanford.edu or 650-723-0887.