Find Nonprofit and Small Business Grants

Advance Search

Only Available for Paid Subscribers
Clear Filters
Search Filters

Opportunity for USA Students and Tennessee Startups and Entrepreneur Centers to Implement an Internship Program

Summer Internship Program

GrantWatch ID# 200310
Agency: Foundation

Funding Source
Launch Tennessee
Array ( )

Geographic Focus

Important Dates
Deadline: 03/03/23 Save

Grant Description
Opportunity for USA students and Tennessee startup companies, venture firms, and entrepreneur centers to implement internship programs during the summer. Undergraduate and graduate students interested in entrepreneurship or venture capital may apply for an internship, while state-based companies may apply to host participating interns. Selected student interns will work at an entrepreneur center, high-growth startup, or venture firm in Tennessee, and will receive a stipend, networking guidance, and professional development assistance.

In the framework of the Summer Internship Program, undergraduate and graduate students have participated in Tennessee’s startup community via paid summer internships. Interns work at one of the funding source's statewide partner entrepreneur centers, high-growth startups, or venture firms across Tennessee.

Tennessee-based startups, venture capital firms, and entrepreneur centers are invited to apply to host a summer intern. LaunchTN will facilitate intern recruitment, and onboarding support, and may share costs for the student stipend. For selected interns, they offer networking and professional development opportunities throughout the summer.

The program offers three different tracks - Startup, Ecosystem Builder, and Venture Capital - to provide interns with hands-on experience in their chosen field.

  • Startups: Interns will have the opportunity to work with a Tennessee-based startup, learning on the job from successful entrepreneurs. 
  • Ecosystem Builder: The Ecosystem Builder Track allows interns to work at Tennessee-based entrepreneur centers, which support founders in cities statewide. 
  • Venture Capital: Venture capital firms offer interns the chance to work with a venture capital team that's investing in startups. 


  • Compensation begins at $15 per hour
  • Participate in the program from May to August 2023, with flexible start and end dates depending on student schedules and company preferences
  • Report directly to a supervisor at the host company or entrepreneur center
  • Have access to a mentor(s) or advisor(s) in addition to their assigned supervisor
  • Participate in a LaunchTN onboarding event, join professional development events, and have the opportunity to participate in the Summer Summit.


  • Host companies accepted into the program may receive funding from LaunchTN to help cover the cost of the intern.
  • Host companies may recruit their own student candidates and are not required to select from LaunchTN’s applicant pool.
  • Interns will be on a full-time schedule (40 hours/week) over a 12-14 week period (depending on students’ school schedules).
  • Host companies are not guaranteed an intern. Successful placements require mutual interest from the company and the intern applicant, as well as adherence to the timeline and program requirements.
  • Host companies are responsible for intern payment throughout the duration of the internship period.
  • Host companies may apply for more than one intern on a single application. 

Company Benefits:

  • Program promotion to recruit student applicants
  • Applicant screening
  • Selected candidate-information packets to host companies
  • Intern management plans, as needed, in conjunction with host companies
  • Student contracts
  • Networking and learning events for interns
  • Social media platforms and other opportunities for alumni and current participants to connect on
  • Education for interns on resources in the startup community
  • Exit surveys and program data


Additional Eligibility Criteria
Eligible Interns:
- Currently enrolled as a college student (including in doctoral or master’s programs) or recent graduate (no earlier than December 2022)
- Ability to relocate in Tennessee for the internship term OR work remotely
- Interested in entrepreneurship and working in a flexible, ever-changing environment
- Curious and adaptable
- A strong communicator
- Interested in entrepreneurship and innovation, startups, startup ecosystems, venture capital, and technology

Eligible Companies:
- A Tennessee-based startup, entrepreneur center, and venture firm
- Tennessee-located and remain in the state through the summer 2023 internship term
- Clear and meaningful internship scope of work for potential intern

Pre-Application Information
Application deadline: March 3, 2023

Estimated Size of Grant
Compensation for student interns begins at $15 per hour.

Term of Contract
Interns will participate in the program from May to August 2023, with flexible start and end dates depending on student schedules and company preferences.

Contact Information
Online Application:
- For students:
- For host companies:

Contact with any questions.

Launch Tennessee
1321 6th Ave N.
Nashville, TN 37208

Grant Writers For Hire - Grant Writer Team Grant News Grant Writers For Hire - Grant Writer Team
Live Chat Chat Now