MassTech Intern Partnership to Connect Students with Growing Tech Companies for Summer 2016

Tuesday, April 5, 2016

MassTech Intern Partnership to Connect Students with

Growing Tech Companies for Summer 2016

State Effort Aims to Boost Startups and Scaling Tech Companies,

Grow and Establish Strong Pipeline of Tech Talent Statewide 

WESTBOROUGH – The Massachusetts Technology Collaborative (MassTech) has launched the MassTech Intern Partnership for summer 2016.  The MassTech Intern Partnership helps students and graduates build meaningful connections to the Commonwealth’s tech sector, offering matching funds to eligible tech companies which hire local interns. The program enables eligible start-up and scaling digital technology companies to engage qualified college students to help keep our dynamic tech sector vibrant and growing throughout the state.

“Massachusetts universities and colleges are among the best in the country, and produce students with the skills and knowledge that keep pushing our economy forward,” said Secretary of Housing and Economic Development Jay Ash. “Connecting them with our vibrant, envelope-pushing tech community ensures a strong pipeline of talent into our most promising companies, and ensures we keep the brightest minds in the Commonwealth.”

The MassTech Intern Partnership supports internships at digital technology startups and companies that are on the critical pathway to growth. Eligible firms can be reimbursed 50% of their intern’s stipend or up to $4,800 per intern for up to two interns during the program period.

“The internship partnership sends a powerful message to innovators and entrepreneurs in the Commonwealth and around the globe: when it comes to the innovation economy, Massachusetts is the place to be,” said House Speaker Robert A. DeLeo. “I am very proud of the success of this program, which was created through a House economic development bill, and I thank MassTech for its passionate commitment to implementing the initiative, as well as the companies and students who have participated.”

Firms must meet certain eligibility criteria to qualify for a stipend, including:

  • Headquartered in Massachusetts;
  • Operating in a growing segment of the Massachusetts digital technology sector, such as big data, digital health, robotics, software development, or digital gaming, among others;
  • Have 100 or fewer employees;
  • Plan to hire a student or recent alum (<= 1 year out of school) who is either a resident of Massachusetts (but may go to school out of state) or a student at one of the Commonwealth’s two- or four-year institutions; and
  • Be able to pay the chosen student intern as an employee (not a contractor) of the company.

“Having been both an entrepreneur and an educator at Tufts, I know first-hand how critical it is to connect students with the Commonwealth’s tech community through programs like the Intern Partnership,” states Pamela Goldberg, CEO of the Massachusetts Technology Collaborative. “Through these roles, students can build on their education by developing more advanced technical skills, increasing their knowledge of product development and marketing, and by establishing professional connections. All these factors will help them become more valuable members of the Commonwealth’s innovation workforce.”

To help make internship matching faster and easier this summer, MassTech has also partnered with the New England Venture Capital Association on the second year of the TechGen program. Technology firms and students are encouraged to utilize TechGen’s new, interactive web platform to manage interest from companies and students across the Commonwealth. Interested Mass. companies can sign-up with the TechGen program to post a profile, list openings for summer 2016 internships, and search for skilled intern candidates. Interested students can also post their profiles and resumes, indicate which in-demand job verticals they’re most interested in, and search and apply directly to internship openings. TechGen offers a valuable and comprehensive summer experience, more deeply connecting local talented students to the broader tech ecosystem.

“A vibrant state-wide internship program helps emerging local tech companies advance their immediate R&D projects, while simultaneously developing a pool of world-class talent,” states Eric Paley, Managing Partner of Founder Collective. “Massachusetts' universities educate some of the world's most brilliant minds and the state’s support for internship stipends and the TechGen program connects them to local companies in an effort to retain that talent and encourage future entrepreneurial effort.”

Massachusetts companies interested in applying for a stipend through the MassTech Intern Partnership can simply fill out a short application and email it back to MassTech, along with supporting information sourced from their TechGen profile. The MassTech website outlines complete application steps.

Since launching in 2013, the MassTech Intern Partnership has supported a total of 231 internships for Massachusetts students at 112 companies across the Commonwealth.  The program has received positive feedback from program participants, including 86% of surveyed interns rating it an overall favorable experience and 92% who said their position provided valuable skillsets. Over 89% of companies said they would likely continue to mentor their intern after the position ended, highlighting the critical connection and community building that is at the core of the program.

Profiles of several past participants are highlighted on the MassTech website.

 

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The Massachusetts Technology Collaborative is an innovative public agency working to enhance economic growth, accelerate technology use and adoption, and harness the value of research by engaging in meaningful collaborations across academia, industry, and government.  From improving our health care systems and expanding high-speed internet across the state to fostering emerging industry clusters, MassTech is driving innovation and supporting a vibrant economy across the Commonwealth. 

The Innovation Institute at MassTech was created in 2003 to improve conditions for growth in the innovation economy by enhancing industry competitiveness, promoting conditions which enable growth; and providing data and analysis to stakeholders in the Massachusetts innovation economy that promotes understanding and informs policy development. 

For more information visit www.masstech.org.

 

MEDIA CONTACT:

Brian Noyes, Senior Communications Manager

(508) 870-0312 X: 293, noyes@masstech.org