Grants Announced for Companies to Hire Interns to Support Global Growth
Presented by: Wisconsin Economic Development Corporation, UW-Madison's Partnership for Global Talent Program
Small to midsize Wisconsin companies can apply to receive partial support for hiring an undergraduate intern for the summer of 2016 to assist in implementing the companies’ global growth goals.
The University of Wisconsin-Madison’s Partnerships for Global Talent Program, funded by the Wisconsin Economic Development Corporation (WEDC), is designed to help Wisconsin companies grow internationally while also helping college students develop global business skills.
The program provides up to $4,000 per intern to help offset the costs associated with hiring an intern. Each participating company can host up to two interns. Each participating company is expected to contribute matching funds that meet or exceed WEDC’s contribution, or to secure matching funds from another source.
The program is open to Wisconsin companies with 500 or fewer employees. Preference is given to companies in Wisconsin’s driver industries, including advanced manufacturing; aerospace; bioscience; energy, power and control; food and beverage; and water technology. The internship can either be located in Wisconsin, with an international focus of work, or it can take place at an overseas facility of a Wisconsin company.
Companies seeking more information can submit an initial expression of interest via the IIP website. From there, staff from UW-Madison’s International Internship Program (IIP), which administers the program, will help companies determine whether the program suits their needs and how to structure the internship to provide maximum benefit for both the company and the student intern. If companies choose to proceed with pursuing funding after these discussions, they must complete the long-form application by Sept. 30, 2015.