INTERNSHIP FUNDING INFO SESSION - Center for Social...

INTERNSHIP FUNDINGINFO SESSION

October 6, 2016 5:30-6:30pm

socialimpact.umich.edu

AGENDA• Center for Social Impact Funding Opportunities

• Impact Corps – Academic Year• Impact Corps – Summer• The Summer Fund

• Intern Experiences & Other Resources • Application Key Dates

CENTER FOR SOCIAL IMPACT MISSIONTo prepare and inspire leaders tosolve complex social challenges.

• Cross-sector leadership• Multidisciplinary skill building• Action-based, practical learning• Catalyze careers with impact• Deliver positive, lasting change

IMPACT CORPSACADEMIC YEAR

socialimpact.umich.edu

• Gain deep exposure to the opportunities and challenges faced by a Detroit-area social enterprise

• Develop skills and perspectives by acting as a “team member” of a social enterprise

• Receive mentorship, and help a social enterprise with a significant project

• Seminar sessions to discuss issues of practical and broader concern (once every 3 weeks)

• Earn 3 course credits (Winter Term) for successful completion (Course begins Fall-B)

OVERVIEW

IMPACT CORPS – ACADEMIC YEAR

• MBA-2 and Senior BBA students (graduating no earlier than May 2017)

• Commitment of 6-8 hours per week (~ 3 hours on site)• Program cycle (November 2016 – April 2017)• Complete an individual 6-month project for

partner organization

REQUIREMENTS

IMPACT CORPS – ACADEMIC YEAR

PARTNER ORGANIZATIONS

IMPACT CORPS – ACADEMIC YEAR

HOW TO APPLY

Placements confirmed on a rolling basis through Mid-Nov• Today: Review handout details and indicate interest via

Google file link• October 20 by 5pm: Eligible students must indicate interest• By Nov 4: Select students invited to interview• Mid November: All students placed with partner org

IMPACT CORPS – ACADEMIC YEAR

IMPACT CORPSSUMMER

socialimpact.umich.edu

OVERVIEW10-week competitively-paid consulting summer internship

with a top mission-driven organization

Formerly known as Domestic Corps; a leading nonprofit co-placement program amongst business school students.

Since its inception in 1993:• Nearly 400 students have participated in the program• 118 nonprofit agencies have received assistance from

our students

IMPACT CORPS - SUMMER

OVERVIEW

• Wide range of projects include:• Develop business strategies or strategic plans• Program creation, marketing and financial analyses• Social enterprise initiatives

• Hands-on, senior-level experience working with leaders within the organization• Board of directors, CEOs and executive directors• Influential partners and industry leaders

IMPACT CORPS - SUMMER

IMPACT CORPS SUMMERExample Organizations

IMPACT CORPS- SUMMER

REQUIREMENTS• Open to BBA juniors, MBA1s, and Evening MBAs

(graduating no earlier than December 2017)• Ten week internships (MBAs are compensated $10,000

and BBAs are compensated $6,000 for the 10 weeks + travel for placements outside Michigan)

• Recommended start/end date (negotiable)May 15 – July 14, 2017

• Information session Thurs, Dec. 1st 5:30-7:00pm Location: TBD

IMPACT CORPS - SUMMER

• Online Application form (available in early Dec.)• Required attachments:

• Current resume• Personal statement (1 page)

• Letter of recommendation (optional); it must be sent directly from the reference to the Center’s email socialimpact@umich.edu before application due date

• Applications due by noon Thursday, January 19

HOW TO APPLY

IMPACT CORPS- SUMMER

THE SUMMER FUND

socialimpact.umich.edu

Financial support to graduate students & BBA Jrs. who find their own management-related summer internship in social impact or for those designing their own summer experience.

• Helps defray costs associated with internships, including those that are unpaid or with a limited stipend

• Placements include organizations anywhere in the U.S. or abroad (special emphasis in Detroit)

• Funding partnerships with student-led Ross Give-A-Day Fund as well as Ford School of Public Policy

• Overall program supports 20-30 interns annually

OVERVIEW

THE SUMMER FUND

• Management-related summer internship in social impact that students are responsible for finding on their own

• Organizations can be a nonprofit, government, or clearly-defined social enterprise

• Requires the completion of an approved project deliverable to benefit the organization

• Eligible internships do not include: • Courses or field placements• Part-time activities• Projects undertaken for course credit

INTERNSHIP SUPPORT OVERVIEW

THE SUMMER FUND

• Open to BBA juniors, MBA1s, Evening MBAs, and MPPs (graduating no earlier than December 2017)

• Full-time internships for the summer of 2017, with a minimum 10-week engagement

• Total combined funding/salary (including any Center funding) must not exceed $12,000

• Deadline: April 14,2017• Average Center Funding per internship: $2,000

• The Center’s stipend may offer significant tax savings

REQUIREMENTS

THE SUMMER FUND

National Consortium on the Study of Terrorism & Response to TerrorismHOPE InternationalCity of Detroit, Mayor’s OfficeU.S. Department of EducationThird Plateau Social Impact StrategiesEducation PioneersMI Folk SchoolThe White HouseU-M College of Engineering, Office of AdvancementPearson Affordable Learning Fund

2016 INTERNSHIP PLACEMENTSMission of HopeMillennium Challenge CorporationEastern Market CorporationCity of DetroitUnited Nations Environment ProgramNew Sector AllianceU.S. Office of Management & BudgetConsumer Financial Protection BureauNational Council of U.S.- Arab RelationsSocial Venture PartnersOffice of the Deputy Mayor of DetroitBeaumont Health Systems

THE SUMMER FUND

• Create your own summer experience delivering social impact. Examples could include:• Launching a social enterprise (preference given to those

participating in the Social Impact Track of Michigan Business Challenge)

• Designing a summer consulting project

• Open to BBA juniors, MBA1s, Evening MBAs, and Social Impact Track participants

• Financial support depends on need, project proposal strength, and available funds

• Deadline: April 14, 2017

OTHER SUMMER PROJECTS

THE SUMMER FUND

• Online Application available mid-January• For internship funding support:

• Applications should also include: • current resume• internship offer letterent resume

• For other summer opportunities funding support:• Applications should also include:

• Current resume• Two-page minimum scope of work/project plan

Must be submitted by April 14, 2017

HOW TO APPLY

THE SUMMER FUND

OTHER INTERNSHIP RESOURCES

socialimpact.umich.edu

OTHER FUNDING RESOURCES

OTHER INTERNSHIP RESOURCES

Resource Program Eligibility

William Davidson Institute Global Impact Internship Program

Graduate students

Zell Lurie Institute Marcel Gani Internship Program

Ross students

Ford School for Public Policy – Graduate Career Services

Up to $3,000 awardedper eligible student

Ford Graduate Students

International Institute Boren Fellowship for International StudyIndividual Fellowships

Graduate Students

APPLICATIONKEY DATES

socialimpact.umich.edu

Date Description

October 20, 2016 Impact Corps Academic Year Deadline to Apply

Early November 2016 Impact Corps Academic Year Placement Begins

December 1, 2016 Impact Corps - Summer Info Session

Early December 2016 Impact Corps - Summer Application Available online

January 19, 2017 Impact Corps - Summer Application Due

Mid-January 2017 Summer Fund Application Available Online

April 14, 2017 Summer Fund Application Due

May 2016 Summer Fund & Impact Corps – Summer placements begin

KEY APPLICATION DATES

APPLICATION KEY DATES

QUESTIONS?Center for Social Impact

www.socialimpact.umich.edusocialimpact@umich.edu

Tanya Upthegrove Matthew KelterbornAssistant Director Program Coordinator(734) 764-9021 (734)764-0382tuptheg@umich.edu mkelterb@umich.edu

Rishi Moudgil Glenn BugalaManaging Director Marketing Manager(734) 647-0279 (734) 764-8189rmoudgil@umich.edu gbugala@umich.edu

socialimpact.umich.edu