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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 [email protected] 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
Tanya Upthegrove Matthew KelterbornAssistant Director Program Coordinator(734) 764-9021 (734)[email protected] [email protected]
Rishi Moudgil Glenn BugalaManaging Director Marketing Manager(734) 647-0279 (734) [email protected] [email protected]
socialimpact.umich.edu
