Swartz Entrepreneurial Fellows Program

Submitted by admin on Sat, 12/18/2010 - 16:41

Applications due: Monday, January 10, 2011, 9:00 am EST

1. A paid, summer Internship at a venture-backed start-up
2. Mentorship by experienced entrepreneurs and investors
3. Coursework
4. Talks and roundtables as part of the James R. Swartz Entrepreneurial Leadership Series
5. Travel stipend for the January Silicon Valley trek
6. Cross-campus networking
7. Additional advisory services and programs

Details follow:

The James R. Swartz Entrepreneurial Fellows program develops high-impact leaders with a passion for entrepreneurship and technology. At the heart of this experiential complement to our entrepreneurship coursework is a mentored, paid, summer internship with a venture-backed start-up in a key US entrepreneurial hub: Bay Area, New York, Boston, Seattle, and Pittsburgh. Each year no more than eight Fellows are selected among Carnegie Mellon University’s graduate student body.

Eligibility Criteria:
1. Enrolled as a graduate student at Carnegie Mellon University through Fall 2011
2. Hold a Bachelors of engineering, computer science or other technical field
3. Take a CMU introductory entrepreneurship course and Business Planning, before Summer 2011
4. Take the Commercialization & Innovation course, Fall 2011 CMU

Students who are accepted and agree to participate in the Swartz Fellows Program agree to the following conditions:
1. Internship. Hold a full-time summer internship with a VC-backed start-up
2. Coursework. Enroll in Commercialization and Innovation A & B for Fall, 2011
3. Mentorship. Work collaboratively and proactively with assigned mentor(s) (creating goals, scheduling meetings, preparing meeting agendas, following through on agreed upon tasks)
4. Deliverables. Upon completion of the summer internship students will be required to:
- a. Deliver a presentation to your peers on your accomplishments
5. Community Engagement. Attend the Swartz Entrepreneurial Leadership Series and actively participate in the corresponding roundtables throughout the 2011-2012 academic year (excluding class conflicts), including taking a leadership role in these programs
6. Silicon Valley Immersion. Attend the 3-day Silicon Valley Trek (strongly encouraged)

Application & Selection Process

Stage 1: Application
Submit your application to afox@andrew.cmu.edu by Monday, January 10, 2011 by 9:00 am EST

Please include the following in your application:

1. Resume (1 page maximum)
2. Personal statement (2 pages maximum, 12 pt Arial font, 1.5 space, 1 inch margins) that includes your:
a. Entrepreneurial passions
b. Career goals ( internship, immediately post-graduation, 3-5 years post-graduation)
c. Past and current entrepreneurial successes and failures
d. Plans to contribute to evolution of CMU’s entrepreneurial ecosystem
e. View on how the Swartz Fellows program can help you achieve your goals
3. Internship Status
a. 3-5 sentence summary on the status of your internship search
b. Target Industry for Internship (List 3 or less)
c. Desired VC-backed start-ups for Internship (List 3-5)
d. Rank preferred regional preferences for internship placement (choose top 3 among Bay Area, Boston, New York, Seattle, Pittsburgh

Stage 2: Interviews – Wednesday, January 12 through Wednesday, January 19, 2011

Applicants should be prepared to be available for an in-person interview with at least one member of our selection committee.

Stage 3: Announcement – Monday, January 24, 2011: The 2011 Swartz Fellows Cohort will be announced.

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