For Student Internships:

The internship program at the Zell Lurie Institute helps startup companies and venture capital firms hire University of Michigan students for a 12-week hands-on work experience. This program gives students the opportunity to develop entrepreneurial skills while accelerating the advancement of the host company or their own venture.

There are three ways University of Michigan students can pursue an internship:

Company-Driven:

Host company sourced by the Zell Lurie Institute

External host companies from across the country connect with the Zell Lurie Institute to provide internship opportunities to U-M students.

 

 

Student-Driven:

Host company sourced by the student

Students take the initiative to recruit a host and shape the internship opportunity with a startup company or venture capital firm.

Summer Student Accelerator

A 3 month-long program that is self-led, giving entrepreneurs the freedom to drive their ventures with expert guidance, funding, and mentorship.

 

 

Internship Requirements and Application Process

Application forms for 2025 will go live in January. Sign up here to be added to the email list.

Company-Driven Internships are internship opportunities arranged by the Institute with a host company to provide Ross students with an opportunity to receive hands-on entrepreneurial experience.

The recommended compensation is $1,600 per week for an MBA and $1,000 per week for a BBA for 12 weeks, but this will vary from host to host. Students must be a returning graduate student, or in their sophomore or junior year to be eligible for the program. International students are responsible for ensuring that their visas meet the eligibility requirements for work.

Program Expectations

  • Internship Plan: During the second week of the internship, the intern will write an internship plan that describes what the job focus will be for the summer and what value will be gained from the internship. It should clearly detail the student’s individual goals for the summer and the goals of the host company.
  • Thank You Letter: Each intern is assigned to a specific Institute donor who provided funding for the internship program. In the middle of the summer, the intern will write a thank you letter to the designated supporter.
  • Internship Wrap-up: Students are requested to share their experiences after the internship to help ZLI improve the experience for future participants.

Application Process

  • Submit your application to the internship
  • Applications will be forwarded to companies for review
  • Companies will contact students directly to request an interview
  • Not all U-M applicants will receive an interview

Applications for company-driven internships are now live! Applications will be accepted on a rolling basis through April 14th.

VIEW OPPORTUNITIES 

 

Venture Capital and Entrepreneurial Internship Postings

Sophomores, Juniors, and  returning graduate students interested in an internship with a venture capital firm or startup company may review the internship postings on the Zell Lurie website. Please check back to find out more about the application process and informational session.

Previous Participating Host Companies

  • Augment Ventures
  • Big Happy Inc.
  • Climate Vine
  • Detroit Venture Partners
  • Endeavor
  • Genomenon – and more!

Postings for the 2025 internship program are now live! VIEW HERE

We will have virtual office hours on Tuesdays and Thursdays throughout the winter term to answer any questions about the internship process. Our team will be available on the following dates:

Tuesdays Thursdays
  • January 21st from 1-2pm
  • February 18th from 1-2pm
  • March 18th from 2-3pm
  • April 8th from 3-4pm
  • February 6th from 2-3pm
  • March 6th from 3-4pm
  • April 3rd from 1-2pm
  • April 10th from 2-3pm

Drop-in here

Note: We can answer limited questions regarding internship eligibility, but for student-driven internships, we ask that you complete the application for our team to determine whether the internship meets program requirements. You can also refer to the FAQ document for more information on internship eligibility requirements.

For Organizations Seeking Interns:

Host an Intern

Are you a startup or venture capital firm interested in hosting a Michigan Ross BBA or MBA intern?

A startup company should create a 12-week internship that is based on the company’s development goals and the projects that a student could work on to achieve those goals. Ideally, the student works directly with the entrepreneur or other senior decision-makers within the host company and attends key company events such as board meetings, venture capital presentations, strategy sessions, etc.

Learn more about the Zell Lurie Internship Program by emailing zliinternships@umich.edu.

A venture capital firm should create a 12-week internship that provides the student with an investor’s perspective of entrepreneurship. This includes assisting portfolio companies by company valuation analysis and exits, participating in due diligence on new investments, targeting next-round funders, and market research.

Learn more about the Zell Lurie Internship Program by emailing zliinternships@umich.edu.

Eligible entrepreneurial companies should be in the early growth phase of business development, preferably with less than 50 employees and secure financial backing through outside funding or internally generated cash flow. A venture capital firm that invests in early stage companies may also serve as a host company, though students should perform work for the firm itself and not for the portfolio company.

The only prohibition from the ZelI Lurie Internship Program is against sales or cold-calling. Students should receive a first-hand account of business development during the summer.

Host an Intern Application Process

Fill out the internship form for a startup company or a venture capital firm provided above.

The first part of these forms asks questions about the company’s financial situation and entrepreneurial history to ensure that the company is a good partner with the Zell Lurie Internship Program.

The second part of the form will be uploaded to the job database for students to review. Instead of asking for the specific job duties that students will work on, the form focuses on the near-term goals of the host company and the general work that should be performed to achieve those goals. In this manner, students will have an idea of the kinds of projects they will be responsible for but host companies are not pressured to anticipate the details of them months in advance.

Hiring and Salary Expectations

After submitting the interest form, and after approval, the Zell Lurie Institute will provide full access to the spring student resume book when it becomes available. Companies may search this book and identify prospective interns.

Companies may hire any eligible business student they like without waiting for approval. Specific company-intern pairings will be funded only once, i.e. no repeat funding in subsequent years for the same students. Start and end dates are set by the company and the intern depending on the best schedule for each.

After a student is hired, the Institute provides a 50% salary match (maximum of $9,600 for grad students, $6,000 for undergrad students for the entire summer) to the student directly to defray the cost of hiring an intern; the salary match will not be provided for days that the student works during the academic year. The recommended total weekly salary for an MBA intern is $1,600 and for a BBA intern is $1000 though students and host companies may negotiate the appropriate compensation.

Companies entering the process will receive more detailed information and guidance on interviewing, hiring, required documentation, deadlines, etc.

ZLI Internship Program Founders and Sponsors

The internship program through the Zell Lurie Institute is generously supported by the following individuals and foundations:

Self hosted entrepreneurial summer internship Zell Lurie Institute University of Michigan Ross

Marcel Gani

Robert & Judith Hooker

Liu Family & Bistrong Family

Applebaum Family Dare to Dream Internship Fund

Jeff & Cheryl Weedman

Brian & Jennifer Hermelin

Millard H. Pryor