Swarthmore College is rolling out a new program aimed toward entrepreneurship, according to a report in The Phoenix, the school’s independent newspaper.
The program includes several internships that are local to Philadelphia. The participating companies are mostly small tech start-ups and, unlike most tech companies, demand relatively few specific skills. Students with a wide range of interests and abilities were able to apply, and those who decide to participate will be awarded a $4,350 stipend.
Swarthmore’s Department of Career Services initially contacted participating companies through resources at Ben Franklin Technology Partners, an organization helping to finance small tech start-ups.
“We have an alum who has been with [Ben Franklin Technology Partners] for a long time and he has a portfolio of these start-up companies, and a lot of them are based in Philadelphia,” said Pattie Kim, assistant director of Career Services and coordinator of the program.
The program is an excellent opportunity for students to connect with the start-up atmosphere in the City of Brotherly Love.
“Philadelphia is becoming a start-up hub,” said Kim. “And so a lot of start-ups are here and we want them to connect with our students, and get them to know our campus.”
The stipend granted to participating students helps to create a low-risk environment for both student and company.
“Our office gives a stipend,” said Kim. “There are no risks for the employers; there are no risks for the students. It’s a win-win for everybody.”
Click here to read more about Swarthmore’s entrepreneurship program.