JOHN PAPPAJOHN ENTREPRENEURIAL CENTER | INTERNSHIP PROGRAM

This application is to be completed by a company, business, startup or non-profit organization interested in participating in the University of Iowa John Pappajohn Entrepreneurial Center’s (Iowa JPEC) Iowa Innovation Associates Internship Program. The goal of this program is to provide a low cost solution to businesses across the state who need assistance on special projects - all while providing UI students with real-world learning opportunities.

How the program works

  • Iowa JPEC assists in helping your company become an approved employer at the University of Iowa and gives you the tools to post your internship opportunities on the University’s hiring platform, Handshake.
  • Your job postings are then marketed to students to help fill these internship roles.
  • The hiring and interviewing process is between your company and the student, giving your company complete control on who you select.
  • It is suggested that these student interns work 40 hours a week over a 10 week time period. These 10 weeks must fit within the dates of academic summer term: May 18, 2020 - August 24, 2020.
  • Iowa JPEC will cover half the cost to pay your intern, your company will need to invoice Iowa JPEC to receive these funds prior to the student starting. Your company is responsible for covering the remaining half of the payment for your student intern.

How payments work

Iowa JPEC will award a wage grant to qualifying employers up to a maximum of 40 hours a week for a 10 week period. Employers will need to provide an additional matching wage for their intern, for a total intern wage of $15/hour undergraduates and $20/hour for a graduate student. See break down below.

Undergraduate Student Payments

Iowa JPEC pays $7.50/hour + Your company pays $7.50/hour = $15/hour total pay rate for student intern
40 hours a week x 10 weeks = 400 hours
$15/hour x 400 hours = $6,000 total payment to student intern
Iowa JPEC will contribute a total of $3,000 for an undergraduate student

Graduate Student Payments

Iowa JPEC pays $10/hours + Your company pays $10/hour = $20/hour total pay rate for student intern
40 hours a week x 10 weeks = 400 hours
$20/hour x 400 hours = $8,000 total payment to student intern
Iowa JPEC will contribute a total of $4,000 for a graduate student

Sample Projects for Interns

Below is a list of potential student projects and duties that past IIA interns have completed. This list is an example, but can be expanded based on your business’s needs.

  • Project development
  • Project management
  • Market Research
  • Technology commercialization
  • Product Design
  • Social Media marketing
  • Software development