Global Online Internship

A web/mobile platform where companies can automate internship programs to university students.

1. What is your solution?

A web/mobile platform where companies can automate internship programs to university students.

2. How does it address the challenge question as posed?

For students

A mobile platform where users can attend internship to learn cutting edge skills to: 

• Save Money - when learning online and not having to relocate.
• Save Time - choosing market fit career path and skillsets.
• Gain market fit knowledge - in a particular field or industry

For Companies

A mobile platform where companies can provide mentorship to mentees to:

• Save money - automating on-boarding and screening candidates
• Hire more - successful interns are more likely to succeed
• Share real life experiences and culture - when hosting interns

3. If scaled, how will it effect change across the world?

We dont have this number for the rest of the world, as most of the internship positions are posted on individual company websites. In USA alone these are the numbers that represents the number of internship positions.

• 201,419 internship positions from 125,046 companies located in 8,541 cities across all 50 states. - on internships.com
• 37,256 internship jobs listings in US alone on indeed.com (07/17)

We are hoping to impact millions of lives each year.

• Tuition Fee is an important concern for disadvantage students 
• Jobs are hard to find when you are a graduating student
• Outdated curriculum - 60% of students are being trained in jobs that will be radically changed by automation.
• Information Overload when searching online

Market Validation

• 201,419 internship positions from 125,046 companies located in 8,541 cities across all 50 states. - on internships.com
• 37,256 internship jobs listings in US alone on indeed.com (07/17)
• "Internships have become key in today's economy," says Melissa Benca, director of career services at Marymount Manhattan College in New York City.
• "Graduating students with paid or unpaid internships on their résumé have a much better chance at landing a full-time position upon graduation. "

Assumptions

• 10 M+ intern jobs worldwide every year (total available market) - reference: ICEF Monitor
• The cost of relocation/housing/transportation/food costing graduates 10 Billion+ (Average cost per student $1000 for 3 months)
• Goal: Saving students 500M per year not having to relocate to learn or performing intern job.

Track available positions - 500K internship positions

Track number of internship enrollment - 100K enrollment

Track fulltime position filled - 50K fulltime staff every year

• Feedback loops for continuous improvements
• Safe (Intern protections against exploits)
• Accessible

We know that our core values are a work in progress and will be checked regularly against the reality of where we are, what we want to be and what our customers need from us. For now our shared values guide our actions and describe how our product and team operates:

• Rectitude: Be real and kind
• Passion: Committed in heart and mind
• Quality: What we do, we do well
• Accountability: If it is to be, it’s up to me
• Leadership: Make decisions that will benefit the next generation

Via Web and Mobile. Free for students and Educators. Cost savings for employers on job postings and automating on boarding processes.

We take a 20% commission on each successful hire 

Successful hires  x Employee Monthly Salary = Revenue

* Successful hire = interns getting a full-time job through our system.

* Brand trust

* Low number of companies participation

* Skill mismatch

* Language/Cultural barriers

* Use Solve's Network - Educators, Companies, Government, Community to reach a larger audience and building trust.

* Resources and mentorship - optimizing the solutions and providing market insights.

Atlassian, Save the Children

Indeed.com

Monster.com

Careerbuilder.com