Macalester Receives $50k Grant For Student Startup Internship



macalester-college_416x416Via News Release

“St. Paul, Minn. – Macalester has received a grant from the Richard M. Schulze Family Foundation to support summer internship opportunities for students interested in early stage startups in the Twin Cities.

The project, entitled “Into Action: Entrepreneurship at Macalester College,” will be overseen by Kate Ryan Reiling ’00, Entrepreneur in Residence, and Michael Porter, Director of the Internship Program.”

Entrepreneurship in Action

The program offers Macalester students the opportunity to gain valuable insight into how startups operate and the Twin Cities entrepreneurial ecosystem. In addition, they will explore their own capacity to contribute to this ecosystem.

“An internship with an emerging startup is one of the best ways for students to see first hand the excitement and unpredictability that comes with bringing an innovative idea into the market,” said Ryan Reiling. “They will develop skills, expand their knowledge, gain confidence, and explore potential careers paths. We are also excited to support the growing Twin Cities Startup community with energetic and talented Macalester interns.”

These new internships will be administered through the existing Macalester Summer Internship Grant program (MSIG), which supports students doing unpaid internships across all interests and disciplines. Over the summer of 2017, the grant, in the amount of $50,000, will allow 10 students with significant financial need, who would not otherwise participate in an unpaid internship, the opportunity to do so.

Beyond the Internship – MacNest

The Macalester student interns will live together in Macalester’s Summit House. This community living allows students to enhance their personal internship observations by learning from others and reflecting on how this opportunity can further inform their academic work at Macalester and their vocational possibilities. Macalester’s Career Development Center will play a prominent role in the Summit House activities, working with students to connect their internship experience to their insights into vocation.

Entrepreneurship at Macalester

Entrepreneurship is in increasingly high demand at Macalester as students seek the tools of entrepreneurs and the process of entrepreneurship in pursuit of addressing the world’s most compelling problems. Through its opportunities, including courses, Macathon, Funkathon, MacStartups, Live It and Dream It funding and now MacNest, Entrepreneurship at Macalester fuels curiosity, creativity, and courage to unleash innovative change.

The Richard M. Schulze Family Foundation (RMSFF) is driven to improve the lives of others, particularly U.S. middle- and working-class families, through results-oriented investments in human & social services, education, and health & medicine with a special focus on the seven-county metropolitan area of Minneapolis and St. Paul and Lee and Collier counties in Florida. The Foundation’s vision is to connect in meaningful ways with grantees to make strategic contributions that achieve specific, measurable outcomes.