The TCU – TechFW Intern Scholars Program enters its 9th year of partnership between the Neeley Entrepreneurship Center and TechFW. Through the generosity of donors undergraduate business students are matched with TechFW Acceleration clients to complete a 200 hour summer internship inside a startup technology company. Students apply and are awarded grants from the Neeley Entrepreneurship Center to work with these firms and receive valuable experience.
The success stories are many including eventual full and part-time employment for students following the summer internship. For the years 2013 and 2014 the program received additional funds from the Coleman foundation resulting in an increase of paid student interns from the typical 7 to 14 TCU interns during the summer.
TCU student entrepreneurs are able to operate their existing businesses from space set aside for them at TechFW. They are treated like any other client with access to Center staff, mail/copy/fax services, conference rooms, special events and more. Thankfully, TechFW is open 24/7 as most students who run businesses are there at hours when everyone else has gone home. It’s the pizza boxes discovered early each morning that let’s staff know that the space called “TCU Alley” was occupied in the wee hours.
The Cowtown Angels Scholars Program is the newest initiative but one of the most exciting and most highly coveted opportunities for TCU Students. TCU students, both MBA and undergrads, work with Cowtown Angels, an angel investment group that is a program of TechFW. They participate at every level of the program from observing the initial entrepreneurs investor pitches through funding for those startups that make the cut. In the process they learn first hand what qualities investors seek in funding early stage startups, the “deep dive” questioning and the due diligence that go into the successful funding of a startup. This is an amazing opportunity for TCU students to see entrepreneurial finance and angel investing up close.