Lean start-ups are always looking to maximize productivity with minimal payout. Interns often forsake income or more lucrative work in exchange for real-world exposure.
Sound like a match? DC Tech Summer thinks so.
The newly launched internship program seeks to pair local college and high school students with technology start-ups across the Washington region. About 200 students had submitted applications as of Friday, organizers said.
The employers include some of the region’s fast-growing players, including District-based LivingSocial and Arlington’s Opower, as well as smaller players such as TroopSwap, an online marketplace for military families, and PopVox, a forum for political constituents.
Organizers said most companies plan to hire more than one intern, though there’s no guarantee that the gigs are paid. Zvi Band, one of DC Tech Summer’s creators, said the group is weeding out companies that just want paper pushers and coffee fetchers.
DC Tech Summer is the brainchild of Michael Mayernick, the co-founder of social media play Spinnakr. It was launched with the help of Bobby Ocampo, an investor at Grotech Ventures, and Ryan Healy, co-founder of networking Web site BrazenCareerist.
“If we can get these people involved and really interested, then we can grow the community and they’ll be the next batch of start-up employees or founders,” said Band, who is also the co-founder of Web development platform Structo.
The Mid-Atlantic Venture Association has cemented several of the marquee speakers for its annual Capital Connection conference in May, including Twitter co-founder Biz Stone and Paul DePodesta, New York Mets vice president for player development and scouting.
Others slated to speak at the two-day event, which will highlight key trends in the venture capital market, include former Kaplan chief executive John Grayer, Daily Caller founder Tucker Carlson and American Public University System chief executive Wallace Boston.
(Disclosures: Kaplan is owned by The Washington Post Co. and Capital Business is one of Capital Connection’s media sponsors.)
The Rockville Women’s Business Center collected $45,000 from the Citi Foundation this week to continue funding its slate of programs and competitions geared toward increasing the number of women-owned companies in the region.
Citi and its foundation provided seed funding in 2009 when the city conducted a study to determine whether such a center would prove beneficial. The Women’s Business Center launched in November 2010 as part of Rockville Economic Development Inc.