NYC Venture Capital Internship Program

Presented by NYCEDC, Supermomos, Everywhere Ventures, and CUNY IAR

New York City’s venture capital industry has experienced significant growth in recent years. From 2011 to 2023, VC firms invested nearly $210 billion into NYC startups, equal to the combined amounts of London, Singapore, and Hong Kong during the same period.

Despite this immense growth, the deployment of capital has not been equitable. Only 2.1 percent of VC dollars go to all‑women founding teams, under two percent to startups with Latinx founders, and less than one percent to startups with Black founders.

Additionally, opportunities in the VC world remain out of reach for many New Yorkers. National Pitchbook and Crunchbase data estimates that less than 18 percent of VC investment professionals are women, five percent are Latinx, and 1.2 percent are Black.

As part of our efforts to address such inequities in the venture capital ecosystem, NYCEDC launched the NYC Venture Capital Internship Program, which aims to create a more equitable and representative talent pipeline into the venture capital industry.

Program Overview

The NYC VC Internship Program connects NYC-based venture capital firms with pre-screened and pre-trained students from CUNY and other NYC schools for paid 10-week summer work experiences. After interns complete a paid, pre-internship training week that provides a primer on the VC and tech-investing world, participating NYC firms host students for nine paid weeks and can extend the internship or hire students for contract, part-time, or full-time work at the conclusion of the program.

VC firms hosting interns gain:

Additional operational capacity in core areas like market research, deal sourcing, due diligence, portfolio support, and fundraising
Access to the next generation of talented and diverse VC leaders

VC hosts must be headquartered in NYC or have partner-level presence in NYC, with one or more investments in tech or tech-enabled startups in the past year and can range in fund size and investment verticals.

Participating students receive:

Full-time paid internships that are relevant to their fields of study and career goals (finance, business administration, entrepreneurship, and STEM)
Professional development, mentorship, and networking experiences

A group of diverse people engage in conversation on wooden bleachers in a modern office space. Green plants adorn the upper levels. Some people are standing while others sit or ascend the staircase in the background.

Apply to Host Interns: Foster equitable opportunity while adding operational capacity for your firm.

Two women in an office setting. One is standing and pointing at a laptop screen, while the other is seated, smiling and looking at the screen. There are notebooks and a coffee cup on the table. Large windows are in the background.

Apply to Mentor Interns: Guide and inspire students breaking into VC.

A group of three people, two men and a woman, are working together at a computer in an open office space. They are focused on the screen, surrounded by desks, monitors, and office equipment. Large windows let in natural light.

Apply to Be an Intern: Be part of the next generation of venture capital leaders.

Year One (2025) Results

By The Numbers

NYC students received paid internships

By The Numbers

NYC VC firms hosted paid interns

By The Numbers

86%

CUNY student representation within 2025 cohort

By The Numbers

~30%

Students continued work w/ host startup beyond conclusion of program

By The Numbers

NYC students received paid internships

By The Numbers

~30%

Students continued work w/ host startup beyond conclusion of program

By The Numbers

NYC VC firms hosted paid interns

By The Numbers

86%

CUNY student representation within 2025 cohort

Driving Equity in Tech and VC

The NYC VC Internship Program is part of NYCEDC’s Venture for NYC (formerly known as Venture Access NYC) initiative, a suite of bold programs designed to make NYC the world’s leading and most inclusive innovation ecosystem. The initiative connects diverse founders and funders with the capital, networks, and resources they need to launch, grow, and thrive in NYC.