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Presented by NYCEDC, Company Ventures, City University of New York (CUNY), and Blackstone Charitable Foundation

STEM in NYC

New York City’s STEM sectors (science, technology, engineering, and math) have grown significantly since 2011, adding more than 7,000 new businesses and 130,000 new jobs to the city’s economy through 2022.

However, these opportunities—which typically offer higher wages and greater economic mobility than those of other sectors—have remained out of reach for many New Yorkers, particularly those from groups already underrepresented within STEM occupations.

The NYC Startup Internship Program builds a diverse talent pipeline of CUNY students directly into New York City’s booming tech sector and supports New York City’s STEM startups with the operational and financial capacity to host and develop interns while growing their businesses.

By the Numbers

01
06
By The Numbers

$200B+

VC funding to NYC startups since 2011

By The Numbers

130K+

STEM jobs created in NYC (2011-2022)

By The Numbers

7K+

New STEM businesses in NYC (2011-2022)

By The Numbers

50K+

Degrees awarded by CUNY each year

By The Numbers

$193K

Average NYC STEM business wage (2022)

By The Numbers

<$30K

Household income for 50% of CUNY students

Program Overview

Through the NYC Startup Internship Program, CUNY students receive paid work opportunities that are relevant to their fields of study and career goals, such as within software engineering, sales and business development, research and marketing, project management, and customer support. CUNY students also receive professional development, mentorship, and networking experiences throughout this program.

Participating startups host students for approximately eight (8) weeks and can extend the internship or hire students for contract, part-time, or full-time work at the conclusion of the program. Startups are often venture-backed and represent a variety of industries and fields, such as enterprise software, health tech, education and training, sustainability, and fintech.

Internship wages for the initial eight (8) weeks, along with candidate sourcing, payroll management, mentorship, and professional development are provided by program partners to alleviate participation barriers for startups.

At A Glance: 2022 & 2023

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9
By The Numbers

82

Students received paid work opportunities

Technicians repairing broken smartphone on desk.
By The Numbers

54%

Interns identifying as women or non-binary

Group of multiracial students sitting at desk in technical college workshop using laptops working on a project together.
By The Numbers

34%

Students continuing work w/ host startup beyond conclusion of program

Young start up business people flying a drone inside a big office. One man wearing VR googles and testing new augmented reality software with the drone camera.
By The Numbers

63

NYC startups hosted paid CUNY interns

Businessman working on laptop in office
By The Numbers

32%

Interns identifying as Hispanic/Latinx or Black/African

Testimonials

Amazing opportunity for founders to both get work done and also mentor the next generation. So grateful for the opportunity!

2022 Host Startup

I was able to get my mentee job offers in their desired career field that they never interviewed in before.

2022 Host Startup

A great program we sincerely appreciate that makes a difference to our business.

2023 Host Startup

Outstanding summer – we could not have grown our program the way we did without our interns and Company Ventures’ support!

2023 Host Startup

Get in Touch

Contact: [email protected]

Whether you want to host interns, provide mentorship, or offer professional development, there are plenty of ways get involved.