Rensselaer Entrepreneurship Intern Program (REIP)

Designed to assist students in understanding the opportunities and challenges of working within a startup or early-stage company.

Students engage in short work assignments with the selected student (and recent graduate) start-up teams, gaining firsthand experience in working with challenges typically faced by start-ups. In turn, participating student (or recent graduate) start-ups gain the help of top-notch students with complementary skills to their team makeup while learning what it takes to onboard a new team member.

“[These interns] helped us out a ton and made great contributions to the development of our platform.”    – Adam Ryason Ph.D. '14, Founder, Intelligent Medicine

Students Seeking Internships

If this program is of interest to you, please contact the Center Director to discuss the possibilities.  

Startups Seeking Interns

In order to qualify, teams must be in the start-up phase, and ready to expose students to meaningful work in the world of entrepreneurship. 

If your company could benefit from this program, please contact the Severino Center Director.

     

    Student startup (pre-revenue)

    recent alumni startup

    Students

    Any Rensselaer student with a minimum of one semester of coursework completed is eligible to be hired

    Compensation

    Hourly wage

    Up to $3,500 per hire with an equal match by the company

    Timing

    Up to 13 weeks

    Hours/week

    Five to 20 hours per week while a FT student or up to 40 hours per week on an off semester

    Additional student requirements Meetings with Center staff

    Hiring International Students

    International students on F, J, M, O, visas do not pay Social Security taxes or Medicare taxes on their income as long as they have accumulated less than five years of physical presence in the U.S. during their lifetime.

    The 183-day rule for being treated as a resident does not apply as long as students do not intend to stay or do not stay longer than one year. So, in this situation, students would be exempt from taxes on capital gains unless they were to be here one year or more and would be taxed as a non-resident otherwise. Again, as long as students have not accumulated five or more years of physical presence within the United States, they do not have to pay Social Security and Medicare taxes.

    However, students will still have to pay state and federal taxes for employment income and for income affectively connected with US sources or business activities.

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