MIT-Connected Ventures

MIT Innovation Initiative offers MIT-connected ventures opportunities to work with the on-campus Innovation & Entrepreneurship community throughout the year. 

To participate, click the “BECOME A MEMBER” button at the end of this page to register your venture. Your application will be reviewed, and within 48 hours, you’ll receive an email with further instructions.

Venture Match Program (Fall 2020)

The Venture Match Program makes use of the InnovationONE platform to connect you with MIT students ready to join your team this Fall. It’s fast and easy for you to create a profile and list your internship opportunities.

Students explore the platform and apply to your positions with just a few clicks. You’ll be notified when a student has submitted themselves for consideration. Then, check your dashboard to review applicants, download their information, and find your perfect intern.

Best of all, there is no cost to you to participate. MIT is funding a limited amount of internships through the Venture Match Program (ELO-approved) this fall.

Questions? Check out the Program Details below.

Program Details

 All internship opportunities must be hands-on/applied, have rigorous content, dedicated supervision, meaningful intensity, and involve reflection/evaluation.

Your venture must be an MIT-connected venture in order to qualify. We define MIT-connected as those ventures that have an MIT faculty, staff, or alumni founder.

International internships are managed through MIT International Science and Technology Initiatives (MISTI). Learn more and contact a MISTI program manager to learn how you can host an MIT student here.

You can submit multiple opportunities to the platform. But you can only hire a maximum of 3 interns.

Once the platform is launched in early September, you’ll receive a link to a dashboard view, where you can see a list of applicants to each position. You’ll receive an automatic notification each time a student applies.

Each venture can hire up to three student interns.

MIT will cover the cost of the internship, up to $1900 total. Students will be paid directly by MIT.

Yes, although MIT is unable to facilitate these payments; students must be paid directly by the venture.

The internship must be between 80 and 140 hours total, 5-10 hours per week.

At this time, this opportunity is only available to undergraduates.

Yes. In your portal, under "status" select the option "Accept" to notify the student you are offering them an internship position.

Students looking for IP guidance should refer to OVC’s chart on Guiding Principles Regarding Student Intellectual Property Rights (https://ovc.mit.edu/guiding-principles-regarding-student-intellectual-property-rights/). Issues of IP ownership are always fact-specific and this chart is not intended to address all scenarios. Note, for activities like UROPs Off campus and Non-MIT Hackathons, IP is usually owned by the third party, not the student (but could be negotiated). Generally, students with questions about a specific IP ownership issue should contact tlo-ipia@mit.edu. However, TLO does not review any IP agreements/terms between students and companies concerning externships/internships. Students seeking legal resources on specific agreements/terms may utilize the BU/MIT Law Clinic (https://innovationone.mit.edu/resource/boston-university-school-of-law-clinics-at-mit/). Students and ventures are both strongly encouraged to clarify any IP issues in advance of beginning an internship. MIT does not provide legal services to ventures, and ventures are encouraged to contact their legal counsel on matters of IP and employment.

You do not need to log in hours, do reporting or send paperwork. Payments will be directly discussed with students. They are made in two installments totaling $1,900. The first payments are being processed. The second payment will be made at the end of the semester. The MITii is reaching out to the students directly. No action is necessary from the ventures.

There is a new call for proposals for the Spring. The MITii team will be applying to get the Venture Match funded for the spring, however, the applications for funding haven’t opened yet. We will keep you updated.


If you still have questions after reviewing the Program Details above, you may submit your questions here.

Venture Become a Member Instructions

Venture Member Login Instructions