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

 

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

 

Students Seeking Internships

If this program is of interest to you, please contact the Center Director at scte@rpi.edu to discuss the possibilities.       

 

Startups Seeking Interns

Qualifications: 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 at scte@rpi.edu.

 

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 5 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 you do not intend to stay or do not stay longer than 1 year. So in this situation, you would be exempt from taxes on capital gains unless you were to be here 1 year or more and be taxed as a non-resident otherwise. AND again, as long as you have not accumulated 5 years, you do not have to pay SS and MC taxes.

However, you 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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More Resources:

Contact

Lally School of Management
Rensselaer Polytechnic Institute
110 8th Street, Pittsburgh Building, Troy, NY 12180
(518) 276-2812

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