Tuesday, February 10, 2009

U Ventures in NYC and Sweden

We received the following email
"I am contacting you regarding the internship that U Ventures is offering. It is a yearly internship for entrepreneurial students at the world's top universities, where the interns get the opportunity to set up a company from scratch and get funding for it. This year - despite the economic turmoil - we are making it bigger and better than ever, recruiting from some 15-20 countries. I would like to know how I can reach out to members of your club, as I am sure we will be able to find good candidates within it I would appreciate if you could get back to me so that we can discuss this further. Please distribute it as you see fit.

Many thanks.

Best regards,

Johan Bergström

U Ventures

Jakobsbergsgatan 22
103 86 Stockholm

Cell: +46-70 23 17 747
Mail: johan.bergstrom@uventures.se

---More info below.  Apologies for the funny formatting and grammatical errors.  Copying over from the PDF file proved unreliable.



Venture development internship
U Ventures is giving you a unique opportunity to get high‐level leadership experience in
combina:on with venture development work in the summer of 2009. As one of five Managing
Directors, you will be leading the work of an intern group, managing 20 under‐graduate top
students from over 10 different countries, during July‐August 2009, in a venture start‐up project.
Your task is to make this diverse group of talented students work as a team and produce a
business plan for a new venture, depar:ng from a pre‐defined business idea iden:fied by U
Ventures. However, it is up to you and the team to work out the structure of the company and
turn it into a solid concept with high business poten:al. U Ventures will provide seed capital if
the business plan meets our requirements. All along the internship, you will be supported by the
management team of U Ventures, to which you also will report on a regular basis. You will as
well be part of the group that sets the outline of the internship, giving you the possibility to
shape the schedule and scope of the internship. In short, this is a chance to form, manage and
execute a venture development project, leading a mul:cultural team of 20 interns, guided by
your visions and goals.

You will work from our offices either in New York City, USA or Stockholm, Sweden, star:ng July
1, 2009 with a dura:on of 4‐8 weeks. Your tasks will range from market analysis to building
business plans. Financial compensa:on will be provided.

You are an entrepreneurial achiever and doer. You have already proven yourself as a leader and
are looking forward to gaining further leadership experiences on your way to the top. You are
well organized, have the ability to think on your feet and adapt to changing situa:ons. You also
have a strong interest in entrepreneurial ac:vi:es and have demonstrated crea:ve
entrepreneurial skills in previous engagements.

Apply now
Send in your resume and a short cover leTer describing one or two of your entrepreneurial
experiences to careers@uventures.se before March 6, 2009. Please also indicate where you
would prefer to work. Early applica:ons are encouraged as recrui:ng is done on an on‐going
basis. Successful candidates will be called for interviews and also asked to solve a real business

About U Ventures
The main focus of U Ventures is on Venture Start‐up & Development. Our por[olio consists of
companies in a wide range of industries. We are represented on five con:nents through
associated companies, joint ventures or fully owned companies. We are constantly searching for
new business ideas and for the right people to make them happen.


Jason said...

This internship looks pretty cool, however a quick google search did bring me to this posting about U Ventures: http://www.thefunded.com/funds/show/U+Ventures
Doesn't look very promising at all..does anyone have more information on them, has anyone done an internship there before? Their descrption and site is a bit vague as well, so i'm reluctant to apply.

Pablo Kohan (Argentina) said...

Guys, I have done a summer internship with U Ventures in Stockholm and it was one of the best experiences of my life!

I was one of four Managing Directors, and worked with 25 guys from all around the world selected from over 2,600 applicants. It was definitely a lot of work, but also a lot of FUN!

What I liked the most was that you could take ownership of your work and make things happen. We also had the entire support of the owners and managers of the company.

I am a Fuqua Alumni (class of 09). So, if in the future you are invited to be part of U Ventures' interview process please feel free to shoot me an email.

jimmy said...

this is not always true because ongoing companies create business plans, project plans, new product plans, and plans for acquiring and integrating other ventures. General Dwight D. Eisenhower once said, “Plans are nothing. Planning is everything.” jimmy

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