Monday, March 30, 2009

Application for Summer@Highland closes on April 9th

This is a repost - the deadline is soon.

-Howie

Summer@Highland 2009

Are you a student entrepreneur with a business startup that you’d like to grow to the next level this summer? If so, the Summer@Highland 2009 program may be just what you need.

In its third year, Summer@Highland is designed to provide selected student entrepreneurs with the environment and resources for advancing their startup initiative/company to the next level. Participating entrepreneurs/teams will receive a financial stipend and complimentary work space in either our Lexington, Massachusetts or Menlo Park, California office. The teams will have access to Highland investment professionals along with further resources for injecting real-world advice, insight and perspectives into the entrepreneurial and company-building process. Full details on this year’s program and an application form can be at www.hcp.com/summer.

Participating teams in the Summer@Highland 2009 program are under no obligation to Highland after the summer. That being said, advanced initiatives/companies may qualify for seed financing and/or additional involvement by the Highland team to help accelerate company growth. Further terms and conditions may apply for those that qualify for these options (evaluated on a case-by-case basis) and are interested in taking advantage of them.

What we’re looking for in 2009

We are especially interested in having you spend the summer with us if:
- You have a leadership team with vision, passion, and drive
- Your initiative is built around a breakthrough idea that is scalable and monetizable
- You’re pursuing a large addressable market opportunity with a product/service that has the potential to be highly-disruptive in its area
- Your business initiative is already showing momentum and (ideally) some demonstrable market traction (i.e., you’re well beyond concept)
- You’re operating in a sector that we focus on – information and communication technology, digital media, life sciences, advanced materials & semiconductors, cleantech
- You can direct us to some advisors who see your business’s potential as you do

Particulars of Summer@Highland 2009

- The program is open to current undergraduate or graduate students, post graduate docs, as well as recent grads (no earlier than December 2008). At least one participating member of the team must meet this criterion.
- Teams can comprise 1 to 4 persons.
- A single person team will receive a $7,500 stipend for the summer, if selected.
- A multi-person team will receive a $15,000 stipend, if selected.
- Participating teams are required to work full time for a minimum 10 weeks on their initiative. Start and end dates are flexible and are to span the period of mid-May through September 2009.
- Participating teams will need to reside in one of Highland’s offices (Lexington, MA or Menlo Park, CA) while participating in the program.
- Each participating team will have a Highland sponsor who will be the team’s gateway to advice and counsel from Highland’s investors and industry network.
- Participating teams in the core Summer@Highland 2009 program are under no obligation to Highland after the summer. Further terms and conditions may apply for initiatives that qualify for and are interested in pursuing seed financing and/or additional involvement by the Highland team.

How to apply

- Please complete the brief online application (available at www.hcp.com/summer).
- Attach to your application (1) resumes/bios for each team member, and (2) up to two referrals/letters of recommendation (recommended). The latter may be from faculty & administration, board or advisory group members, or others affiliated with close knowledge of your initiative and/or team members.
- You may also consider optionally attaching (1) executive summary of your initiative/company, and/or (2) a link to a 1-2 minute overview / elevator pitch video via YouTube, Vimeo, etc.
- The application deadline for consideration in the 2009 program is Thursday, April 9, 2009.
- Selected projects will be notified via email no later than May 1, 2009.

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