Venture capital and growth equity firm Bain Capital Ventures has launched StartUp Academy, a new initiative that intends to provide students with exposure to entrepreneurship and insights on how to build a business and work with innovative technologies.
Through the StartUp Academy program, Bain will seek technical talent from undergraduate, masters and PhD programs throughout the country, including:
- University of Michigan,
- University of Pennsylvania,
- Stanford, USC, and
- University of Waterloo.
In particular, the program seeks to place individuals in a full-time or intern level engineering and product management positions at startups funded by Bain Capital Ventures including BloomReach, Nomis Solutions, Rent the Runway, Sneakpeeq, Survey Monkey, TargetSpot, TellApart and Tokbox.
The members will also get access to entrepreneurial events hosted and sponsored by Bain in Boston, New York, and the SF Bay Area.
A maiden 2012 StartUp Academy class was selected during a nine-month pilot of the program. In that case, the firm received 779 applicants of which 21 students were selected to participate. Recruitment for the 2013 StartUp Academy class will begin in the fall.