IDEA Fund Partners

Company Description:

As one of the oldest and most active early-stage venture capital firms in the Southeast, IDEA Fund Partners’ investment philosophy has been honed from years of experience. Based in Durham, NC, we fund entrepreneurs who are applying technology and business model innovations to industries in the earliest stages of digital disruption with an emphasis on overlooked people, places and stages.

Internship Job Description:

We are seeking ambitious, engaged, and intellectually curious candidates to join the Venture Fellows program, assisting with an array of firm matters and examining the next generation of startups and innovation. This internship is open to both undergraduate and graduate students, with an approximate time commitment of 10–15 hours per week. In addition to core responsibilities outlined below, interns will participate in structured lunch-and-learn seminars to gain a deeper understanding of startups and venture capital.
This is an unpaid position, with sponsorship for course credit available.
Responsibilities:
Core role responsibilities will include:
Conducting preliminary reviews of prospective investments within the IFP due diligence framework
Assisting with sourcing prospective investment opportunities, including attending demo days and reviewing databases
Completing research reports examining startup, investment, and innovation trends within an assigned industry & subsector
Additionally, ad hoc projects will be scoped out throughout your experience, some of which include:
1) Sourcing & Analysis
Assist with refining outbound deal sourcing process
Ad hoc due diligence research projects
2) Operations & Finance
Assist with Salesforce data entry and maintenance
Support recurring monthly and quarterly financial reporting
Complete financial models
Assist with operational and technology-related improvement projects
3) Marketing & Content
Write blog posts
Assist with expanding social media presence
Support production of monthly firm newsletter
Complete comparative review of peer group’s marketing presence
Application Deadline: Sunday January 3, 2021
Tentative Interview Date: Thursday January 7, 2021 at 2–5pm EST
Tentative Start Date: Monday January 11, 2021

Type and Timing of Internship:

FlexibleSpring Semester

Internship Location:

Durham, NC

Paid?

Application Instructions:

To apply, please complete this application form: https://docs.google.com/forms/d/e/1FAIpQLSc4Sqlxr8CNW6UVaXfLu8fQDO5lvxztAMpnxml3ipjSUaczHQ/viewform

Primary Contact and Email:

Joe Darcy
jdarcy@ideafundpartners.com
http://www.ideafundpartners.com
https://ideafundpartners.medium.com/ifp-is-looking-for-venture-fellows-6899428717ce