Entrepreneurial Summer Fellows Program

Application Deadline:   April 13, 2015

Application Materials: 

  • Online Form - complete online (opening in January)
  • The Proposal - complete and upload to Online Form
  • Your Resume - upload to Online Form
  • Host Letter stating nature and duration of work - upload to Online Form

The Entrepreneurial Summer Fellows program provides a limited number of stipends (up to $3,000 each) to support students who have secured unpaid internships in entrepreneurial endeavors for the summer.  These internships can be creative and innovative in nature, or more management focused, and can be in either for-profit or not-for-profit organizations, but should be in the context of an entrepreneurial endeavor.  Internships should be 30-40 hours/week for 8 weeks.

The program provides undergraduate students the opportunity to learn or gain experience in entrepreneurial management as a summer intern with new and emerging organizations, with mature organizations initiating innovative and entrepreneurial activities, with organizations in an industry in which the student would like to start or buy a company, with social or humanitarian organizations, with artistic or cultural organizations, or with a faculty or student-managed start-up.  These opportunities can be in the for-profit or the not-for-profit arena. 

The Program is highly competitive and we have a limited number of stipends to award this year.  Internship stipends are awarded each spring for the summer of that year. This year awards will be made up to $3,000.

Awards may be made to graduates of the University for the summer following graduation prior to beginning full-time employment or graduate school.  However, preference will be given to current undergraduate students who will be enrolled at least one semester after the end of the internship.

Description of Funding Opportunities 

The funds to support this program come from the Russell D. and Elfriede Hobbs Endowment Fund for Entrepreneurship and the Liberal Arts; The Chambers Family Fund for Entrepreneurship; and the David and Lelia Farr Endowment.

In order to be eligible for consideration, the internship must align with the purpose of the fund as described:

Hobbs – Funding for internships within a socially beneficial organization.  The Russell D. and Elfriede Hobbs Endowment Fund supports internships involving entrepreneurial-themed work with socially beneficial organizations, including charitable, educational, scientific and artistic enterprises.  

Chambers – Funding for internships involving the internet/e-commerce or emerging technologies.  The Chambers Family Fund for Entrepreneurship supports internships involving entrepreneurial-themed projects or activities that include the internet and e-commerce. 

Farr - The Farr Fund facilitates student learning through entrepreneurial activities by providing a source of general funding to support innovative, creative and entrepreneurial internships in for-profit, not-for-profit, and hybrid ventures.

Student Eligibility Requirements

Grants are open to current undergraduate and graduate students at Wake Forest University, regardless of academic field of study. Preference is given to students who are returning in the fall.  Other requirements include:

  • Interns are expected to work 30-40 hours per week for 8 weeks.
  • Interns agree to keep a journal and/or a blog throughout the course of their summer internship.
  • Interns must complete a written evaluation of the completed internship highlighting their accomplishments, their personal growth, and how the experience has affected their future career expectations.
  • Interns who are returning students are expected to give an oral presentation of their internship experience in the fall semester following the internship.


Need assistance learning how to jump start your search for an internship? Want a counselor to review your application materials before submitting them? Contact the Center for Innovation, Creativity and Entrepreneurship at (336) 758-3153 to schedule an appointment.


Application deadline:  April 13, 2015

Application Elements (see links at top of page): 

  • Online Form - complete online
  • The Proposal - complete in Word and upload to Online Form
  • Your Resume - complete in Word and upload to Online Form
  • Host Letter stating nature and duration of work - obtain from host and upload to Online Form

 If you are abroad, please contact Lisa Burton (burtoneg@wfu.edu) regarding application submission.

Notification will go out by TBA

Selection Criteria

A University committee will select grant recipients.  All decisions are final.  Grants are awarded only for the internship stated on the application and can not be transfered to another internship.  Wake Forest University, as provided by applicable federal and state law and University policy, prohibits discrimination on the basis of race, color, national origin, religion, sex, disability, marital status, age, sexual orientation, citizenship, or status as a covered veteran.