You need talent. Connecticut’s got it—and we can help you bridge the funding gap with our internship grant. Connecticut’s Technology Talent Bridge Internship Program (TTB) is a grant opportunity for Connecticut small businesses to provide funding for the hire of student interns. The program’s primary objective is to develop a talent “bridge” between the small business and the student, with the downstream objective of creating jobs. The program enhances industry and university collaboration and helps strengthen our workforce and retain talent in our state.
The program is designed to:
• Stimulate job creation through innovation;
• Provide stronger links between Connecticut companies and university students, reducing the likelihood that graduates will leave Connecticut, and
• Facilitate post-graduation hiring of students by Connecticut companies.
Participating businesses must be at least one year old, registered in Connecticut, and have fewer than 500 employees. Companies that receive the grant must be based in Connecticut and willing to maintain residence for the duration of the project contract.
Companies are required to be in compliance with all applicable employment and other laws and regulations. Prior to the execution of a standard agreement, the company will be required to provide letters of good standing from the Connecticut Department of Labor, Department of Revenue Services, and Secretary of State. Returning applicants must meet current eligibility and will be awarded no sooner than 12 months from the date of original contract.
For the purposes of this program, intern is defined as a student working for the company with the objective of learning the trade and gaining work experience. Interns should be actively enrolled students at a higher education institution, and eligible for full-time hire within two years of the conclusion of the internship. The company is responsible for ensuring this student is currently enrolled in the higher education institution and eligible to work in the state of Connecticut.
Interested companies that already have a hire selected, should submit an Application and Budget with the intern(s) identified. Companies will be notified by email regarding the decision to fund/not fund the project. Contracts are subject to available funds. The project will not be funded until an appropriate agreement between CTNext and the proposing company is in place.
Companies are encouraged to have a hire selected prior to applying for a TTB grant. If the company has not yet identified an intern, they will need to complete the Internship Job Description. These job descriptions will be posted at local colleges and universities and on the Connecticut Innovations website on behalf of the business. Matches through this process are not guaranteed.
Any materials submitted in response to this solicitation will be considered non-proprietary, unless otherwise specified and mutually agreed.
Applications must be submitted prior to 11:59 p.m. on Tuesday, May 1, 2018 for consideration for a summer internship. Applications received after the 11:59 p.m. deadline will not be considered for review during summer 2018.
Companies looking for intern(s) for later dates are still welcomed to apply.
Grants will be up to $25,000 per project to compensate the intern and a 50 percent match is required by the company. For additional information on funding, click “View Guidelines.”
For more information, contact: