Startup Internship Program
An R&D based industrial training program designed for post high school graduates to help them build a future proof career path in a 1 to 4 year period.
Objective
It’s a cross faculty program designed to expose post high school graduates to social innovation and entrepreneurship, help them build future proof career paths as job creators rather than job seekers.
Co-create communities, solutions and ecosystems to solve the world's biggest problems including the United Nations Sustainable Development Goals 2030 and make the world a better and inclusive place.
It’s got a built-in robust governance and controls framework that mitigates risks of failure and improves project success rate significantly.
It’s run on an online co-creators platform with embedded workflows to deliver quality startups and solutions under supervision of industry domain experts.
Program Features
It's got a standard co-creators contract that helps co-creators fast-track venture building and deliver massive projects.
The program has 990 workshops of 2-hour each.
If you take 5 to 20 workshops a week, you can complete the program within 1 to 4 years.
You can take a break or even discontinue the program anytime as long as you have delivered the tasks in hand you have committed to work on.
Flextime work schedule.
Work from a nearby workspace
Takeaways
Get exposure to projects from the industry and UN SDGs 2030
Get an internship certificate for the number of terms you complete as per your university requirements.
Get Value Addition Certificate for every project building block you deliver to build up your skills.
Every Value Addition Certificate comes with Equity Credits.
Convert the Equity Credits earned into cash stipend or equity stocks depending on options offered by relevant projects.
Apply for a domain expert role as a co-creator upon completion of the program that's 990 workshops of 2 hour each.
Terms & conditions apply.
Skill faculties and domains of expertise
The program helps build the whole range of skills from startup to scale up an enterprise including skills to co-create users communities, solutions or products and enterprise ecosystems.
A high level outline of in-scope faculties or domains of expertise is as follows:
Community building – learn leadership, sharing economy and ideation process.
Mission control – learn decision making, planning & controls and delivering promises.
Marketing – learn digital marketing strategies and tools, multimedia content creation and connecting with target audience.
Solution building – learn co-creating products and systems using R&D based techniques, modern technologies and tools.
Value delivery – learn and automate order to cash process steps
Sourcing and resourcing – learn win-win negotiation and ecosystem building skills.
Operation controls that involve delivering operational plans, managing risks and stakeholders.
You'll be assigned only those tasks that interest you out of the work postings from various projects.
Modus Operandi
Projects are broken down into Building Blocks [BBs] as per domains of expertise
BBs are broadcast in the Work Postings forum at Better World Makers Network.
Members of the program work as Research & Development Associates [RDA] in Building Block [BB] Delivery Teams.
RDAs reply to work postings that interest them.
Domain Experts assigned to BBs share details like BB scope, estimated man-hours required to deliver the scope, timeline, stipend details etc with all interested RDAs.
Domain Experts make offers to shortlisted RDAs and agree terms.
Selected RDAs schedule workshops according to the BB requirements.
BB Delivery Team work in those online workshops to deliver the BB.
RDAs get certificates for the value addition and account statements for financial settlements upon successful delivery of building blocks.
Eligibility
High school graduates
Champions of personal mastery
Excellent skills to research, rank and resource to render given objectives
Must have a fit for purpose laptop and a high speed internet.
Must have access to a workspace like a nearby university or neighborhood public library or co-working space as work-from-home is not counted.
Must be a member of Better World Makers Network; the membership is free of cost but mandatory to maintain for the duration of the program.
Terms & conditions apply.
Financials
General Overview
When work postings are shared with Research and Development Assistants (RDAs), they agree with specific terms and conditions, such as stipends, stocks options, payment terms, the number of workshops required, project deadlines, billing procedures and how any net surplus after workshop costs will be shared among team members. There is a standard Co-creators Contract designed to provide market based terms to make it work for all parties. Terms offered by BBs are supposed to be inline with them unless there is a good reason for a deviation like local laws, special requirements etc. The stipend budgets are supposed to be large enough to deliver a net surplus after workshop costs. RDAs can choose to ignore any BBs that offer unfair terms. It's important to note that the terms included in the BBs once accepted by the parties shall be final and binding, overriding any other agreement or understanding.
Earnings
Once added to delivery teams of respective BBs, RDAs earn Equity Credits [ECs] as stipends for Building Blocks [BBs] they deliver. ECs are paid in cash on delivery or as soon as the domain expert bills are settled by respective projects. Projects are usually entitled to a 90 days credit (backed by stock options) as per the standard Co-creators Contract.
Costs
As part of their respective delivery teams, RDAs work in collaboration with PMO members and domain experts in (online) workshops to develop Building Blocks. The PMO is responsible for running the workshops, which typically cost a couple of dollars per two-hour session. RDAs are required to pay the workshop fees upfront when scheduling the necessary number of workshops to deliver the BB. If an RDA fails to attend a scheduled workshop, the fee is forfeited.
Example
In response to a work posting, a domain expert approves an RDA's offer to deliver the BB in 5 days in 20 workshops of two hours each against Equity Credits (or stipend) in cash @ $4 per workshop payable in 90 days. Any overdue amount is secured by stock options at 40% equity out of the amount billed as per the standard Co-creators Contract.
PMO charges $2 per workshop payable in advance.
In the above example, the net surplus for the RDA will be ($4 x 20 workshops = $80) - ($2 x 20 workshops = $40) = $40.