A group of venture investors and entrepreneurs who love the growth and potential of New York City’s startup scene, but think it could benefit from an infusion of talent, today launched an initiative to draw top tech students to the big apple.
The NYC Turing Fellows program will grant scholarships to the brightest students in computer sciences and engineering from the U.S. and Canada, while matching them with paid summer internships at some of New York’s hottest tech startups.
Named after Alan Turing, an early pioneer in computer science who created a number of critical techniques for breaking German ciphers, including the Enigma machine, during WWII, the program was organized by: a venture partner at Canaan Partners, Warren Lee; Brian Hirsch, managing partner at GSA Venture Partners; Mike Hudack the chief executive and co-founder of blip.tv; and Brendan Dickinson an associate at Canaan Partners and MBA student at NYU Stern.
Undergraduate and graduate students in engineering and computer science are eligible to apply for the fellowship online, via NYCturingfellows.org before February 7, 2011.
Fifteen finalists will be selected by a jury of local investors and entrepreneurs. Fellowship winners will get the aforementioned summer internship, and $5,000 in cash upon completion of their work, on top of their summer salary. The intern-fellows will also be required to attend mentoring and networking events throughout the summer, held by startups, universities, venture and law firms in the city.
The rock-starry list of startups that agreed to interview qualifying NYC Turing Fellows, and put them to work this summer includes:
Canaan Partners invests in visionary entrepreneurs and provides them the networks, insights and operational guidance required to build high-performance technology and healthcare companies. Founded in 1987, the firm has raised nine funds and completed more than 94 acquisitions and 54 IPOs. With $3 billion under management and a worldwide footprint, the firm is committed to catalyzing the growth of innovative digital media, communications & mobility, enterprise, clean tech, biopharmaceuticals, medical device, diagnostics and healthcare infrastructure companies. Canaan has offices...
TVP (formerly known as Greenhill SAVP) is an early-stage venture capital firm that partners with world class entrepreneurs in the NYC area leveraging emerging technologies and business models to create and disrupt huge markets.