CIPCO Internship Program

CIPCO Internship Program

CIPCO Logo

CIPCO internships augment the academic programs of entrepreneurial students with experiential learning opportunities. This program provides funding for internships with small businesses, new ventures, economic development corporations, or other worthy programs. 

These internships provide a cost-sharing opportunity for the employing company. This is done through the generous support of Central Iowa Power Cooperative. CIPCO provides funds to offset the cost of the internship to the business owner as detailed below. This financial incentive is especially important for new ventures and rural communities, both of which may have limited financial resources for the engagement of an intern. These internships are limited to Iowa-based companies, with a special emphasis toward companies in the CIPCO service territory.

The Experience

The companies will be required to provide a substantial learning experience for the intern. The work is to be semi-professional to professional in nature, preferably in the student’s area of expertise. Examples of substantial work experiences might include: development of a business plan, marketing plan, website, etc.; organization of a large event; research and development assistance of a new product; assistance with the company’s accounting, recordkeeping, etc.; assistance with a technical operation for the company; assistance in industrial technology, engineering, chemistry, biology, physics, mathematics, etc.; and any other substantial learning experience. Internships should not include excessive supporting tasks such as photocopying, filing, lawn mowing, cleaning, food service, errand-running, etc. It is the responsibility of the business to find an intern. Interns must be a student at the University of Northern Iowa.

The opportunity to work for another student business through the CIPCO internship program introduced me to the idea of student-entrepreneurship and it led to lifelong lessons and friends. I started to see entrepreneurship as a very realistic path for my future and continued to leverage the JPEC, its staff, and its programs as I started a business, sold a business, and navigated the start of my career in the company that acquired us.

Therese (Kuster) Stevens
DIRECTOR OF OPERATIONS, BRACEABILITY

There are two options for students seeking internships through the CIPCO program. Preference will be given to undergraduate students for internship opportunities and businesses located in the R.J. McElroy Student business Incubator and UNI SBDC clients.

Employer / Employee Option

Interns are hired as employees of the business and the CIPCO program reimburses the company for half of the net wages paid based upon these business requirements.

Business Requirements

  • Office cannot be an in-home location
  • Completion of the Employer Application and submission before the deadline for the semester in which the business is applying for an intern. 

 

Academic Credit Option

This option is only available for students who meet their major's department internship requirement. Interns receive $750 scholarships for their work. Business owners are strongly encouraged to match the $750 stipend. Students are responsible for any additional tuition costs for the credits. 

Student Requirements

  • Fulfill internship requirement established by their area of study
  • Maintain student-status throughout duration of the internship
  • Meet with JPEC team member for orientation
  • Report to assigned JPEC team member every two weeks via email and once per month in person.
  • Complete exit interview with assigned JPEC team member.

Take your business to the next level.

  • Cost effective staffing option
  • Students fulfill a role not being covered or pursued by the company
  • Connection to technical expertise through UNI
  • Potential to remain connected to the student
business solutions

Round out your education.

  • Career-building with real world experience
  • Connection to the company work culture and economic development network
  • Exposure and connection to future employers
  • Option for course credit
student support

Building a Better Iowa.

  • Most students with intern experience in Iowa remain in Iowa after graduation
  • Students with internships have more success obtaining professional employment
  • Internships typically result in better salaries for students as they enter their profession
  • Many interns return to work for their internship companies.
building a better iowa

Take your business to the next level.

  • Cost effective staffing option
  • Students fulfill a role not being covered or pursued by the company
  • Connection to technical expertise through UNI
  • Potential to remain connected to the student
business solutions

Round out your education.

  • Career-building with real world experience
  • Connection to the company work culture and economic development network
  • Exposure and connection to future employers
  • Option for course credit
student support

Building a Better Iowa.

  • Most students with intern experience in Iowa remain in Iowa after graduation
  • Students with internships have more success obtaining professional employment
  • Internships typically result in better salaries for students as they enter their profession
  • Many interns return to work for their internship companies.
building a better iowa

CIPCO actively supports economic and community development across the territory of our member-owned cooperatives. Continued expansion of economic development support proactively grows Iowa’s rural economy and creates new opportunities for Iowa’s young entrepreneurs following graduation.

Bill Cherrier
CIPCO Executive Vice President & CEO