Advising · Business model

What's the best business model for a virtual internships platform?

Abdelaziz SLIMANI Digital Marketer, Looking for a technical cofounder to lunch a startup in homemade food delivery

May 26th, 2020

I am drafting a new startup idea and I need your advice.

It's about virtual internships platform that enables student to have remote professional experiences inside companies.

What type of monetization should I think of since we still don't have electronic paiement in my country?

Gaurav Need a BDM for ASEAN Market

May 28th, 2020

Hi Abdelaziz,

Two Indian companies are providing exactly what you are trying to offer. The names of the companies are TATA CONSULTANCY SERVICES and INFOSYS.

Checkout them to know more about this business segment.

Dane Madsen Organizational and Operational Strategy Consultant

May 28th, 2020

I am working with the son of a friend whose university is paying the student a small stipend of $1,000 a month for the summer break (3 months total) if they can get a relevant internship this summer, even if it is not paid. His major is structural engineering that has been impacted severely by COVID locally. Finding an internship, funded by the university, could be interesting.

David M

May 27th, 2020

Abdelaziz, that is an interesting idea. In the USA, school related internships are restricted to credit only, or at least they were..honestly I have not been around that in a while. But if it is legal to pay for internships, have you asked yourself what other type of compensation the student would value? Example could be food compensation with local cafes in which the exchange of funds is between you and the business for which the student will then utilize a draw down form of compensation. Happy to think more on it if you can provide a little more background.