{"id":39155,"date":"2021-12-06T17:29:57","date_gmt":"2021-12-06T22:29:57","guid":{"rendered":"https:\/\/blogarchive.utc.edu\/news\/?p=39155"},"modified":"2021-12-10T18:23:03","modified_gmt":"2021-12-10T23:23:03","slug":"truist-gift-launches-internship-program-for-small-businesses","status":"publish","type":"post","link":"https:\/\/blogarchive.utc.edu\/news\/2021\/12\/truist-gift-launches-internship-program-for-small-businesses\/","title":{"rendered":"Truist gift launches internship program for small businesses"},"content":{"rendered":"<div id=\"attachment_39159\" class=\"wp-caption alignright\" ><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"926\" data-attachment-id=\"39159\" data-permalink=\"https:\/\/blogarchive.utc.edu\/news\/2021\/12\/truist-gift-launches-internship-program-for-small-businesses\/truist-gift-21-303\/\" data-orig-file=\"https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303.jpg\" data-orig-size=\"1280,926\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Truist Gift-21-303\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-1024x741.jpg\" class=\"wp-image-39159 size-full\" src=\"https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303.jpg\" alt=\"\" style=\"max-width: 100%;\"style=\"max-width: 100%;\" srcset=\"https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303.jpg 1280w, https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-300x217.jpg 300w, https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-1024x741.jpg 1024w, https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-768x555.jpg 768w, https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-1536x1111.jpg 1536w, https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-580x419.jpg 580w, https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-610x441.jpg 610w, https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-250x181.jpg 250w, https:\/\/blogarchive.utc.edu\/news\/files\/2021\/12\/Truist-Gift-21-303-553x400.jpg 553w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><p class=\"wp-caption-text\">From left, Joe Ferguson, chair of the College of Engineering and Computer Science (CECS) executive advisory board, CECS Dean Daniel Pack, UTC Chancellor Steve Angle, and Jim Vaughn, market president at Truist and a member of the CECS executive advisory board.<\/p><\/div>\n<div class=\"well span3 pull-right\">\n<ul>\n<li>The <strong>Small-Business Intern Initiative<\/strong> supports small businesses within 40 miles of the UTC campus. Applications for summer 2022 are being accepted through March 1.<\/li>\n<li>Employers interested in being considered for the partnership can <a href=\"https:\/\/utk.co1.qualtrics.com\/jfe\/form\/SV_0krCrpdQnIefncG\">click here<\/a> to be directed to a sign-up\/application link.<\/li>\n<li>CECS students interested in applying to the internship program should contact career counselor <a href=\"mailto:Nicole-wake@utc.edu\">Nicole Wake<\/a> for additional information.<\/li>\n<\/ul>\n<\/div>\n<p>Small businesses without internship budgets and women and minority students seeking internships all stand to benefit from the launch of a new program announced Tuesday by the University of Tennessee at Chattanooga College of Engineering and Computer Science (CECS).<\/p>\n<p>The announcement of the Small-Business Intern Initiative was part of a celebration commemorating a $125,000 gift from Truist. The funding from the financial services company will provide paid student internships at smaller businesses that lack capital for internships, with a particular focus on women and minority students.<\/p>\n<p>As a partnership with small businesses within 40 miles of campus, the initiative has a threefold benefit: Offering students a broader range of opportunities to gain internship experience; strengthening relationships between UTC and local businesses; and showcasing the benefits of larger companies supporting smaller companies, demonstrating the welcoming nature of Chattanooga as a place for startups and new initiatives.<\/p>\n<p>\u201cThis is a partnership focused on helping students with gaining real-world experience so they are job-ready upon graduation,\u201d UTC Chancellor Steven R. Angle said. \u201cLarge companies often have active internship programs, but smaller ones struggle with having the resources to compete for their students. Yet, some of those small businesses offer some of the most rewarding opportunities for our students to engage in because they get to do so many different things.<\/p>\n<p>\u201cThis initiative will prioritize both small business development and hands-on learning opportunities for students by providing funding for the internships.\u201d<\/p>\n<p>In talking about the dual importance of adding internship opportunities for students while assisting small businesses with budget constraints, CECS Dean Daniel Pack pointed out an important long-term component to the initiative.<\/p>\n<p>\u201cWe are promoting the economic role of the region by assisting these small businesses,\u201d Pack said. \u201cThe approach that we\u2019re taking, a partnership between private, academic and nonprofit organizations, really establishes seed funding for an endowed internship program for the future.<\/p>\n<p>\u201cThat\u2019s our plan, making this an internship of perpetuity for future students who attend the College.\u201d<\/p>\n<p>Other speakers included Joe Ferguson, chair of the College\u2019s executive advisory board and former EPB board chair, and Jim Vaughn, market president at Truist and a member of the College\u2019s executive advisory board.<\/p>\n<p>\u201cThe major focus of this grant is workforce development, which is much needed in our area,\u201d Vaughn said. \u201cThis funding offers College of Engineering and Computer Science students paid internships focused on small businesses, supporting both the students and the small businesses and creating a win-win across the board.<\/p>\n<p>\u201cAt Truist, we\u2019re committed to advancing diversity, equity and inclusion. We\u2019re excited to expose more students to the Greater Chattanooga business community, creating opportunities to help them thrive. That\u2019s our purpose at Truist, to inspire and build better lives and communities.\u201d<\/p>\n<p>Irene Hillman, CECS director of student success, said the program would create 25 student internship opportunities, as small businesses will receive $5,000 to fund those internships.<\/p>\n<p>\u201cWhat I love about this program is that it\u2019s so Chattanooga. It\u2019s collaborative. It\u2019s a private business supporting a public university supporting private businesses,\u201d Hillman said. \u201cChattanooga does collaboration really, really well, and this program is a great example of that.\u201d<\/p>\n<p>She said the College actively seeks small-business partners, with internships slated to begin in summer 2022.<\/p>\n<p>\u201cWe will collect resumes from students interested in the program and we\u2019ll send them out to the employers. They will do the screening, the interviewing and the selecting of candidates,\u201d she said.<\/p>\n<p>According to the National Association of Colleges and Employers, 56% of internships result in full-time or permanent positions.<\/p>\n<p>Interning helps students immerse themselves in their chosen profession with real-world applications through hands-on projects that they may or may not have been exposed to in the classroom\u2014as well as possibly discover new fields of interest.<\/p>\n<p>\u201cWhen we think about career development, we\u2019re thinking along the lines of, \u2018What\u2019s the Monday after graduation looking like for our students?\u2019\u201d Hillman said. \u201cWe want them to move into roles where their strengths are utilized, their purpose is being honored and they feel happy when they go to work. An internship opportunity is a great way for students to recognize where they fit in the world of work.<\/p>\n<p>\u201cI hope this is also the kickstart for businesses. When they think about internships, I hope that they will consider our interns as possible full-time hires for their staffs.\u201d<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Small-Business Intern Initiative is funded by a $125,000 gift from Truist.<\/p>\n<p class=\"more-link-wrap\"><span><a class=\"more-link button text\" href=\"https:\/\/blogarchive.utc.edu\/news\/2021\/12\/truist-gift-launches-internship-program-for-small-businesses\/\"><span>Continue Reading <\/a><\/span><\/p>\n","protected":false},"author":1493,"featured_media":39167,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","_ef_editorial_meta_checkbox_slider":"","_ef_editorial_meta_checkbox_featurette":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[59,3,122313,661],"tags":[119126,119125],"class_list":{"0":"post-39155","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-college-of-engineering-and-computer-science","8":"category-community","9":"category-experiential-learning","10":"category-students","11":"tag-small-business-intern-initiative","12":"tag-truist","13":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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