SOURCE: VentureLoop

February 26, 2008 10:30 ET

VentureLoop Launches Internships for Venture-Backed Startups With New PitchMe! Feature

SAN FRANCISCO, CA--(Marketwire - February 26, 2008) - VentureLoop, the leader in job postings exclusively for venture-backed startups, announced the launch of its 2008 summer internship program targeted at top MBA students who want to work with startup companies. After a successful pilot program in 2007 with Harvard Business School and MIT Sloan, VentureLoop has added student groups from Columbia Business School, University of Texas McCombs, Kellogg at Northwestern, Wharton at Pennsylvania, University of Chicago Graduate School of Business, Stanford University Graduate School of Business and University of California Berkeley Haas MBA program.

The program allows venture-backed companies to post internships and search the student resume database, while students can apply directly to company internships or post their resume to be searched. Unlike typical interns, the students from these programs can step into a job needing no more assistance than any other senior level employee.

"Finding quality startup internship opportunities can be a difficult process, and VentureLoop will be a valuable resource to make the search much easier," said Josh Miller, an MIT Sloan student and member of the Entrepreneurship & Innovation program. "The site is phenomenal and caters perfectly to the interests of students in the new Entrepreneurship & Innovation program," added Bennett Fisher, another student in the program.

PitchMe!

A unique feature launched by VentureLoop allows startups to post a generic internship opening and have students "pitch" them on what they could offer for the summer. This gives startups the flexibility to see what help students can offer their venture while allowing students to think creatively about how to "pitch" their skills.

"I really like the PitchMe! feature," said Sunil Nagaraj, a student at Harvard Business School. "It will allow me to craft a role for myself that demonstrates the unique strengths I can bring to the table that go far beyond what a resume communicates."

"The internship program has been a great complement to our regular startup job postings," said Jeremy McCarthy, CEO of VentureLoop. "We have relationships with several hundred venture-backed startups, and this is a perfect opportunity to connect them with entrepreneurial-minded students at top graduate programs."

The internship program is open to any company backed by an institutional venture capital firm. Companies can email internship@ventureloop.com to request access to the program at no cost.

About VentureLoop

VentureLoop is the leading website dedicated to job postings for venture-backed startup companies. Founded in 1999, VentureLoop creates direct relationships with the world's top venture capital firms to connect their portfolio companies with quality candidates. Candidates can search the VentureLoop website for thousands of jobs at startups backed by top tier venture capital firms. VentureLoop's VentureCareers product is a hosted career page for venture capital firms, allowing portfolio companies to advertise job openings directly onto their venture capital firm's public website. VentureLoop also publishes the weekly VentureLoop Insider Newsletter, which communicates valuable information about startup news, funding, and career advice. Find out more at www.ventureloop.com.

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