Key Takeaways
- • NYCEDC, Company Ventures, Supermomos and eight other partners celebrated the close of the 2026 NYC Startup and Venture Capital Internship Programs, which placed over 130 NYC-based students in paid roles at nearly 90 startups and venture capital firms across the five boroughs.
- • 82 percent of 2026 internship placements went to CUNY students, and more than 250 students have participated since the programs launched in 2025.
- • The startup track placed over 100 students across 68 tech-enabled startups, with 57 percent continuing work after their internships and 27 percent receiving return offers or extensions.
- • The NYC Venture Capital Internship Program placed 32 students at 21 NYC-based venture capital firms, with 100 percent CUNY participation, over a third continuing employment and nearly a quarter receiving return offers or extensions.
- • Supermomos CEO Edwina Yeo said venture firms increasingly want interns who can use AI tools for research and investment workflows.
Summary
Several students have secured continued employment beyond the summer, including with host firms such as early-stage startups Emotivo Health, Cashably and Cetos Water, and venture firms Watershed Ventures, Rebalance Capital and Cistern Capital. Of 2026 placements, 82 percent were filled by CUNY students, and since launch in 2025, over 250 students have taken part in paid internships.
The NYC Startup Internship Program, a multi-year initiative supported by Company Ventures, Tech:NYC, the Zahn Innovation Center at City College, NYCEDC, Blackstone LaunchPad, Justworks and Basta, placed over 100 students at 68 tech-enabled startups. Forty-two percent of interns worked in software engineering or data science roles, and 57 percent continued working after their internships. Former interns have gone on to full-time tech roles at IBM and Healthfirst. The NYC Venture Capital Internship Program, supported by NYCEDC, Supermomos, Everywhere Ventures, CUNY IAR and Kauffman Fellows, placed 32 students at 21 venture capital firms; prior-cohort interns have joined Bloomberg and Accenture.
NYCEDC Interim President & CEO Jeanny Pak said the programs provide hands-on experience, mentorship and professional networks that can otherwise be out of reach for many New Yorkers. Supermomos Co-Founder & CEO Edwina Yeo said venture firms increasingly seek interns who can apply AI tools to research and investment workflows. Company Ventures CEO & Managing Partner Matt Harrigan and Tech:NYC President & CEO Julie Samuels also commented, as did CUNY Chancellor Félix V. Matos Rodríguez and officials including Manhattan Borough President Brad Hoylman-Sigal and Councilmember Virginia Maloney.
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