Graduate internship programme gives resource 'boost' to SMEs

Published: 15 March 2010 at 09:34

Programme helps to increase resource for short-term projects

Anglia Ruskin University has created a new Graduate Internship Office to make it easier for organisations to find the right graduate intern for their business. Over 150 high calibre graduates are registered and eager to start work.

A graduate internship is ideal for increasing resources for a challenging short-term project without the long-term commitment. Ade Asefeso, Operations Director at Radio-Tech Ltd, one of the first to use the scheme, said:

“I think we are a fairly typical SME, it’s not that we don’t know what’s wrong with us, or how to fix it, but we don’t have the time to fix it.”

He added,

“What really excited me was we were able to bring in a graduate to an SME of this size; normally it would cost thousands and he was able to focus on a particular business issue. Within three days he came back with a solution. Basically I think the graduate internship programme is the best thing since sliced bread.”

The first fifty companies to register for a graduate intern before 31 March 2010 will benefit from a subsidy made possible by Government funding, reducing the cost of the internship to £175 per week (plus VAT); the graduate receive a wage of £250 per week. The graduate must have graduated from a UK university and be a resident in the region to be eligible. They are employed by the University for the duration of the project, making it simple and straightforward for the company and graduate.

It is not only the company that benefits. Internships help recent graduates gain work experience and develop professional work-based skills to complement their degree and improve their employability.

For further information and to apply, please call Lynsey McCulloch in the Graduate Internship Office on 0845 196 2840 or email today.

The internships are funded by the Higher Education Funding Council for England (HEFCE), the Economic Challenge Investment Fund and STEP. From 1 April 2010 the cost to companies will be £250 per week plus VAT.