Growth Programs
Helping Iowa Employers Hire STEM Students
The Science, Technology, Engineering and Mathematics (STEM) Internship program provides grants to Iowa companies for internship programs with a goal of transitioning interns to full-time employment in Iowa upon graduation. The goal is to retain educated workers in Iowa.
- Maximum award to an employer in any one fiscal year shall not exceed $50,000
- Funds disbursed on a reimbursement basis with a portion of wages actually paid to a student
- Reimbursement calculated to result in an equal share of the cost being borne by the employer and Iowa Workforce Development (IWD)
- For every two dollars of wages earned by the student, one dollar paid by the employer is matched by one dollar from the Iowa Workforce Development (IWD) and up to $5,000 per intern
Who Qualifies?
Businesses
- Employer that has or will apply during the same state fiscal year as the Iowa Student Internship Program (targeted industries) under 261 IAC chapter 104 is ineligible
- Employers eligible:
- Must be an Iowa-based business with significant employment presence in Iowa
- Must pay intern at least twice the minimum hourly wage (minimum $14.50/hour)
- Must offer internship(s) to students of Iowa community colleges, private colleges, regents universities or to students who graduated from an Iowa high school and attend a college or university outside of Iowa
- Must employ student(s) who are within 1 to 2 years of graduation (undergraduate or graduate student)
- Must offer either summer or semester internships
- Summer internship must last a minimum of eight weeks (averaging no less than 30 hours per week)
- Summer 2023 internships must be completed by September 2023
- Semester internship must last a minimum of 14 weeks (averaging no less than 10 hours per week)
Students
- Must be within 1 to 2 years of graduation (undergraduate or graduate student)) ***Students that have recently graduated, and are no longer current students, are INELIGIBLE for this program***
- Must be employed at an Iowa location
- Must be a student at one of the Iowa community colleges, private colleges, Regent universities or a student who graduated from high school in Iowa but attends an institution of higher learning outside of Iowa
- Must have a declared a major in a STEM field
- STEM field includes all majors listed on the ACT-defined STEM majors and occupations by area list
- Must participate in a substantive experience in an area closely related to the student’s STEM field
How Do I Apply?
- The STEM Internship Program is fully subscribed for FY23, to join the waitlist if additional funds become available, please email janece.hicks@iwd.iowa.gov.
Resources
- STEM Internship Program Fact Sheet (Download)
- STEM Internship Program Fact Sheet (Online)
- STEM Accepted Majors (Download)
- Affidavit Template (Download)
Related Programs
Iowa Student Internship Program
Contact
Janece Hicks
Workforce Program Coordinator
515-725-5422
janece.hicks@iwd.iowa.gov
Business