Startups create Fintern Fever to find university student interns

Photo: Stone & Chalk/ Facebook.

University students have taken to digital speed dating to get an internship with a startup.

The Fintern Fever, at incubator Stone & Chalk in Sydney tomorrow, uses Data61’s Ribit platform to allow 50 students at universities across Australia to pitch to startups.

The prize is an internship over the mid-winter break.

Fintech is one of the fastest growing sectors with analysts Frost & Sullivan estimating the Australian Fintech market will grow to $4 billion by 2020.

Last year the first Fintern Fever saw 26 interns matched with 17 startups. A number of students have continued to work with the businesses while they complete their studies.

“Some of the students have even landed full-time roles, which shows that having an internship or work experience is one of the best ways to secure full-time employment after you graduate,” says Liz Jakubowski, Director of Ribit.

The event starts with each of the startups delivering a 30-second pitch to the students, followed by a six-minute window for the students to promote themselves.

CSIRO’s Data61 launched Ribit as an online platform to easily connect students to startups and businesses for the work experience they need to be ready for the workforce.

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