EdTech start up InternMatch’s program has seen over 10,000 students matched and placed in internships, with over 65 per cent of participants offered an ongoing role at the end of their placement.
After realising that the biggest problem for students wasn’t choosing a degree, but instead, securing a job after completing a degree, the founders of InternMatch began placing students in internships around the world.
Their program has seen over 10,000 students matched and placed in internships and over 65 per cent of participants have been offered an ongoing role at the end of their placement.
In this model, the company receives income from universities and governments to run the platform for students, and also receive a commission for any student that successfully converts their internships to full-time employment.
The digitally enabled platform is also using machine learning to help maximise chance of successful placements for students and businesses – and has now caught the eye of investors diving in to help accelerate the footprint of the operation.
Read more about this business in the Australian Financial Review here (subscription required)