Student Intern, UCeed Energy Fund, Innovate Calgary

Position Description

Student Intern, UCeed Energy Fund 

ABOUT UCEED FUNDS (CALGARY, ALBERTA)

Since its inception in 2020, UCeed has become one of Alberta’s most active early-stage investors. UCeed is the University of Calgary’s group of six start-up investment funds with $25M Assets Under Management and is one of Canada’s most active venture capital funds having made 56 investments for $7M since inception. In addition to investing and portfolio support activities, the UCeed group is responsible for managing Innovate Calgary’s portfolio of equity and royalty holdings and overseeing the development, selection, and divestment of these assets. The UCeed team also takes an active role in coaching and mentorship to increase value in UCeed portfolio companies.

STUDENT INTERN, UCEED ENERGY FUND

We are looking for highly engaged candidates with a passion for entrepreneurship, the ability to learn quickly and execute with excellence, accuracy, attention to detail, and superior communication skills. The ideal candidate will be organized, have a bias for action, and have a deep commitment to growth and learning. This role will involve a dynamic range of initiatives that have a tangible and significant impact on the UCeed Energy Fund program. During its initial 9-month operation, UCeed Energy evaluated over 100 ventures, conducting thorough due diligence on 16 companies, in-depth analysis on 9, and invested in 4. Annually, the team is projected to screen over 200 companies, delve deeply into 25-30, and invest in 10-12.

The Internship Role: 
We welcome intern candidates from across Canada to submit their interest.
UCeed is currently hiring one intern starting May 1, 2024 for a period of 4-12 months, depending on the candidate’s availability (please specify in the cover letter to your application).
This position will report to and be mentored by the Manager of the UCeed Energy Fund and the Director of the UCeed Energy Fund. UCeed has very good relationships with other venture capital and private equity firms in Calgary and across Canada and an internship with UCeed is an excellent step towards a career in this industry. Interns will gain comprehensive exposure to all facets of our active venture capital firm.

Key Responsibilities

Responsibilities for the Student Intern include:

• Engaging with prospective ventures.
• Performing intrinsic analysis and due diligence on a variety of industries, technologies, markets, business & financial models.
• Drafting investment documents, including investment memos (IMs).
• Participating with and leading meetings with ventures and stakeholders.
• Participating in/observing most key decision meetings for the fund, including the Investment Committee meetings.
• Supporting portfolio companies and maintaining portfolio metrics.
• Enhancing our fund deck with data analytics and visuals such as charts and graphics.

Attributes for Success:

• Actively enrolled in a post-secondary under-graduate or graduate-level program within Business Administration, Commerce, Innovation, and/or related field of study.
• Demonstrated experience in effective communication and presentation skills; excellent interpersonal, written, and verbal communication skills.
• Demonstrated experience in project planning, time, and event management; flexible and adaptive to handle project changes.
• Strong Microsoft Office skills; experience with using CRM software is an asset.
• A high performer with ability to work within deadlines with a high attention to detail.
• Ability to adapt to a changing work environment.
• Ambitious with the desire to continuously learn and the ability to adapt to a dynamic growing organization.
• Excellent independent problem solving and decision-making skills.
• Strong organizational skills; must be detail oriented and highly organized.

Qualifications and Characteristics:

Prior investment experience is not required for the UCeed Energy Fund internship; however, ideal candidates should exhibit the following qualities:

• High intellect, curiosity, and critical thinking.
• Strong analytical abilities and modelling skills.
• Effective verbal and written communication skills; able to adapt communication styles to suit different audiences.
• Effective facilitation skills; able to facilitate group discussions and present data and metrics-based presentations.
• Entrepreneurial mindset and meticulous attention to detail.
• Excellent interpersonal skills; able to thrive in diverse and fast-paced environments.
• Ability to work unsupervised with a “get things done attitude” and a commitment to the completion of tasks and projects.
• Experience in paid employment, including part-time and summer jobs (to be listed in the application).
• Candidates are not required to be in a business program as many venture capital professionals are from science, engineering, medical, machine learning and other domains; a joint business/technical university program would be an asset.

Location, Compensation and Benefits:

• Interns will work at the Energy Transition Center in the Ampersand Building in downtown Calgary.
• Relocating interns may receive a modest moving allowance.
• Salary compensation of $45,000 per year, prorated to the length of the internship.
• Full-time hours are required; however, flexibility for academic and extracurricular commitments will be permitted. We recognize students may have select course and/or extra-curricular commitments while working a full-time internship. All expected commitments should be outlined by the candidate before accepting the position.

How to Apply:

Please address the role of UCeed-Internship and submit your cover letter and resume to [email protected] and [email protected].

We thank all applicants for their interest; however, only those selected for an interview will be contacted. 

Application Closing Date: 

The posting will remain open until a suitable number of interns have been identified. 

Innovate Calgary and UCeed is an equal opportunity organization committed to building and fostering a fair and inclusive community that values diversity and encourages respect for all. We welcome applicants across any race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, Indigenous status, or any other legally protected factors. We recognize the value of identifying and removing barriers for any applicants interested in participating in our programs.