VC Fellowship @ IDEA Fund in Durham, NC


As one of the oldest and most active early-stage venture capital firms in the Southeast, IDEA Fund Partners’ investment philosophy has been honed from years of experience. Based in Durham, NC, we fund entrepreneurs who are applying technology and business model innovations to industries in the earliest stages of digital disruption with an emphasis on overlooked people, places and stages.

We are currently looking for our next Venture Fellows to join Idea Fund Partners’ Spring 2023 Program starting mid-January.

Our most successful fellows are described as intellectually curious, self-starters, ambitious, and engaged, with strong written and analytical skills. This is a great opportunity to assist with an array of firm matters and examine the next generation of startups and innovation. This internship is open to undergraduate and graduate students, in addition to other professionals. The approximate time commitment is 10–15 hours per week. In addition to core responsibilities outlined below, fellows are also offered structured lunch-and-learn seminars to gain a deeper understanding of startups and venture capital.

This is an unpaid position, with sponsorship for course credit available.

To apply, please complete this application form by Friday, December 16th, 2022


Core role responsibilities will include:

  • Assisting with sourcing prospective investment opportunities, including attending demo days and reviewing databases
  • Completing research reports examining startup, investment, and innovation trends within an assigned industry & subsector

Additionally, ad hoc projects will be scoped out throughout your experience, some of which include:

  • Ad hoc due diligence research projects

2. Operations & Finance

  • Support recurring monthly and quarterly financial reporting
  • Complete financial models -Assist with operational and technology-related improvement projects

3. Marketing & Content

  • Assist with expanding social media presence
  • Support production of monthly firm newsletter
  • Complete comparative review of peer group’s marketing presence.

Application Deadline: Friday, December 23rd, 2022

Tentative Interview Dates: Week of January 9th

Tentative Start Date: Monday, January 23rd, 2023

Tentative End Date: Friday, May 26th, 2023

To apply, please complete this application form by Friday, December 23rd, 2022. Please reach out to Lewis Burnham with any questions.