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Innovation Internship Jobs (NOW HIRING)

Fundwell, Inc

AI Innovation Internship

New York, NY · On-site

$20 - $25/hr

What You'll Be Working On We're accepting five interns, you'll be handed a real problem, a real budget, and the autonomy to solve it. We are hosting a 3 month long hackathon for interns to build ...

Everstream Analytics

OR · Hybrid

$400/wk

Program Overview We are looking for 3-4 GTM & AI Innovation Interns to support our team this summer ... Interns will collaborate with the BDR team, Account Executives, Customer Success, and our AI ...

Toyota

STEM Co-op & Internship Opportunities

Plano, TX · On-site

Process Improvement and Innovation: Interns are encouraged to observe current practices and suggest improvements. This may include observing workflows, identifying inefficiencies, proposing new ...

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How much do innovation internship jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for innovation internship in the United States is $17.31, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $19.23 per hour, depending on experience, location, and employer.

What is an Innovation Internship?

An Innovation Internship is a temporary position that allows students or recent graduates to work on projects related to developing new ideas, products, or processes within a company or organization. Interns in these roles often collaborate with cross-functional teams, conduct research, and contribute creative solutions to real-world challenges. The goal is to gain hands-on experience in innovation management, design thinking, and problem-solving, while helping the organization stay competitive and forward-thinking. Innovation internships are ideal for individuals interested in entrepreneurship, technology, or business strategy.

What are the key skills and qualifications needed to thrive as an Innovation Intern, and why are they important?

To thrive as an Innovation Intern, you need strong analytical abilities, creative problem-solving skills, and a background in business, engineering, or a related field, often demonstrated through ongoing undergraduate or graduate studies. Familiarity with design thinking methodologies, project management tools, and data analysis platforms is often required. Excellent communication, adaptability, and collaboration skills help you contribute effectively to cross-functional teams and dynamic projects. These skills are crucial for generating impactful ideas, executing innovative solutions, and supporting organizational growth in a fast-paced environment.

What types of projects do Innovation Interns typically work on, and how are they supported by the team?

Innovation Interns often work on cross-functional projects such as developing new product concepts, conducting market research, or supporting pilot programs for emerging technologies. They are usually paired with mentors or supervisors who guide them through brainstorming sessions, project planning, and collaboration with other departments like marketing or R&D. Interns are encouraged to share their ideas and are frequently included in team meetings, which helps them build professional networks and gain exposure to real-world innovation processes.

What is the difference between Innovation Internship vs Product Development Internship?

AspectInnovation InternshipProduct Development Internship
Required CredentialsTypically pursuing or recent graduates in business, engineering, or designOften students or recent grads in engineering, computer science, or related fields
Work EnvironmentCreative, collaborative, startup or corporate innovation labsDesign, engineering teams, product teams in tech or manufacturing companies
Employer & Industry UsageUsed in industries focusing on new ideas, R&D, and innovation projectsCommon in tech, manufacturing, and consumer goods companies developing new products

Innovation internships focus on generating new ideas, exploring emerging trends, and fostering creative problem-solving. Product Development internships concentrate on designing, building, and testing new products. While both involve collaboration and creativity, innovation internships are more exploratory, whereas product development internships are more execution-oriented.

More about Innovation Internship jobs
What cities are hiring for Innovation Internship jobs? Cities with the most Innovation Internship job openings:
What are the most commonly searched types of Innovation jobs? The most popular types of Innovation jobs are:
What states have the most Innovation Internship jobs? States with the most job openings for Innovation Internship jobs include:
What job categories do people searching Innovation Internship jobs look for? The top searched job categories for Innovation Internship jobs are:
Innovation Internship jobs near you
Infographic showing various Innovation Internship job openings in the United States as of May 2026, with employment types broken down into 1% Internship, 85% Full Time, 13% Part Time, and 1% Contract. Highlights an 77% Physical, 2% Hybrid, and 21% Remote job distribution, with an average salary of $35,995 per year, or $17.3 per hour.
AI Innovation Internship

AI Innovation Internship

Fundwell, Inc

New York, NY • On-site

$20 - $25/hr

Full-time

Posted 8 days ago

Job description

Build. Compete. Win $25,000.
Duration: June - August 2026 (3 months)
Fundwell is a financial technology platform revolutionizing the way businesses access capital. Traditional business financing often involves complex processes, hidden fees, and lengthy approval times. We're changing that and fast. Leveraging our proprietary technology, deep industry expertise, and ethical-first approach, we deliver quick, transparent, and tailored funding solutions to small and medium-sized businesses nationwide. Today, our platform is expanding beyond financing into receivables, payables, and embedded payments, giving businesses greater control over their cash flow.
What You'll Be Working On
We're accepting five interns, you'll be handed a real problem, a real budget, and the autonomy to solve it. We are hosting a 3 month long hackathon for interns to build something that can change the trajectory of Fundwell. Then we judge it, and someone will walk away with $25,000.
Your project will be scoped to your strengths and Fundwell's highest-leverage opportunities at the time. That means building AI-powered tools, automation workflows, and intelligent systems that create measurable impact across the business - from how we attract customers to how we build products.
Whatever your track, the expectation is the same: identify the opportunity, build the solution, demo your progress, and show results. We'll give you the resources. The rest is on you.
The Program
From day one, you're building toward a final presentation to a panel of judges that includes our executive leadership. Throughout the summer, you'll run regular demos to show your progress and iterate based on feedback. At the end, the intern with the best results - measured by real impact, creativity, and execution.
Prizes:
  • 1st Place: $25,000 grand prize
  • 2nd Place: An all-expenses-paid trip for you and your friends**

Who We're Looking For
You're a student with a genuine obsession with AI and automation. You don't wait for permission to build things. You've probably already shipped something on your own, even if it's small.
You should apply if:
  • You're comfortable working with LLMs, APIs, MCP and automation tools
  • You thrive with open-ended problems and minimal hand-holding
  • You want real ownership, not busywork
  • You're genuinely competitive and the idea of a $25K prize makes you sharpen up
  • You have a background in CS, engineering, data science, or a related technical field is preferred, but we care more about what you've built than your major.
What's in it for You
  • $20-25/hour base compensation
  • Latest-Gen Mac Mini workstation
  • Virtual spend card loaded with AI credits (Anthropic, OpenAI, and more)
  • A sandboxed environment to build freely - no red tape, no production risk
  • Direct access to Fundwell's leadership team
  • College credit coordination available upon request
  • A résumé line that actually means something

Apply