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Innovation Ventures Intern - Summer 2023

Job Number:  53550
Group:  Magna Corporate
Division:  Magna Services of America (Troy Office)
Job Type:  Student




Job Number: 53550 
Group: Magna Corporate  
Division: Magna Services of America (Troy Office) 
Job Type: Student 
Location: TROY 


Group Description 

At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We’re the only mobility technology company and supplier with complete expertise across the entire vehicle.

We are committed to quality and continuous improvement because our products impact millions of people every day. But we’re more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it’s our talented people who lead us on this journey.


Role Summary

This position would support the office of Magna Innovation Ventures in the activity of finding, monitoring, researching and potentially investing in startup companies related to the future of the automotive industry. 

Key Responsibilities

•    Researching Startup companies and corresponding technologies globally
•    Advanced research prior to an event or conference on attendees, companies of interest, etc. 
•    Organizing historical database on startup pipeline
•    Researching Venture Capital firms globally and creating a database
•    Organizing file structure for investment portfolio and pipeline
•    Support for LinkedIn outreach and brand awareness

Key Qualifications/Requirements

•    Legitimate interest in new technology areas and the ability to research and learn independently
•    Massively intellectually curious 
•    Organized
•    Both a technical (hardware or software) and finance background is ideal – strong in one is required
•    Junior or Senior University student
•    Skilled in Microsoft Office (Word, Excel, PowerPoint) 
•    Strong written and verbal Professional Communication skills

Additional Information

•   Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer.

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.

Nearest Major Market: Troy
Nearest Secondary Market: Detroit

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