Summer Intern, Funding Agreements

Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City’s diverse people and businesses.   

Our MissionCreating a vibrant, inclusive, and globally competitive economy for all New Yorkers. 

Internship Program Overview: Our 2025 Summer Internship Program is a paid 10-12-week internship program, scheduled to begin on June 2, 2025. Interns are expected to work full-time throughout the summer.  

Summer interns will join an intern class consisting of undergraduate and graduate students to work on exciting projects in one of EDC’s many dynamic departments. Summer Interns will also participate in training programs, networking events, and other professional development opportunities over the course of the program.  

Our Summer 2025 Internship Program application deadline is Monday, December 2. All materials must be submitted by EOD that date – incomplete or late applications will not be considered. 

Department Overview: The Funding Agreements Department oversees all contracts that enable NYCEDC to distribute funds to non-City organizations for projects that provide the City with public benefits. Projects range from renovations to property acquisitions to multi-phased construction projects. Funding recipients include small community organizations (often for community and senior centers, social services organizations, healthcare facilities, and museums), internationally recognized cultural institutions, and private entities implementing key economic development projects. The intern will work on projects to centralize and consolidate various reporting requirements; to streamline processes with internal and external stakeholders; and to complete documentation of critical project milestones. In addition, the intern will also process payments, compile approval documents for the NYC Office of Management & Budget and the NYC Comptroller and liaise between various departments within NYCEDC.

Intern Responsibilities: 

  • Assist project manager directly and significantly with active projects 
  • Work with department staff to facilitate the implementation of contracts funding capital construction projects throughout NYC 
  • Assist project managers in researching, data collection, writing technical briefs, and designing classes/workshops 
  • Assist project managers in collecting, reviewing and processing project documents  
  • Assist in reviewing, approving, and tracking a large volume of reimbursements requests from client organizations 
  • Coordinate between external agencies, internal departments, and funding recipients the collection and maintenance of compliance documentation  
  • Work with project managers to develop and implement process solutions to improve operational efficiency 
  • Assist with coordinating and hosting departmental programming events  
  • Monitor and track internal inquiries by other department, City agencies, and client organizations    
  • Perform general department office duties  
  • Other duties as assigned 

Qualifications & Requirements: 

  • Preferred field(s) of study: Non-profit administration, public administration, public policy, urban planning, capital or public finance, economics, and/or GIS.  
  • Must be enrolled in an undergraduate or graduate degree program; recent graduates are also encouraged to apply 
  • Demonstrated enthusiasm for the mission of NYCEDC 
  • Demonstrated written, verbal, and analytical skills  
  • Demonstrated experience in using database and presentation tools, including Excel, PowerPoint, and Word 
  • Detail-oriented and organized, with the ability to multi-task and manage deadlines 
  • Ability to work in collaborative, cross-functional teams 
  • Ability to work full-time, Monday-Friday 9AM-5PM and complete the entirety of the 10-week program 

Salary Target: $19.00/hour (undergraduate-level students); $24.00/hour (graduate-level students) 

For more information, visit our website atedc.nyc. 

Salary Range

$19 - $24 USD

About Us: New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy. 

NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balanceWe offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:  

  • Generous employer subsidized health insurance 
  • Medical, dental, and pharmacy plans  
  • Vision and hearing benefits
  • Flexible spending accounts for healthcare and dependent care  
  • Short term and long-term disability coverage
  • 100% employer covered life insurance and supplemental life insurance coverage
  • Up to 25 vacation days
  • Floating Holidays and Summer Fridays
  • Parental leave - up to 20 paid weeks
  • Retirement savings programs
    • Company-paid 401(a) defined contribution plan
    • 457(b) tax-advantaged retirement savings plan
  • Tuition Reimbursement program
  • Continuing education and professional development
  • Public Service Loan Forgiveness (PSLF) eligible employer
  • College savings plan
  • Backup childcare  
  • Gym membership discounts
  • A Calm.com membership for mindfulness and mental health support  
  • Employee discounts through Plum Benefits and much more   

Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization. 

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents. 

For more information, visit our website at edc.nyc. 

 

 

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