Mercer Times

The Murphy Administration has announced that 133 employers in New Jersey have received grants through the Career Accelerator Internship Grant Program. This initiative will provide 574 paid summer internships to college students and recent graduates from New Jersey. The program targets those who are either attending or have graduated from a New Jersey college or university within the past year, as well as New Jersey residents studying out-of-state.

Interns will be compensated at $20 per hour for a commitment of 150-200 hours over ten weeks during the summer. The Office of the Secretary of Higher Education (OSHE) administers the program, which is supported by $2.4 million from the New Jersey Department of Labor and Workforce Development. Compared to last year, there is a 23 percent increase in internship opportunities for summer 2024.

Governor Murphy emphasized the importance of these internships, stating, “Infusing our state businesses with local talent from our esteemed colleges and universities not only supports New Jersey’s innovation economy but also builds a stronger and more prosperous state.” He highlighted that investing in paid internships ensures diverse talent pools develop skills and professional networks while receiving deserved compensation.

Research underscores the significance of experiential learning for career success. Secretary of Higher Education Brian K. Bridges said, “Through the Career Accelerator we are making sure students gain meaningful experiential learning aligned with their academic pursuits and are removing financial barriers to participation for students typically underrepresented in hands-on, paid internships—often women, students of color, and those first in their family to go to college.”

Labor Commissioner Robert Asaro-Angelo remarked on the broader benefits: “Paid internships are crucial for developing a strong workforce and supporting New Jersey businesses across a range of industries.” He noted that addressing skills gaps prepares students for workforce demands, fostering local talent pipelines that benefit New Jersey's economic health.

The program covers various sectors including STEM, construction, energy, finance, technology, media, hospitality, retail trade, and non-profits. More information can be found on OSHE’s website.