The Georgetown Venture Fellows are selected in November/December and start in January. During the spring semester Fellows work approximately 10-15 hours/week (usually unpaid) for a venture firm in such tasks as due diligence, deal sourcing, and assisting portfolio companies. During the summer, Fellows work full-time as a summer intern in the firm (may be paid a market-rate wage, which varies by firm). When the fall semester starts, the Fellow and the firm have the option to continue a part-time work arrangement for the rest of the calendar year. There is no expectation or promise of full-time employment with the firm at the end of the Fellowship, though some of our Fellows have secured full-time positions in venture capital through this program.