Description of the Role
For those interested in pursuing Entrepreneurship Through Acquisition, our MBA interns work alongside an assigned Entrepreneurs-In-Residence (EIR) on prospective and current investment opportunities. As your EIR’s go-to team, you will wear multiple hats and serve as an extension of your EIR.
This is an incredible opportunity to get first-hand experience with Entrepreneurship Through Acquisition. As part of the internship, you will be given required readings, attend interactive Lunch and Learns (virtual), and granted access to an optional financial modeling online course that supplements and complements your work with your EIR. In addition to the NGP team, you’ll also be able to tap into our vast and notable network.
Commitment: Part-time (15 – 20 hours)
Dates: January 12th, 2026 to March 20st, 2026 (10 weeks)
Location: Remote
Compensation/Course Credit: Unpaid
Role Responsibilities and Shadowing Opportunities
What you’ll do
Guided by your EIR, conduct extensive primary and secondary research to identify attractive industries based on investment criteria and develop detailed investment theses.
Your EIR will train you on how to identify companies for potential investment and conduct detailed diligence on prospective investments, including analysis of business models, competitors, vendors, and customers.
As opportunities allow, your EIR will show you how to develop IOIs and LOIs and what pre-close due diligence entails.
Complete readings and attend interactive learning sessions hosted by NGP’s leadership team.
What you’ll take away
Gain insights into a wide range of industries, companies and business models—and discover which interest you. Learn what makes for effective theses and how to write them.
Understand what makes for a good potential investment and how to carry out due diligence. Practice real analysis of various stakeholders of a potential investment.
Learn about the steps after a target investment is identified and see what post-close due diligence looks like up-close.
The readings and assignments supplement and complement your work with your EIR and designed to give you a complete picture of the search process.
Benefits:
- Develop and hone skills that can be applied to the classroom and future employment opportunities.
- Learn how to source and evaluate prospects.
- Mentoring from Chicago’s best and brightest.
- Supplementary interactive educational opportunities
- Collegial and collaborative culture
Desired Skills/Experience/Interests:
- Pursuing an MBA and dedicated to Entrepreneurship Through Acquisition.
- Investor mindset and the ability to articulate a good investment story.
- Ability to wear multiple hats, roll up your sleeves and get the job done.
- Strong quantitative skill set – including detailed knowledge of finance and accounting principles.
- Excellent written and verbal communication skills.
- Entrepreneurial mindset – creativity and desire to independently initiate and contribute ideas.
- Honesty, Humility, Heart, Hunger and Hustle.
Firm Overview
NextGen Growth Partners (NGP) is a private equity fund that partners with experienced operators and entrepreneurs to offer business owners an operational succession plan alongside a financial exit.
One of our Entrepreneurs-in-Residence takes a full-time leadership role within each business we acquire and is committed to growing it for the long-term. This allows us to provide business owners a way to transition out of daily management responsibilities and know their legacy is going to be preserved and dispelling private equity stigmas.