University of Iowa

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Image accompanying Forbes article. Source:  Getty

Want To Launch A Successful Startup? Spend Time Abroad

by Jonathan Moed, Forbes. In my time traveling around the world to learn about global startup ecosystems, I have been struck by the quantity and quality of successful businesses I’ve come across whose origin story started with members of its founding team studying or working abroad, and in some cases, whose business model was directly inspired by experiences that occurred during a founder’s time abroad. I set out to uncover what’s behind this trend, and how going abroad can impact business creation and development. Here’s what I’ve learned, including examples of high-growth startups I have encountered throughout my travels.
Photos of IES summer interns in Barcelona

Reflections from UI students about interning in Barcelona

Nearly 70 University of Iowa students completed summer internships in their fields of interest. Impressive to be sure, but even more notable is the fact they completed these internships abroad—allowing them to not only gain relevant, global experience, but also to strengthen their intercultural communication skills, build confidence and adaptability, and in many cases, become more proficient in a foreign language. These internships were coordinated through the Institute for the International Education of Students (IES). IES is the international internship provider for the UI and the partnership has seen tremendous success, growing over 40 percent from the first summer in 2016 to the summer of 2018.