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Magna International · 19 hours ago

Innovation Ventures Intern - Summer 2026

Troy, Michigan, US

Internship

Onsite

Intern

Start in 2026 Summer

Magna International is a leading mobility technology company focused on innovation in the automotive space. The Innovation Ventures Intern will support the Technology Investments team in sourcing, researching, and investing in startups that are shaping the future of mobility and manufacturing.

AutomotiveIndustrial EngineeringManufacturing

Responsibilities

Support full-cycle investment diligence by conducting market sizing, competitive analysis, value-proposition assessments, and business-model evaluations for active deals

Develop strategic insights by researching emerging technologies and trends, drafting thematic briefs, and synthesizing findings into actionable recommendations for the investment roadmap

Contribute to pipeline development by sourcing, screening, and profiling high-potential startups aligned with Magna’s focus areas

Conduct pre-meeting research for startup intro calls, events, or conferences, prepare concise one-page summaries, join meetings, actively listen, and take structured notes

Attend local events and conferences, capture key insights, and prepare post-event reflections or summaries for the team

Qualification

Emerging technologiesMarket analysisInvestment diligenceMicrosoft OfficeResearch skillsCuriosityCommunicationDetail-orientedOrganizational skills

Required

Strong interest in emerging technologies, startups, and the future of mobility/automotive/ manufacturing

Ability to research and learn independently; strong aptitude for synthesizing complex information into clear insights

Highly curious, organized, and detail-oriented

Education: Junior or Senior university student with a major in engineering; additional experience or coursework in business, finance, economics, product design, or front-end innovation is strongly valued

Candidates pursuing a Master's in Engineering or an MBA are also welcome to apply

Proficient in Microsoft Office (Word, Excel, PowerPoint)

Strong professional written and verbal communication skills