Traineeship Placement Description
Placements consist of professional training related to start-ups and business development under the supervision of a designated mentor for a maximum of six months, including learning how to launch businesses, pitch ideas, and attract investors. HAESF cannot guarantee placements of desired length, in desired geographical locations, or at preferred companies. However, individual suggestions and preferences will be taken into consideration whenever possible.
Trainees’ decisions to accept or decline a training placement offer should be based solely on the professional relevance of the training. Declining a professionally relevant traineeship offer is equal to declining the HAESF scholarship and support.
After receiving acceptance confirmation from accepted candidates, the placement manager in the U.S. will begin to secure a placement at a U.S. company or organization. This process takes significant time and effort, which will require some preparation and due diligence on behalf of participants. Participants are expected to reply to email messages and comply with all requests within a reasonable amount of time.
The placement process typically takes one to two months and will include a phone interview(s) between the participant and a potential Host Organization. Once the placement is confirmed by both parties, the CIEE staff in conjunction with the Host Organization will complete an Training Placement Plan that includes specific objectives for the traineeship, as well as sets clear expectations for both the Host Organization and Trainee.
The training program is meant to provide a hands-on learning environment to acquire the skills and know-how necessary for launching and growing businesses successfully. In order for HAESF to secure an appropriate placement for you, HAESF must have a clear understanding of your areas of interest within an industry and make sure that they match your professional background.
Training placements in the U.S. are very competitive. A number of American students from top American universities may be competing for a potential position alongside the HAESF Trainee. HAESF takes pride in being able to secure high-quality placements at prominent American companies. Please be advised, however, that your traineeship will be an entry-level position, which, in addition to the tasks directly related to your career path, is very likely to include some administrative duties and inexpert chores. This is considered to be a typical traineeship component in the U.S. as long as it doesn’t become a significant part of your entire experience.
Length of Traineeship
The Entrepreneurship Development Program allows for a minimum of four and maximum of six months of participation, including a settling-down period of up to 10 days. Visa and sponsor regulations allow participants to arrive up to 10 days prior to the start date of the traineeship (which will be sponsored by HAESF as a settling-down period) and spend up to 30 days for purposes of travel after the completion of the traineeship (at the Trainee’s own expense).
The HAESF Budapest office will purchase the Trainee’s plane tickets after they secure their J-1 visa. The Trainee’s airfare allowance will be based on the best available round-trip economy price. HAESF will pay for one round-trip ticket for the maximum duration of the training program in advance.
General Award Info
Monetary amounts vary from participant to participant depending on the length and location of the individual traineeship. The award amounts are determined in advance based on each Trainee’s individual circumstances and are not negotiable. Please be advised, that the award is meant to cover only basic living expenses for a comfortable standard of living. The maximum amount a selected Entrepreneurship Development Program candidate is eligible to receive is $15,000.
Awards cover the following:
- one round-trip economy class ticket from Hungary to the U.S.
- room and board (in shared accommodations)
- local travel
- travel health insurance
- visa processing fees
- personal allowance
- 10-day “settling-down” expenses
Awards DO NOT cover:
- any dependent-related expenses
- vacation/leisure travel in the U.S.
- gift or pleasure shopping
- hardware or equipment purchases (computers, laptops, printers, etc.)
- additional expenses that pertain to lifestyle preferences
Selected Trainees will be responsible for locating and securing adequate housing for themselves. The housing portion of the award is budgeted to cover a separate room in shared accommodations plus basic utilities. Housing should be within a reasonable commuting distance to and from work, accessible to public transportation, and in a safe neighborhood. Living in a safe and affordable residential area usually involves a commute of anywhere from 10 minutes to an hour. Longer commutes in large metropolitan areas of the U.S. are to be expected.
HAESF will assist Trainees in securing J-1 visas administratively and monetarily. Ultimately, however, HAESF cannot guarantee the receipt of a U.S. visa. Trainees will be responsible for completing all visa forms in a timely and accurate manner, meeting with U.S. consular officials for an interview, and maintaining and submitting appropriate documentation.
Selected Trainees will be asked to abide by all U.S. laws and U.S. government rules and regulations for the program as well as HAESF’s internal policies, such as:
- HAESF Trainees cannot work, take a second traineeship, or volunteer while in the U.S. unless such an arrangement is approved by CIEE in advance.
- HAESF Trainees are not allowed to receive any other monetary compensation in addition to their total HAESF Traineeship Award .
- Two-year Home Country Residence Requirement Upon completion of the HAESF program, all scholarship recipients and participants are required to return to and reside in Hungary for a minimum of two years and are not permitted to stay or attempt to stay in the U.S. or any other foreign country for any reason. The residency requirement constitutes a moral and legal obligation that is at the foundational aim of HAESF to promote free enterprise, business, and social development in Hungary through investment in human capital. Applicants should agree to uphold the Two-year Home Country Physical Presence Requirement as a precondition of applying. If participants do not adhere to the Two-year Home Country Physical Presence Requirement without the express written consent of HAESF or its designees, the entire scholarship award becomes a debt owed to HAESF, and the participant will refund all scholarship monies as well as any and all collection expenses, including but not limited to legal expenses. Because the Two-year Home Country Physical Presence Requirement is at the foundational aim of the Hungarian-American Enterprise Scholarship Fund, HAESF and its designees are under no obligation to consider deferment of the Two-year Home Country Physical Presence Requirement.