The Lucerne School of Information Technology offers this unique opportunity to qualified students during their last year as undergraduates (seniors). They spend 6 weeks (August to September) in the Silicon Valley working in groups on research/development projects provided by local companies.
IPE 2020 will last from August 2 to September 11, 2020. Locations
If you are interested in providing a project, take a look at the concept. For your (startup) company this is an interesting opportunity (without any obligation) to have a group of students and their supervisor doing research or development during their summer school stay in the U.S.