The Lucerne School of Information Technology offers this unique opportunity to qualified students before their last year as undergraduates (seniors). They spend 6 weeks (July to September) in the Silicon Valley working in groups on research/development projects provided by local companies.
IPE 2018 will last from July 30 to September 8, 2018. 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.