Undergraduates will get the chance to compete for the title of Most Enterprising Student.
The STEP Programme places undergraduates in paid work-based projects over their summer holiday.
Students' skills and interests are matched to individual projects which are then presented to a panel of judges who decide the winner.
Ian Moncrief-Scott, co-ordinator of the STEP Programme says this year has been the biggest yet:
How will Island remain attractive during MONEYVAL assessment?
Do you know a company director who deserves an award?
Festive social event for young professionals this week
Fewer businesses now optimistic about future
Financial regulator recruiting for board members
Businesses needed for seaside kiosk
Businesses who wouldn't recommend IOM almost triples in 8 years
M&S officially opens new-look Douglas food hall