Summers have already started and it is very hot weather in March end itself. This is also a time when most of the MBA and Engineering colleges start getting holidays and have 1/2 months of projects with different companies. Normally many big companies are giving opportunities to students for doing internship. This is a good opportunities for small & mid-size companies too, to offer internships to such students. These students can be given a small task based projects like survey or opportunity lookout or marketing / launching of new products.
What you can do is to approach some colleges so that whenever their students are ready for internship, they can come to your place for internship. Once the students have come, give them a clear guideline. First explain them the basis of the project. If you are launching a product, explain them the complete use of the product. Tell them who can be the target customers. And how to explain the value to the target group of customers vis-a-vis its cost. If there is some installation involved, the training should be given to them. These students do a good job if you have to do some survey about the competing products or if you are thinking of launching a new product based on the survey.
If you want to use this opportunity to provide internship, then it is better to plan these projects quite early. You can plan a slew of projects so that whenever such students come for internship, your projects are ready. If the projects are not ready, it might not be as beneficial for either you or to them. It is also a good thing that you guide to such young students and give them some takeaways which they can keep for professional life. It is an opportunity to give something to society. Overall it is a win-win thing for institute, students as well as you.
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