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How did Rose-Hulman Ventures begin?

April 26, 2017rose-hulman ventures

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How did Rose-Hulman Ventures begin?

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In 1999, the Lilly Endowment, Inc. awarded a $29.7 million grant to Rose-Hulman Institute of Technology to establish Rose-Hulman Ventures. The Lilly Endowment, Inc. awarded an additional $24.9 million grant in 2002 to build upon the success of programs at Rose-Hulman Ventures, to expand educational and professional practice experiences for Rose-Hulman Institute of Technology students and faculty and enable Rose-Hulman Ventures to become self-sustaining on a permanent basis.