Summary:
Rose-Hulman Institute of Technology receives a $10 million gift to establish the Noblitt Entrepreneurship Program (NEP).
The NEP focuses on innovation, entrepreneurship, and providing hands-on experiences for students.
Students will learn to turn ideas into real-world solutions, reinforcing a problem-solving mindset.
President Robert A. Coons emphasizes the importance of this support for future generations.
The Noblitts previously funded the Noblitt Scholars Program, enhancing opportunities for STEM students.
Major Donation for Innovation
Rose-Hulman Institute of Technology has received a remarkable $10 million gift from alumnus Niles Noblitt and his wife, Nancy, aimed at establishing the Noblitt Entrepreneurship Program (NEP). This initiative is designed to foster innovation, entrepreneurship, and business opportunities for students.
What the NEP Offers
The Noblitt Entrepreneurship Program will provide students with:
- Education and hands-on experiences in collaboration with faculty.
- Opportunities to engage in entrepreneurial activities and learn about the principles of the free market.
- Insights into transforming ideas into real-world solutions, promoting a problem-solving mindset.
Impact of the Gift
Rose-Hulman President Robert A. Coons expressed gratitude for the Noblitts’ support, emphasizing their commitment to empowering students with the knowledge and skills necessary to drive meaningful change in the world. He highlighted that this generosity ensures future generations will have access to crucial resources and mentorship.
Previous Contributions
The Noblitts have a history of supporting Rose-Hulman, having previously donated $10 million to launch the Noblitt Scholars Program, which aims to cultivate the world's most gifted STEM students into future leaders in science and industry.
Looking Ahead
More details regarding the Noblitt Entrepreneurship Program will be revealed in the upcoming months. Stay tuned for more updates!
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