What is Rose-Hulman Ventures?
Rose-Hulman Ventures, a department of Rose-Hulman Institute of Technology, provides educational opportunities for students and faculty while assisting technology-driven businesses. This unique combination creates career opportunities for new graduates and the development of innovative technologies and technology companies. We are located in a 180-acre Certified Technology Park in a state-of-the-art 35,000 square-foot facility on the south campus of Rose-Hulman.

How is Rose-Hulman Ventures unique?
• We are focused on providing unique educational opportunities for our students by assisting technology-driven businesses in the development of new products and services. Our students, faculty and staff focus on developing technology ideas and proven technologies into commercial products and services.

• Our full-time staff of engineering project managers set us apart from traditional incubators and technology parks. They oversee the multidisciplinary teams of undergraduate and graduate students who make significant contributions to the technical development of businesses. These professionals devote their careers to the design, development, fabrication and testing of our clients’ products and services.

• Our technical edge begins with the institution that is our foundation: Rose-Hulman Institute of Technology. For the seventh consecutive year, U.S. News and World Report magazine ranked Rose-Hulman Institute of Technology number one among all colleges and universities that offer the master’s as the top degree in engineering.

What kinds of companies are of interest to Rose-Hulman Ventures?
Rose-Hulman Ventures provides educational opportunities to students who have helped companies develop and enhance products and services in these areas:
• Automated laboratory equipment
• Computer vision systems
• Construction equipment
• Electromechanical systems
• Intelligent sensor
• Medical devices
• Optical sensors
• Power systems
• Software development
• Wireless and radio frequency technologies

One Goal – Many Paths
The goal focuses on engaging technology-driven businesses to provide outstanding educational opportunities for our students. With a reputation for engineering excellence, our expertise spans of a wide range of engineering disciplines including biomedical, chemical, electrical, mechanical, optical, and software.
What kind of relationships?
• Project engagement with small to large companies through service agreements.
• Collaborate with universities and technology parks to identify projects and share resources.

The Educational Advantage
• Since its inception, Rose-Hulman Ventures provided 1,155 internship opportunities (431 students) ranging from the technical development of medical devices to analytical instrumentation.
- Students have logged over 164,491 hours of professional practice experience.
- RHV employed 88 students the summer of 2005 and 682 students during the
  2006 spring quarter.

• Opportunities like those afforded by Rose-Hulman Ventures provide a good learning environment for students because they provide the most realistic parallels between the technological learning environment and the technological workplace.

• Students have overwhelming indicated that the professional experience they have received working at Rose-Hulman Ventures has enhanced their education and helped with their career planning. Students indicate that working at Rose-Hulman Ventures has had the following positive benefits:
- enhanced and reinforced on-campus coursework,
- enhanced teamwork capabilities,
- provided work experience of interest to recruiters, and
- provided a context for career decisions.

The Rose-Hulman Ventures Value
Engineering Expertise – Rose-Hulman Ventures provides an opportunity to work with some of the top engineering students and faculty within Rose-Hulman’s national recognized engineering programs.

Project Management – Project managers and project engineers excel in analyzing the scope of a project, defining project requirements and allocating resources including multidisciplinary teams of students. They adhere to client specifications and industry standards while identifying optimal tools and technologies enabling companies to meet specific project requirements, on schedule and on budget.

Proven Engineering Track Record – Since 1999, over 50 Indiana-based companies have trusted Rose-Hulman Ventures with the technical development of its products and services, medical devices and software to chemical synthesizers and construction equipment.

How was Rose-Hulman Ventures established?
The Lilly Endowment recognized a need to nurture the opportunities for education and innovation in Indiana and awarded a $30 million grant to Rose-Hulman Institute of Technology in 1999 to establish Rose-Hulman Ventures. The Lilly Endowment Inc. awarded Rose-Hulman Institute of Technology a $24.9 million grant in 2002 to build upon the success of programs at Rose-Hulman Ventures and to expand the educational and professional practice experiences for Rose-Hulman Institute of Technology students and faculty.