Whether your organization is an emerging company immersed in bringing new products to market or and established organization in need of supplementing your engineering expertise, our students and unique project management approach deliver technical solutions that help to shape your business.

Here’s how it works.

 HOW TO START - Define Project

• Clients and project managers together define a solid project scope that accelerates the company’s technical and business needs while engaging student interns in the technical development.

• Our full-time project managers enable companies to obtain the expertise needed to deliver specific project requirements, on-time and on-budget. Project managers are degreed engineers and serve as the point of contact for clients to communicate and report progress of the project. This approach increases the efficiency and consistency with which the student teams achieve deliverables.

• The flexibility of the program allows a project to begin at any time. We are not restricted by an academic calendar.

• All projects are collaborative in nature and performed under a “research and development agreement”. At Rose-Hulman Ventures, the client’s intellectual property remains with the client. The agreements are negotiated and reviewed by legal counsel prior to project kick-off.

• The projects are truly multidisciplinary. We leverage expertise from any combination of Rose-Hulman’s 15 academic programs including faculty and staff. The mix of resources can evolve over time. For example, a project may begin requiring mechanical and physics resources in order to achieve early-stage milestones and require software or electrical expertise for later-stage development. Given that student interns are hired for each specific project, accommodating an adjustment in resources is easy to do.
 

EXECUTE PROJECT. The Project Team

• Each member of the student team signs a non-disclosure agreement prior to employment.

• Clients work closely with the student teams and project manager on the technical development and project status. We encourage interaction with the teams.

• Project mangers lead teams of academically talented students who have proven success in developing cutting-edge, innovative products and services for medical, industrial and information technology markets.

• Student interns apply their engineering skills in the context of real-world projects and are exposed to the unstructured technical, business, and financial issues surrounding the project that influence their technical work and decisions. They receive unique and valuable educational experiences while clients benefit from the resources of one of the finest engineering institutions in the country.
 

PROJECT DELIVERY. The Project Team

• Project delivery takes many forms. It can be a prototype used in a trade show to potential new customers. It can be a prototype that directly moves into the commercial production phase.

SERVICES. Costs

The services we offer focus on concept generation, prototyping, design, or testing. We provide expertise from any combination of Rose-Hulman Institute of Technology's 15 academic programs. Fees are based on the scope of work required to complete the project work. We offer a subscription fee which averages out to the typical cost of internships. For example, a four-five intern team equals the financial commitment of one new hire engineer.

For more information, read the FAQ's.