TERRE HAUTE, Ind. (WTHI) — Rose-Hulman Institute of Technology has announced a $10 million gift from alumnus Niles Noblitt and his wife, Nancy, to establish the Noblitt Entrepreneurship Program (NEP).
According to a press release from Rose-Hulman, NEP is a newly endowed initiative focused on fostering innovation, entrepreneurship, and business-focused opportunities for students.
The NEP will provide students with education and hands-on experiences working with faculty on experiences related to entrepreneurship and the principles of the free market.
Students will gain valuable insights into turning ideas into real-world solutions, reinforcing the problem-solving mindset.
“We are deeply grateful for the Noblitts’ continued support and commitment to empowering our students with the knowledge and skills to drive meaningful change in the world. Their continued generosity and vision will ensure that future generations of students have access to resources, mentorship, and experiences that encourage entrepreneurial thinking and innovation,” Rose-Hulman President Robert A. Coons said in the release.
The Noblitts previously contributed $10 million to launch the Noblitt Scholars Program, a college-based merit and leadership scholars program designed to transform the world’s most gifted STEM students into future science and industry leaders.
More details about NEP will be shared in the coming months.
