Changes

Below is an enumeration of Rice University programs that support the five buckets in the NACIE sponsored university commitment letter.

'''Rice University Technology Venture Challenge''' is a business plan competition where undergraduate students submit business plans for new technology ventures. Ventures have ranged from a solar-powered electric vehicle, improved tools for liposuction, low-cost vision testing device for individuals from developing countries, improved dry-eye diagnostic tool, improved defibrillator to ensure proper placement, among others.

*Teams compete for three cash prizes totaling $8,750

*The grand prize is $5,000 in cash. More than 25 judges from the Houston business and investment community evaluate the business plan presentations.

In 2011 '''the Rice Alliance''' awarded prizes to all eight engineering and science graduate students and post-doctoral fellows who presented a four-minute pitch on their research findings and commercial applications for promising nanotechnology research at Rice University.

*The idea is simple: start tech companies over the course of three days

=Faculty Entrepreneurship=