<span style="font-size:small;"><span style="font-family:arial,helvetica,sans-serif;"><span id="docs-internal-guid-ed4d0d5d-1fad-2b1f-5c88-bdd3eb3f6bd7"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Founded in 1995, VentureWell (originally called the National Collegiate Inventors and Innovators Alliance, or NCIIA) with support from The Lemelson Foundation, founded by prolific independent U.S. inventor Jerome Lemelson had from its beginnings invention at its heart. Lemelson, a man who believed that invention was essential to American economic success and vitality, envisioned a program that would foster the next generation of collegiate inventors and help them bring their ideas to impact.</span></span></span></span>
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VentureWell's mission is ''"to support technology innovation and entrepreneurship in higher education to create experiential learning opportunities for students and successful, socially beneficial innovations and businesses."''
{{#Widget:Youtube|id=bUbBoGRwBEA}}VentureWell's mission i<cite>s to cultivate a pipeline of inventors, innovators, and entrepreneurs driven to solve the world’s biggest challenges and to create lasting impact</cite>. They <cite>foster collaboration among the best minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education and to provide unique opportunities for STEM students and researchers to fully realize their potential to improve the world. </cite>
With a growing membership of more than 200 colleges and universities from all over the United States, VentureWell engages more than 5,000 student and faculty innovators and entrepreneurs each year, helping them to bring their concepts to commercialization.