He has been an IIT trustee since 1993.
Students develop business plans for a new enterprise.
Concepts that are commercially promising can qualify for seed money. I personally have led a life of adventure by starting and growing entrepreneurial businesses. I'd like others to experience the excitement that comes from conceiving, developing and marketing a new product. However, engineers, who are educated to solve complex physics, math and engineering problems, frequently lack sensitivity to time, money and consumer considerations, which are critical in any business. The Entrepreneurial Studies Program has the goal of integrating these dimensions into the engineering curriculum, which should help develop great entrepreneurs.