Sawmill Society Ventureship FAQ
The Sawmill Society Ventureship is an paid opportunity for Rose-Hulman students to live on campus during summer break with access to institute resources to launch their startup projects. Learn more by clicking on the FAQ below.
What is the Summer Ventureship?
This program is an on-campus incubator to help students launch their startups.
When is the Summer Ventureship?
For 12 weeks during the summer of 2022.
What resources are provided?
(This answer varies and is dependent on meeting your best needs.)
- Stipend for yourself
- Stipend for an advisor/mentor
- On-campus meal plan
- 24/7 coworking space
- Laboratory access and other technical campus resources
When can I apply?
Applications will open in the fall quarter of 2021. The first round of applications will close before the Career Fair so we can give you some feedback as soon as possible to help you plan your summer.
Who can apply?
Any current Rose-Hulman student and their team.
What questions will the application include?
View the application here: https://docs.google.com/forms/d/e/1FAIpQLSf-ROqBy1TPMUiMLMwaNk1yc6jjkfRJF_sxSIq9H1M3fKjn7A/viewform
What are the requirements for applying and how are startups judged?
Any current student with a problem they want to solve can apply! No product is necessary. We will help you build your solution over the summer. A rubric will be shared soon, but, in general, we evaluate the founder/team, the market/problem, and then the product (in order of importance).
Does my startup need proof of traction/revenue?
What if I get an offer from the career fair and Summer Ventureship?
When will I know if I have been selected for the Summer Ventureship?
How many students/companies will be accepted?
Can a team/company with more than one student apply?
What will students do during the school year?
What exactly will students do over the summer?
Most of your time will be spent either coding/building or talking with customers. We will also have events to keep you organized and accountable over the summer.
What are the summer sessions? What is the format for the summer?
About once a week, the students will convene for an update day. Other events will be spread out over the summer:
- Pitch practices
- Mid-summer: Preview/Product Day
- End of summer: Demo/Pitch Day