Changes

In March 2016, Rice alumnus Frank Liu and his family gave $16.5 million to establish the Liu Idea Lab for Innovation & Entrepreneurship (Lilie) [http://entrepreneurship.rice.edu/liu-idea-lab-for-innovation-entrepreneurship/Liu Idea Lab for Innovation & Entrepreneurship (Lilie)]. Headed by Dr. Yael Hochberg and Dr. Abby Larson, Lilie gives students access to the expertise and experiences that will help them launch their own enterprises. Beginning next spring, courses offered through Lilie will encourage students to solve real-world problems while working with faculty and entrepreneurs. The [http://entrepreneurship.rice.edu/lilie-new-entrepreneurs-grant/ Lilie New Entrepreneurs Grant ] will help incoming freshmen, starting with the Class of 2020, to fund their business ventures. Before matriculating, freshmen can apply for the $10,000 grant that funds the most creative and compelling business ideas.