Terre Haute lands entrepreneurship program

Indiana State University, Rose-Hulman Institute of Technology, the city of Terre Haute and the city’s economic development organization are formalizing their attempts to create jobs in the western Indiana city.

This morning, the parties plan to roll out Terre Haute Innovation Alliance to encourage college students to start businesses and help existing businesses expand.

The $500,000 in initial federal funding will provide seed funding to the start-up companies and help pay faculty and staff as they advise entrepreneurs.