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Rice University Joins The Planet Sand Castle to Further Entrepreneurial Development, Job Creation

March 8, 2010 13:40 by jllorens

HOUSTON--(BUSINESS WIRE)--The Planet, the global leader in IT hosting, today announced that Rice University students engaged in entrepreneurial research and development will receive free access to 50 servers through The Planet's Sand Castle project. By eliminating technology costs, Sand Castle supports individuals with great ideas and visions by providing free servers for a full year. Through Sand Castle,

The Planet’s goal is to do its part to enable job creation in the midst of a jobless economy recovery.

Students in Rice's Jesse H. Jones Graduate School of Business will be among the first to benefit from the free servers. The Jones School ranked fifth in the U.S. in graduate entrepreneurship in a 2009 survey by Princeton Review and Entrepreneur magazine.

"Rice MBA alumni have an incredible track record in entrepreneurship," said William Glick, dean of the Jones School. "An impressive 22 percent of our graduates have started one or more companies -- most in Houston -- and the total estimated revenues from those companies is about $1.5 billion annually. The Planet's invaluable donation is not only an investment in the future of Rice's entrepreneurs, it's also an investment in Houston's economy."

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