Bill
Bill > H525
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/21/2022
03/21/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to establish a student entrepreneurial and economic investment fund. Economic Development and Emerging Technologies.
AI Summary
This bill establishes a Student Entrepreneurial Development and Economic Investment Fund (the "Student Investment Fund") within the Commonwealth of Massachusetts. The Fund will be administered by an Investment Board consisting of representatives from the state government, higher education, and the private sector. The purpose of the Fund is to provide grants to Massachusetts students to fund the development of their entrepreneurial ideas and prototypes, with the goal of attracting students to the Commonwealth and fostering economic growth. The Investment Board will hold periodic hearings to review business plans from students and distribute grants, subject to certain funding limitations. The Board is required to submit an annual report on the Fund's activities and financial statements.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (5)
Last Action
No further action taken (on 01/03/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H525 | 04/14/2021 |
| Bill | https://malegislature.gov/Bills/192/H525.pdf | 04/14/2021 |
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