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Bill > HB143


NM HB143

NM HB143
Higher Ed Innovation Accelerator Project


summary

Introduced
01/25/2022
In Committee
02/07/2022
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO HIGHER EDUCATION; CREATING A FIVE-YEAR INNOVATION ACCELERATOR PILOT PROJECT TO ASSIST START-UP BUSINESSES TO ACCELERATE INTO VIABLE BUSINESSES THAT ARE ATTRACTIVE TO INVESTORS AND TO STUDY THE ECONOMIC DEVELOPMENT AND DIVERSIFICATION POTENTIAL OF ACCELERATORS; PROVIDING FOR INNOVATION ACCELERATOR CENTERS AT CERTAIN COMMUNITY COLLEGES; CREATING A FUND; MAKING AN APPROPRIATION.

AI Summary

This bill creates a five-year "Innovation Accelerator Pilot Project" to assist startup businesses, study the economic development and diversification potential of accelerators, and establish innovation accelerator centers at certain community colleges in New Mexico. The bill provides funding, requires data collection and evaluation, and mandates the Higher Education Department to administer the program and submit periodic reports to the legislature and governor on the project's efficacy.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (1)

Last Action

House Appropriations & Finance Committee (00:00 2/9/2022 Room) (on 02/09/2022)

bill text


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