Bill Title: Creates the University Technology Entrepreneur Center Act. Authorizes the board of trustees of each public university in this State to create a technology entrepreneur center for each campus of the university. Requires a center to provide material and personal infrastructure to selected innovators who possess an inventive concept that has not yet been offered for sale in the private-sector market, with the goal being to develop a concept to the point where it can become a business venture. Provides that a center may offer mentors, workshops, contacts with potential private-sector investors, and a structured course or courses of work-study to bring an innovation from conception to market. Provides that the work-study program, if offered, may offer business instruction, engineering instruction, or a structured combination of both forms of knowledge.

Spectrum: Slight Partisan Bill (Republican 7-3)

Status: (Passed) 2011-07-25 - Public Act . . . . . . . . . 97-0196 [HB1876 Detail]

Text: Latest bill text (Chaptered) [HTML]

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