Establishes a student entrepreneurial and economic investment fund to support early-stage business development by students in Massachusetts.
The bill establishes a student entrepreneurial and economic investment fund to support early-stage business development by students in Massachusetts. The fund will be managed by a student investment board, which will distribute grants for prototype funding of student ideas. The board will consist of the secretary of economic development, the chairman of the board of higher education, a student representative, and two private investors. The fund aims to foster economic growth by encouraging students to develop business ideas within the state.
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