|
| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB1876 Introduced , by Rep. Tom Cross SYNOPSIS AS INTRODUCED:
|
| |
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.
|
| |
| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
|
|
| | HB1876 | | LRB097 00260 NHT 40278 b |
|
|
| 1 | | AN ACT concerning education.
|
| 2 | | Be it enacted by the People of the State of Illinois,
|
| 3 | | represented in the General Assembly:
|
| 4 | | Section 1. Short title. This Act may be cited as the |
| 5 | | University Technology Entrepreneur Center Act.
|
| 6 | | Section 5. Technology entrepreneur centers; creation. The |
| 7 | | board of trustees of each public university in this State is |
| 8 | | authorized to create a technology entrepreneur center for each |
| 9 | | campus of the university. In creating a center, the board of |
| 10 | | trustees may use as a model the Technology Entrepreneur Center |
| 11 | | and Academy for Entrepreneurial Leadership located within the |
| 12 | | College of Engineering of the University of Illinois at |
| 13 | | Urbana-Champaign.
|
| 14 | | Section 10. Duties of center. A technology entrepreneur |
| 15 | | center created under the authority of this Act shall provide |
| 16 | | material and personal infrastructure to selected innovators |
| 17 | | who possess an inventive concept that has not yet been offered |
| 18 | | for sale in the private-sector market, with the goal being to |
| 19 | | develop a concept to the point where it can become a business |
| 20 | | venture. The concept may or may not have been patented or be |
| 21 | | patentable. |
| 22 | | A technology entrepreneur center may offer, but is not |