HB1876 EngrossedLRB097 00260 NHT 40278 b


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

1    A technology entrepreneur center may offer, but is not 
2required to offer, mentors, workshops, contacts with potential 
3private-sector investors, and a structured course or courses of 
4work-study to bring an innovation from conception to market.  
5The work-study program, if offered, may offer business 
6instruction, engineering instruction, or a structured 
7combination of both forms of knowledge.