Public Act 097-0196
 
HB1876 EnrolledLRB097 00260 NHT 40278 b


  
    AN ACT concerning education.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  
 
 
    Section 1. Short title. This Act may be cited as the Higher 
Education Technology Entrepreneur Center Act.
 
    Section 5. Technology entrepreneur centers; creation.  The 
board of trustees of each public university and community 
college district in this State is authorized to create a 
technology entrepreneur center for each campus of the 
university or for each community college.  In creating a center, 
the board of trustees may use as a model the Technology 
Entrepreneur Center and Academy for Entrepreneurial Leadership 
located within the College of Engineering of the University of 
Illinois at Urbana-Champaign. 
 
    Section 10. Duties of center.  A technology entrepreneur 
center created under the authority of this Act shall 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.  The concept may or may not have been patented or be 
patentable.
    A technology entrepreneur center may offer, but is not 
required to 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.  
The work-study program, if offered, may offer business 
instruction, engineering instruction, or a structured 
combination of both forms of knowledge.
  


Effective Date:  1/1/2012