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NJ A2414

Bill

Official Source

Status

Introduced

1/13/2026

Primary Sponsor

Tennille McCoy

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Establishes the New Jersey STEM Entrepreneur Fellowship Program through the Secretary of Higher Education, in consultation with the Commissioner of Labor and Workforce Development and the New Jersey Economic Development Authority
  • Requires funding of at least 20 fellowships for entrepreneurs developing products in Science, Technology, Engineering, and Mathematics fields that will benefit society and create self-sustaining businesses
  • Each fellowship lasts three years and supports recipients in commercializing their ideas and developing structured businesses
  • Priority given to applicants supported by State-backed incubators
  • Mandates an effectiveness evaluation of the program no later than five years after the first fellowship is approved

Legislative Description

Requires Secretary of Higher Education to establish New Jersey STEM Entrepreneur Fellowship Program to support entrepreneurs in STEM fields.

Higher Education

Last Action

Introduced, Referred to Assembly Higher Education Committee

1/13/2026

Committee Referrals

Higher Education1/13/2026

Full Bill Text

No bill text available