Bill Type
Congress Name
Long Title
AN ACT TO SUPPORT BUSINESS INCUBATION IN ACADEMIC SETTINGS
Text as filed (link)
Date filed
March 23, 2021
Scope
Legislative History
| House Bill/Resolution NO. HB09128 |
| FULL TITLE : AN ACT TO SUPPORT BUSINESS INCUBATION IN ACADEMIC SETTINGS |
| ABSTRACT : Defines "incubator" as an entity affiliated with or house in a degree-granting institution that provides space and coordinated and specialized services to entrepreneurial businesses which meet selected criteria during the businesses' start-up phase.Proposes to authorize CHED: to support the establishment and development of incubators; to allocate funds to make awards on a competitive basis to support the program and funds for research regarding best practices; to contract with organizations with expertise in business incubation practices; and to identify specified recipients of such awards.Provides that CHED shall give priority to funding applications that provide strong educational opportunities to students in entrepreneurship, and that require significant collaboration between businesses, academia, and local government and economic development leaders. |
| ALIAS NAME : "Linking Educators and Developing Entrepreneurs for Reaching Success (LEADERS) Act" |
| PRINCIPAL AUTHOR/S : VILLAFUERTE, LUIS RAYMUND "LRAY" JR F. |
| DATE FILED : 2021-03-23 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON HIGHER AND TECHNICAL EDUCATION ON 2021-03-25 |
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.