Introduced
by
To establish a state scholarship program that would provide $300 tuition reimbursement grants to students who take government-approved classes in “entrepreneurship.” The definition of such courses or classes would be ones that “provide a student with the fundamental aspects of starting or operating a small business or venture, including, but not limited to, the profile of an entrepreneur, opportunity recognition, business feasibility assessment, building a business model, industry and market competition, market analysis, pricing, financial analysis and statements relating to start-up costs, operational expenses, and cash flow, raising capital, and developing a business plan.” The state Department of Labor and Economic Growth would be authorized to determine whether courses at a public or private college or trade school meet this definition. House Bill 4561 would appropriate $500,000 from the state general fund for the program.
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.