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Bill

H 489

An Act relative to the student entrepreneurial and economic investment fund

194th Legislature (2025-2026) Introduced by Donnie Berthiaume and 5 co-sponsors

Massachusetts creates a fund providing financial support to student-founded businesses, aiming to foster entrepreneurship and economic development among state university students.

Hearing scheduled for 06/05/2025 from 11:00 AM-01:00 PM in A-2
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Bill Summary · H 489

Legislative bill overview

H 489 establishes a student entrepreneurial and economic investment fund in Massachusetts designed to provide financial support and resources to student-led business ventures. The bill creates a mechanism for capital allocation to early-stage enterprises founded or significantly involved by students, potentially including undergraduates and graduate students at state institutions.

Why is this important

Student entrepreneurship programs can strengthen economic development, create early-stage job opportunities, and help retain young talent in Massachusetts. The fund could reduce barriers to entry for student entrepreneurs who typically lack access to traditional venture capital and business networks, while also fostering innovation and competitive advantage in the state's economy.

Potential points of contention

  • Funding source and allocation: Unclear whether the fund draws from existing state resources or requires new appropriations, and how much capital would be available versus demand from participating students
  • Eligibility criteria and oversight: Questions about which students qualify, institutional participation requirements, and mechanisms to prevent misuse or ensure viable business proposals receive support
  • Return on investment expectations: Debate over whether this is an economic development tool expected to generate returns, a subsidy for student opportunity, or both—affecting accountability standards and success metrics

Compiled from official sources — confirm details with the bill’s official record.

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