Establishes "Supporting Educational and Entrepreneurial Development (S.E.E.D.) Program" in Office of Secretary of Higher Education.

This bill establishes the S.E.E.D. Program within New Jersey's Office of the Secretary of Higher Education to provide grants for student-led projects at public colleges and universities. It creates a S.E.E.D. Fund funded by state appropriations - calculating $2,500 per 500 full-time students and $2,500 per 1,000 part-time students at each institution - to support innovative student concepts, products, or companies. The program is governed by a seven-member board that sets competitive grant criteria focusing on project merit, feasibility, and sustainability plans. The board must report on grant outcomes to the governor and legislature within four years of implementation.