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

S 155 establishes the S.E.E.D. Program within New Jersey's Office of Higher Education to provide grants for student-led projects at public colleges and universities. The program awards initial funding to support new student-developed concepts, products, or companies, with grants determined through a competitive process considering project merit, feasibility, and applicant qualifications. Funding is calculated based on enrollment: $2,500 per 500 full-time students and $2,500 per 1,000 part-time students at each public institution, deposited into a dedicated S.E.E.D. Fund. A seven-member board - including the Higher Education Secretary, a business association representative, and public appointees - oversees grant distribution and reports on program outcomes after four years.