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 to provide initial funding for student-led projects at New Jersey's public colleges and universities. It creates a dedicated fund to award competitive grants supporting new business concepts, research, or products developed by students, with grants requiring a plan for long-term sustainability. Funding is calculated based on institutional enrollment (e.g., $2,500 per 500 full-time students), administered by a seven-member board, and must be used for eligible student projects. The program requires a four-year report on grant outcomes, including applicant numbers and project results. The bill is currently pending in the Senate Higher Education Committee.