Requires Secretary of Higher Education to establish New Jersey STEM Entrepreneur Fellowship Program to support entrepreneurs in STEM fields.

S 1037 creates the New Jersey STEM Entrepreneur Fellowship Program, requiring the Secretary of Higher Education to establish it in partnership with the Labor Commissioner and Economic Development Authority. The program will fund at least 20 three-year fellowships for individuals with proven STEM business ideas that benefit society and can become self-sustaining businesses. Fellows will receive support primarily for commercializing their ideas and building viable businesses, with priority given to applicants backed by state-supported incubators. The program targets STEM entrepreneurs at New Jersey's county colleges and four-year institutions.