RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.
Reported from EDT (Stand. Com. Rep. No. 2305) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Summary
The legislation requires the Hawaii Technology Development Corporation to create statewide goals for innovation and to run projects that broaden the state's economic base. It earmarks state money for a small‑business research program, a manufacturing assistance program, and accelerator and training programs, and obligates HTDC to submit yearly reports to the Legislature. The goal is to spur growth in emerging technology sectors and reduce reliance on traditional industries.
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