RELATING TO THE HAWAII TECHNOLOGY DEVELOPMENT CORPORATION.

Summary

The bill establishes a Hawaii Small Business Innovation Research (SBIR) Matching Program within the Hawaii Technology Development Corporation (HTDC) that provides state funds equal to 50% of a company’s federal SBIR or STTR award. Participating companies must give presentations to public‑school students as part of a new STEM education outreach program. HTDC will report annually to the Legislature on fund use and program results.

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