Hawaii HB454 appropriates funds to the Hawaii Technology Development Corporation to support programs aimed at economic diversification and climate.
Hawaii HB454 allocates $6,000,000 to the Hawaii Technology Development Corporation to implement programs that focus on economic diversification and climate change mitigation. These programs aim to boost innovation, strengthen traded activities, and increase the export of goods and knowledge-based professional services. The corporation must submit annual reports to the legislature detailing progress and outcomes. The funds will support initiatives like the Hawaii Small Business Innovation Research Program, the Manufacturing Assistance Program, and accelerator programs.
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