Hawaii SB992 establishes goals for the Hawaii Technology Development Corporation to promote economic diversification through innovation and.
Hawaii SB992 directs the Hawaii Technology Development Corporation to set state goals and implement projects aimed at economic diversification through innovation and technology. These goals include enhancing economic broadband affordability, increasing exports, and boosting the number of businesses and employees in traded sectors. The bill allocates $6 million for fiscal years 2025-2026 and 2026-2027 to support these initiatives, including funding for the Hawaii Small Business Innovation Research Program and the Manufacturing Assistance Program.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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