STAND. COM. REP. NO. 276
Honolulu, Hawaii
, 2013
RE: H.B. No. 858
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Seventh State Legislature
Regular Session of 2013
State of Hawaii
Sir:
Your Committee on Economic Development & Business,
to which was referred H.B. No. 858 entitled:
"A BILL FOR AN ACT RELATING TO THE HI GROWTH
INITIATIVE,"
begs leave to report as follows:
The purpose of this measure is to
provide $20,000,000 in appropriations for each year of fiscal biennium
2013-2015, for the Hawaii Strategic Development Corporation to implement the
recommendations of the Governor's New Day Plan to reinvigorate state efforts to
fuel an innovation economy and advance research innovation and
commercialization.
The Office of the Governor;
Department of Business, Economic Development, and Tourism; University of
Hawaii; High Technology Development Corporation; Hawaii Strategic Development
Corporation; Hawaii Venture Capital Association; Kinetiq Labs; BizGym; Lemonade
Alley; Umicam; Xenon Entertainment, LLC; Edutainment Resources, Inc.; Developing
Critical Thinkers, LLC; Ikehu, Inc.; Hawaii Angels; Eyegenix, LLC; Akamai
Capital, LLC; Enterprise Honolulu; Startup Capital Ventures; Blue Startups;
Surf Line Hawaii, Ltd.; CFO Hawaii, LLC; Kineticor, Inc.; Creative Market Labs,
Inc.; Nalukai Foundation; StartupHui, LLC; Hawaii Innovation Alliance; John
Garcia Digital Media; Kona Pacific View; Creative Social Media Hawaii; and
numerous individuals testified in support of this measure. One individual
submitted comments.
As affirmed by the record of votes of the members of
your Committee on Economic Development & Business that is attached to this
report, your Committee is in accord with the intent and purpose of H.B. No. 858
and recommends that it pass Second Reading and be referred to the Committee on
Finance.
Respectfully
submitted on behalf of the members of the Committee on Economic Development
& Business,
|
|
|
____________________________
CLIFT TSUJI, Chair
|
|
|
|
|