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  • weekly_digest (71)
Displaying 26 - 50 of 71
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Hawaii Commission Recommends Greater Accountability for High-Tech Investment Tax Credit Program

Monday, December 18, 2006

A recent report from Hawaii’s Tax Review Commission recommends the state eliminate or drastically overhaul its five-year old tax credit for high-tech investors. According to the report, the current credit provides no clear advantage to the state and appears open to taxpayer abuse. The commission was particularly troubled by the lack of data provided by taxpayers who were approved for the credit and by the lack of transparency concerning the credit within the state’s Department of Taxation.

 

  • Read more about Hawaii Commission Recommends Greater Accountability for High-Tech Investment Tax Credit Program

$120M Investment Fund Fails in Hawaii Legislature

Monday, May 2, 2005

Efforts to capitalize Hawaii's $120 million State Private Investment Fund (SPIF) collapsed Friday as a joint conference committee of the state legislature could not reconcile differences between House and Senate versions of the measure. Passage of Senate Bill 1695 was one of Gov. Linda Lingle's top economic development priorities for this legislative session.

  • Read more about $120M Investment Fund Fails in Hawaii Legislature

Hawaii Lawmakers Pass Two Bills to Encourage VC Investment

Monday, March 28, 2005

To encourage investment in high tech companies, the Hawaii Senate recently passed Senate Bill 1695, authorizing $120 million for the State Private Investment Fund (SPIF) and Senate Bill 1696 to allow fiduciaries to make equity investments.

  • Read more about Hawaii Lawmakers Pass Two Bills to Encourage VC Investment

TBED Organizations & People Update

Monday, March 28, 2005

Robert Rosner, chief scientist for the Argonne National Laboratory, will be the lab's new director.

  • Read more about TBED Organizations & People Update

People & Organizations

Monday, May 15, 2006

Yuka Nagashima was named executive director of Hawaii's High Technology Development Corporation.

  • Read more about People & Organizations

VC Conference Correction

Friday, June 18, 1999

In the June 11, 1999 SSTI Weekly Digest, a mistake was made. The Great Midwest Venture Capital Conference has not yet selected any of the 30 presenting companies for the 1999 conference. The deadline for applications is August 27. More information on the registration process can be found at the conference website: www.greatmidwestvcc.com 

  • Read more about VC Conference Correction

Midwest VC Conference Seeks Presenters

Friday, June 11, 1999

The Ninth Annual Great Midwest Venture Capital Conference will be held November 8-9, 1999 in Indianapolis, Indiana. The Indiana Business Modernization & Technology Corp. (BMT) is seeking applications from emerging technology businesses to present their business profiles and capital needs to a variety of potential investors at the event.

  • Read more about Midwest VC Conference Seeks Presenters

People

Friday, September 24, 1999

Joe Blanco has been appointed the Hawaii Technology Advisor.

  • Read more about People

Hawaii Consolidates Technology Programs, Adds Worker Training and Offers Tax Breaks

Friday, July 9, 1999

In a move to increase Hawaii's technology standing, Governor Ben Cayetano signed legislation last week that will create several new initiatives. Most significant for S&T policy is the planned consolidation of the state's technology-related programs under a new special advisor for technology development. The specific state agencies affected by the legislation were not identified in the Technology Omnibus bill.

  • Read more about Hawaii Consolidates Technology Programs, Adds Worker Training and Offers Tax Breaks

Tech Talkin' Govs, Part IV

Wednesday, January 28, 2009

  • Read more about Tech Talkin' Govs, Part IV

First five states approved for SSBCI funds

Thursday, May 19, 2022

The U.S. Department of the Treasury announced today that five states — Hawaii, Kansas, Maryland, Michigan and West Virginia — have had their State Small Business Credit Initiative (SSBCI) capital programs approved by the agency.

  • Read more about First five states approved for SSBCI funds

Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses

Thursday, February 9, 2023

After a busy election season that saw gubernatorial elections in 36 states, newly elected and re-elected governors delivered their annual State of the State addresses, kicking off new programs and reviewing the conditions of their states. SSTI reviews the speeches every year and covers news of new developments and initiatives the governors have highlighted as they relate to the innovation economy. New programs are laid out here in the governors own words as excerpts from their State of the State or budget addresses.

  • Read more about Tech Talkin’ Govs 2023: Governors’ innovation vision from their annual addresses

Tech Talkin’ Govs: HI, MT Govs Address Innovation Infrastructure, Apprenticeships

Thursday, January 29, 2015

SSTI's Tech Talkin' Govs series has returned as governors across the country formally convene the 2015 legislative sessions. The series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural addresses.

  • Read more about Tech Talkin’ Govs: HI, MT Govs Address Innovation Infrastructure, Apprenticeships

Budget Update: Hawaii Sets Ambitious Energy Goals; TBED Spending Approved in DE, OR, WI

Thursday, July 30, 2015

Now that many governors have signed spending bills and legislative sessions are drawing to a close, the SSTI Digest will check on the status of proposals related to the innovation economy, and examine the state of technology-based economic development funding in the states. This week, we review spending bills in Delaware, Hawaii, Oregon, and Wisconsin.

  • Read more about Budget Update: Hawaii Sets Ambitious Energy Goals; TBED Spending Approved in DE, OR, WI

Hawaii Sets 100 Percent Renewable Energy Goal by 2045

Thursday, June 11, 2015

Hawai’i Gov. David Ige signed into law a bill (HB 623) that would increases the state’s renewable portfolio standards to 30 percent by the end of 2020; 70 percent by the end of 2040; and, 100 percent by the end of 2045. With the passage of the new renewable energy mandate, the state became the first in the country to have a statewide renewable goal of 100 percent. This marks a drastic shift from the state’s current distinction as the country’s most oil-dependent state.

  • Read more about Hawaii Sets 100 Percent Renewable Energy Goal by 2045

Great Lakes Angels Invested More Dollars Than CA Angels, Halo Report Finds

Thursday, April 23, 2015

In 2014, Angel groups in the Great Lakes region invested more dollars than anywhere else in the country, 17.2 percent of the U.S. total, including angel groups in California (17 percent). This marks the first time a U.S.

  • Read more about Great Lakes Angels Invested More Dollars Than CA Angels, Halo Report Finds

As Budgets Tightens, State TBED Investments Grow More Targeted

Wednesday, June 3, 2009

With less money to spend on risky endeavors, many states are taking more targeted approaches toward economic development, seeking out sectors of the economy they consider most likely to grow and be sustainable beyond current conditions. In Hawaii, for example, lawmakers established an Aerospace Advisory Committee this session seeking long-term growth in aerospace-related industries.

  • Read more about As Budgets Tightens, State TBED Investments Grow More Targeted

Hawaii Tightens Restrictions on High-Tech Investment Tax Credit

Wednesday, August 12, 2009

Hawaii Governor Linda Lingle recently allowed a significant revision to the state's High-Technology Investment Tax Credits program become law without her signature. The program, which has provided a 100 percent credit on high-tech investments since 2001, now will cap its credits at 80 percent. Investors also will no longer be able to transfer their credits to other investors. The revisions will apply through December 2010, when the tax credit program is scheduled to expire.

  • Read more about Hawaii Tightens Restrictions on High-Tech Investment Tax Credit

Tech Talkin' Govs: Part III

Wednesday, January 16, 2013

The third installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Georgia, Hawaii, Indiana and Michigan. Our first two installments were in the Jan. 9 and Jan. 16 issues of the Digest.

  • Read more about Tech Talkin' Govs: Part III

Job Corner

Wednesday, July 27, 2011

The High Technology Development Corporation, an agency of the State of Hawaii, is responsible for promoting and advancing technology-based economic development in Hawaii. They are currently seeking applicants for two positions:

  • Read more about Job Corner

National Broadband Adoption Stagnant, TechNet Finds

Wednesday, March 21, 2012

A new report from TechNet finds that on the two-year anniversary of the National Broadband Plan aimed at getting more Americans to use broadband at home, the adoption rate remains about the same. The study identifies several reasons behind the plateau and calls for better coordination among policymakers and private stakeholders to improve adoption rates. Meanwhile, some states have big plans in the works to improve their broadband networks, including governors in Hawaii and New York pushing for funding to expand Internet access to underserved areas.

  • Read more about National Broadband Adoption Stagnant, TechNet Finds

Council Seeks to Boost Innovation in University of Hawaii System

Wednesday, January 19, 2011

In April, University of Hawaii's President M.R.C. Greenwood appointed an eight-member council to develop a strategy that would increase innovation and technology transfers throughout the university system. The council recently announced a drafted of four recommendations that would help the university system to "achieve a high-value economy in Hawaii." The recommendations build and approve upon the system's existing research capacity. The recommendation also focuses heavily on creating an innovation ecosystem built upon entrepreneurship and university-private partnerships.

  • Read more about Council Seeks to Boost Innovation in University of Hawaii System

Tech Talkin' Govs, Part IV

Wednesday, January 26, 2011

The fourth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Alaska, Delaware, Hawaii, Michigan, Missouri, Nevada, and Vermont. The first three installments are available in the Jan. 5, Jan. 12 and Jan. 19 issues of the Digest.

  • Read more about Tech Talkin' Govs, Part IV

HI High-Tech Tax Credits Remain Intact Following Veto

Wednesday, June 16, 2010

Citing further damage to the state's reputation as a place to do business, Lt. Gov. James "Duke" Aiona, vetoed SB 2401, a measure to suspend Hawaii's high-tech tax credit, which provides a 100 percent refundable tax credit for investments in qualified high-tech businesses. Lt. Gov.

  • Read more about HI High-Tech Tax Credits Remain Intact Following Veto

Small Business Administration Announces a Startup America Entrepreneurial Mentor Corps

Wednesday, March 2, 2011

The Small Business Administration (SBA) announced a new pilot program that will to support more than 1,000 startup and earlystage firms across the country. The goal of the Entrepreneurial Mentor Corps' (EMC) is to mobilize members of the current generation of successful business owners to mentor and support startups and entrepreneurs to help them become the next generation of great American companies. In February, SBA Administrator Karen Mills announced one of the EMC's first initiatives to match approximately 100 clean energy startups with mentors.

  • Read more about Small Business Administration Announces a Startup America Entrepreneurial Mentor Corps

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