Committee backs $3 million for Hawaii Technology Development Corporation programs

The committee advanced HB2410 with the chair's recommendation to note $1,000,000 for each HCDC program, totaling $3,000,000 in the standing committee report, and to defer the effective date for conference work. Trung Lam of the Hawaii Technology Development Corporation opened testimony: 'Good morning, chair, vice chairs, and members of the committee. Trung Lam with the Hawaii Technology Development Corporation, and I stand on my written testimony.' He told lawmakers the governor provided $1,000,000 for SBIR this year but two other programs had been vetoed, and the original proposal requested $1,000,000 per program.