Committee hears HCDC requests for MAP, SBIR and accelerator funding; lawmakers press for performance metrics
HCDC leaders sought ongoing appropriations for manufacturing assistance, SBIR matches and small-business accelerators (roughly $1 million per program), while senators pressed for evidence of commercialization outcomes, job creation and a plan to spread benefits beyond a recurring set of recipients.
The full story
Hawaii Technology Development Corporation / HCDC leaders described three core programs — MAP (Manufacturing Assistance Program), SBIR matching and a small-business training/accelerator — and requested annual appropriations (the testimony referenced $1 million per program, or roughly $3 million). HCDC described how MAP provides a 20% rebate on equipment and training, SBIR matches support companies that win federal SBIR awards, and accelerator/training funds would support small-business programming.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in