Representative Jon Riki Karamatsu
Floor Remarks
Senate Bill 2036, S.D. 1, H.D. 1, C.D. 1
May 2, 2006
I rise in support.
The purpose of this measure is to extend business and technology-based incubation services to foreign technology companies seeking to business in the State by making an appropriation for the High Technology Development Corporation to establish an international business and technology incubator program in Hawaii.
Hawaii is an attractive alternative to other technology incubator programs on the mainland United States due to its closer proximity to Asia and the State's culturally diverse population. An international expansion of the incubator program is expected to create more business and technology-based jobs, economic diversity, and a new external source of tax revenue for the State.
Thank you.
JON RIKI KARAMATSU 