Tech Credit's Value Lost in Flawed Analysis

Commentary, Honolulu Advertiser, Sunday, Oct 15, 2006

In 2001, the state adopted Act 221 to stimulate capital investments in Hawai'i technology companies, thereby accelerating the growth of our local tech industry. Hawai'i investors, accustomed to investing in real estate, established ventures, or out-of-state, had very little if any interest in making investments in local tech start-ups. Frustrated tech entrepreneurs increasingly left Hawai'i to launch start-ups or were forced to relocate to areas with greater access to capital.

Tech Credit's Value Lost in Flawed Analysis.

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