Tech Credit's Value Lost in Flawed Analysis
Posted September 15th, 2007 by sbaptistCommentary, 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.
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