Leighton K. Chong's Blog – September 2009 Archive (2)

Karl Fooks, new Director of HSDC, gave an excellent overview of promising options for promoting venture capital investment in technology companies in Hawaii at the HVCA luncheon talk yesterday. Here are some of the main points I noted down from Mr. Fooks presentation:



1. Angel investment tax credits: perhaps a continuation of Act 221; 16 other states have similar tax credits, averaging about 50% of invested amount, and capping total tax credits that can be taken.

2. State… Continue

Aloha TechHui Members:



We would like to hear your opinion on this important issue for tech companies in Hawaii. After passage of Bill 199 restrictions on Act 221 tax credits in the last Legislative session, what legislative measures do you support to make investment capital for funding tech companies available in the next Legislative session in January 2010. Please take a few moments to fill out the… Continue