“A little more than 50 years ago, Hawaii’s leaders were tasked with finding new economic resources to replace an exhausted farm-based economy. They determined that the visitor industry offered the greatest opportunity for growth, job creation and broad prosperity for everyone. And for more than a half century, it served and continues to serve us well. Today, however, we find ourselves in a situation very similar to where we were more than half a century ago.” —Gov. David Ige
The High Tech Development Corp. awarded more than $1M in grants to six Hawaii-based companies to support their R&D efforts of new products and solutions. HTDC’s 80/80 Initiative is projected to create 80,000 new tech and innovation jobs that will provide high paying jobs for Hawaii residents.
Small business, manufacturing, filmmaking, digital production, tourism
Albert C. Kobayashi Inc.
Alexander & Baldwin
Hansen Distribution Group
John Hancock Life Insurance
Pflueger Automotive Group
Dept. of Business, Economic Development & Tourisim
Luis P. Salaveria, Director
No. 1 Capitol District Building,
250 S. Hotel Street
Honolulu, HI 96813 http://dbedt.hawaii.gov/
A survey of 300+ CEOs conducted in early May shows declining confidence in business conditions, even as economy reopens in many parts of the country and around the world. But there could be a silver lining.