The development corporation shall report annually to the legislature twenty days prior to the convening of the session on the impact of the program on:

(1) Increasing the awareness of the federal small business innovation research program and the number of companies submitting proposals to federal agencies;

Terms Used In Hawaii Revised Statutes 206M-3.5

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) Increasing the number of phase I awards received by Hawaii businesses under the small business innovation research program; and
(3) Increasing the number of phase I to phase II conversions by Hawaii businesses.