HomeMy WebLinkAboutCOM 0869.000 2018-2020 Harry Kim "�NtV 9f`' y:• Deanna S. Sako
Mayor co•
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County of Hawaii
Finance Department
25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720
(808)961-8234 • Fax(808)961-8569 (-7,
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April 2, 2020
Aaron Chung, Council Chair and ,
Members of the Hawai`i County Council
Hawaii County Council
25 Aupuni Street
Hilo, Hawai`i 96720
Re: Agreement with Corporation for National and Community Service
Enclosed is a resolution to enter into an agreement with the State of Hawai`i Department
of Business, Economic Development and Tourism's Hawai`i Technology Development
Corporation(HTDC). This agreement is to provide $20,000 of matching funds to HTDC
for their Neighbor Island Innovation program. This program will provide technical and
business assistance to small and early-stage companies on the neighbor islands.
If there are any questions, please do not hesitate to call Beth Dykstra of the Department
of Research and Development at 961-8035.
Deanna S. Sako
Director of Finance
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Comm: No. tD9
Ref..To: F C.
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Hawai'i County is an Equal Opportunity Employer and Provider
Form #: B-52
7/18/91
DEPARTMENT or FINANCE
REQUEST FOR COUNCIL ACTION
DEPARTMENT: Research and Development DATE: March 27, 2020
STAFF CONTACT: Beth Dykstra PHONE: 961-8035
A. REQUEST:
A resolution authorizing the Department of Research and Development to enter into an agreement with the
Hawaii Technology Development Corporation (HTDC) for its Neighbor Island Innovation (N13) program in the
amount of$20,000.00. The source of funds is Resource Center R&D 010.1.61,.5162.98 11.5 Misc. Contract
Services. The HTDC is contributing $20,000.00 in matching resources.
B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED):
The HTDC, a program of the State.of Hawaii Department of Business, Economic Development and Tourism
is funded each year by the State Legislature. In 2019 HTDC's budget was reduced significantly resulting in:a
scaled back NI3 program. The NI3 initiative is designed to provide technical and business assistance to
small and early-stage companies on the neighbor islands. Theprogram currently operates on the islands of
Hawaii and Kauai.
The N13 program is an important business development partner on Hawaii Island, complementing but not
duplicating the services of partner organizations such as the Small Business Development Centers and The
Kohala Center.
Traditional mentoring programs like SCORE funded by the Small Business Administration, are not available
on Hawaii Island. The NI3 program is the only organization that provides expert mentoring and consultation
for entrepreneurs, particularly in technology related enterprises. The program connects technology and
value-added businesses to state and federal Small Business Innovation Research (SBIR).grants, the State
Manufacturing Assistance Program (MAP) which provides grants to Hawaii companies•f_or the purchase of
capital equipment, and the Federal.Manufacturing:Extension Partnership.(MEP), a nation-wide network of
manufacturing subject matter experts..
`The HTDC continues to pursue state and federal funding to support its programs but is also working toward
developing a self-sustaining financing model. The County's support will maintain the program's momentum
and help develop economic diversification through local technology focused businesses.
SIGNED: DATE: 490,--9e
epart4nt Head
41.01-10