In his 2017 State of the State address, Gov. David Ige called for continued support for the HI Growth Initiative, an equity investment program to grow Hawaii’s entrepreneurial ecosystem.
Excerpt from the Honolulu Star-Advertiser:
Ige also pitched his administration’s efforts to steer Hawaii into the “innovation” sector.
The governor has included $5 million per year for each of the next two years to support the work of the Cancer Center of Hawaii, and praised the state’s HI Growth program to encourage high-tech entrepreneurs. He said that program has helped to fuel 145 start-ups with $10 million in state funds, and those start-ups attracted $250 million total investment.
“Together, we must pursue our own self-made opportunities through education, innovation and entrepreneurship,” Ige said. “We must tap our greatest resource, our people, to find our way to the next great economic transformation: the development of an innovation sector.”
Read the full text of his speech.