§211E-3 - Venture capital information center; establishment; duties.
§211E-3 Venture capital information center;
establishment; duties. (a) The department of business, economic
development, and tourism shall establish a venture capital information center
to promote the development and exploitation of inventions and new products that
have direct economic benefits for Hawaii and to facilitate the bringing
together of investors desiring to invest money in new products and inventions
with inventors and developers of new products seeking financing.
(b) Among other services, the center shall:
(1) Develop a promotional program to generate and
attract venture capital to Hawaii;
(2) Provide interested investors with information on
prospective inventors, new products, innovations, and inventions;
(3) Maintain a listing of prospective investors,
inventors, and developers of new products; and
(4) Provide a referral service to bring together
investors with venture capital and inventors or developers seeking financing.
[L Sp 1981 1st, c 8, pt of §2; am L 1987, c 336, §7; am L 1990, c 293, §8]