My argument to some of the HTTA members (no names mentioned) was that ACT221 was too generous to a R&D company. Being that ACT221 being more generous to an R&D company, if an investor were to decide where to put his money, he would most likely put it towards an R&D company rather than to a garage-type high tech startup.
Sure R&D is important. But given the generosity that ACT221 gives towards a R&D company, why would they want to put their money towards a garage-type high tech startup? That is why I feel hinders local growth of high tech and that the Lingle Administration has a point. Virgil > No one will move until they see signs of success from local companies. So > far, we have few. > > -Ho'ala > > > Kevin Goad said: >> From what I've heard it was a way to try to get Intel to move over >> here... Cayetano needed a way to entice them and that was one of them. > > > > _______________________________________________ > LUAU mailing list > [EMAIL PROTECTED] > http://videl.ics.hawaii.edu/mailman/listinfo/luau