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April 21, 2003




            Representatives of the City, State and Federal governments--as well as the private sector--announced a new economic development partnership today.  Because of it, businesses in our islands will receive more comprehensive assistance that will enhance their chances of success.  

            The Hawaii Economic Partnership will provide a coordinated and unified response to business inquiries--especially new enterprises—that will maximize assistance from both government and private resources.   Partners include the United States Small Business Administration, State Department of Business, Economic Development and Tourism, the City Office of Economic Development, the Hawaii Chamber of Commerce and Enterprise Honolulu.

            “This exciting initiative is especially needed now to boost our sluggish State economy,” said Mayor Jeremy Harris.  “The beauty of this strategy is that it utilizes existing resources more efficiently, minimizing costs and startup time.  Just by improving the cooperation and communication within and between government and the private sector, we can leverage benefits for businesses and, in turn, our economy.”

            There is currently no formal coordinated, structured system to assist new businesses that are interested in locating to Hawaii.  As a result, these businesses do not receive all of the available resources that can be critical to their success.

            Those involved in the Partnership envision the eventual development of a process that will enable government at all levels and appropriate private agencies to keep abreast of a company’s progress.




Monday, April 21, 2003

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