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MEDBMaui Economic Development Board (Hawaii)
MEDBMycobacterium Extensor Digitorum Brevis
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After two decades of nurturing, tiny tech sector employs 800+ people on Maui -- only 1 percent of Valley Isle labor force (though Maui Economic Development Board {MEDB] hoping to double tech job count to 1600 jobs in next three years).
"So far we haven't suffered repercussions," says Jeanne Skog, president and chief executive officer for the Maui Economic Development Board. "But we're all watching cautiously what happens with the market." In the all-important tourism sector, for example, hotel occupancy rates during the first quarter of 2001 increased 10 percent to 77.87 percent, up from 70.69 percent the year prior, according to consulting firm PKF Hawaii.
Meanwhile, Maui Economic Development Board executive director Bob Johnson says demand remains strong for incubation facilities at the state-owned Maui Research & Technology Center (see story on page 15).
MCC also actively collaborates with the community including: the County of Maui; Maui Economic Development Board; Maui High Performance Computing Center; the High Technology Development Corporation; the Maui Chamber of Commerce, Maui Hotel Association, Maui Visitors Bureau, Maui Community Arts & Cultural Center, Community Care Hui, and other business and nonprofit organizations.
"The vacancy rate (of the Maui Research and Technology Center's start-up incubator) is low enough that we are stressed," says Maui Economic Development Board president Micheal Boughton.
The Maui Economic Development Board is signed on to recruit business-sector users, says its president, Micheal Boughton.
Center Manager Dale Webster, who also serves as vice president of the Maui Economic Development Board, expects the building to be 70 percent leased by June.
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