Karamatsu honored for economic development efforts

In a special ceremony last week at the NCSL conference in New Orleans, Rep. Jon Riki Karamatsu was honored by the National Coalition for Capital (NCFC) for his continuous efforts in promoting economic development in Hawaii.

According to a press release from the NCFC, Karamatsu "was honored for taking a leadership role in several key legislative efforts to foster capital investment in traditionally underserved regions across the state."

Specifically, Karamatsu was recognized for sponsoring the Hawaii High Tech Investment Tax Credit and playing a significant role in diversifying Hawaii business and economy through promotion and fostering of Hawaii high-tech companies that help create more revenue and jobs.

The National Coalition for Capital (NCFC) is a non-profit, nationwide coalition of leaders supporting economic development and job creation through long-term access to capital for entrepreneurs and emerging companies.