[1] The HTDC was established as the High Technology Development Corporation in 1983,[2] but renamed in 2017 to more accurately describe its mission.
[3] The HTDC is in charge of Hawaii's Small Business Innovation and Research (SIBR) grants which provides funding to develop new technology that was started in 1988.
[1][4] In May 2019, the HTDC partnered with BoxJelly to build the Entrepreneurs Sandbox, a co-working and entrepreneurship hub in Honolulu.
[6] In 2018, the HTDC lost ~$800,000 of income when the Manoa Innovation Center went back under control of University of Hawaii.
[7] The park, which is to be built near an NSA office, is the brainchild of Hawaii Sen. Donovan Dela Cruz.