HI HB1011

Increases the grant cap from $3,000 to $6,000 for businesses applying for federal small business innovation research or small business technology transfer program grants under section 206M-15.

Adds purchasing of renewable energy technology systems (including photovoltaic) as an eligible expense under the Manufacturing Development Grant Program to reduce manufacturing energy costs.

Clarifies that employee training for both new and existing manufacturing equipment qualifies as an eligible expense under the Manufacturing Development Grant Program.

Prohibits businesses that receive manufacturing development grants for renewable energy systems from also claiming the tax credit under section 235-12.5 for those same systems.