Financial Assistance Programs
The State of Hawaii offers several programs to help businesses obtain loans, grants, and other investment resources, as well as to seek and encourage investments from sources both in and out of the State. Whether you're a prospective entrepreneur, an existing business in need of assistance, or a potential investor seeking new opportunities, the various programs listed below offers a host of resources that can help direct you to a variety of financing opportunities according to your specific needs.

Hawaii Strategic Development Corporation Venture Capital

The Hawaii Strategic Development Authority's (HSDC) mission is to develop a sustainable venture capital industry in Hawaii which will stimulate the growth of viable new businesses. HSDA works to diversify the state's economy by commercializing emerging technologies and providing skilled employment opportunities for citizenry.

Near-term objectives are to develop venture capital investment funds in Hawaii which will attract external sources of private investment; to establish a fund of funds to raise capital for Hawaii venture funds, to expand the business infrastructure supporting the venture industry and the growth of emerging companies; and to assist entrepreneurial development through focused conferences and seminars.

For further information, call: (808)587-3829

Small Business Innovation Research Grants

The Small Business Innovation Research Program (SBIR) is a $1.5 billion federal funding program that encourages small businesses to develop commercially viable technologies or innovations. Organized as a competition, SBIR allows small companies the opportunity to test high-risk theories and develop innovative technologies. To compete for SBIR dollars, small businesses respond to program solicitations issued by participating federal agencies.