News

The Hawaii Strategic Development Corporation (HSDC) announced the State’s $1.2 million commitment through the HI Growth Initiative to the GVS Transmedia Accelerator, a new accelerator program for businesses across multiple creative media platforms in the entertainment sector. The Accelerator is currently accepting applications and is slated to begin its first cohort in June 2014. For ...
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Startup Weekend Honolulu closed on another successful event this past weekend. This was the third of its kind in Honolulu, with two more scheduled in the state for this year. HSDC congratulates the winner of the February Startup Weekend Honolulu, Green Apple, as well as all of the others teams and participants. HSDC is proud ...
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Cardax, a portfolio company of HEAVEN Fund, International Venture Fund (IVF), and HMS Investments, all of which HSDC is a limited partner, announced in a press release that it is officially a public company after completing a reverse merger with Koffee Korner Inc. Cardax is Hawaii’s 16th publicly-traded company, and will be trading on the over-the-counter market. ...
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Today, the State and mbloom announced the closing of a $10 million investment fund, mbloom Fund I, based on Maui. mbloom is Hawaii’s first early-stage technology fund. Founded and run by entrepreurs Arben Kryeziu and Nick Bicanic, mbloom’s mission is to create an environtment that seeds, develops and grows profitable Hawaii based companies by solving ...
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Governor Abercrombie submitted his Supplemental Budget for the 2015 fiscal year, and included $6 million for the continuation of the HI Growth Initiative. Be sure to check the Legislation page for regular updates throughout the upcoming session beginning on January 15, 2014.

The 4th Annual VC Summit was held on December 4, 2013 at the Sheraton Waikiki. This year’s program featured a keynote speech by Developer Advocate at Google and Advisor to Google Ventures, Don Dodge; crowdfunding workshop featuring thecrowdcafe.com founder and crowdfunding guru, Jonathan Sandlund; panel discussion with some of Hawaii’s companies that have raised significant ...
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On July 9, 2013, Lt. Governor Shan Tsutsui signed into law the HI Growth Initiative, the State’s investment program focused on building a innovation ecosystem in Hawaii. Read more >>

Posted on Oct 25, 2013 in News

The 2013 Annual VC Summit will be a day packed with talks by thought leaders in Hawaii's startup community; launch of the Startup Paradise initiative; a keynote by Don Dodge, advisor to Google Ventures, on the next big opportunities in venture capital; and pitches by companies out of Blue Startupes and Energy Excelerator.