Investment Program

HSDC’s strategy has been to focus on ecosystem development through the HI Growth Initiative in order to attract private sector investors.  HSDC’s investments support collaborative events for the entrepreneurial community, accelerator programs and investment funds, seed funds and a Series A fund.  Of the seven active Hawaii-based investment funds, HSDC has helped in the establishment of 6 of these funds.  The Hawaii Employees Retirement Systems recently announced a commitment of $35 million to invest in a funds of funds program to target opportunities in Hawaii.  In making this commitment HiERS cited the success of HSDC supported programs in developing an active ecosystem and pipeline of investable companies.  HSDC’s co-investors in its various funds include Hawaii angel investors, Hawaii corporate investors, and Hawaii institutional investors:

 

Blue Ventures

GTA Development Fund

EEX Fund One

UPSIDE Fund II

Reef Ventures

Startup Capital Ventures Fund II