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Find similar grantsHI-CAP Program is sponsored by Hawaiʻi Green Infrastructure Authority (HGIA). Provides capital assistance to Hawaii's small businesses, start-ups, and entrepreneurs in sectors like renewable energy, innovation, agriculture, manufacturing, and creative industries.
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Hawaiʻi Green Infrastructure Authority | HI-CAP Program The State of Hawaii’s HI-CAP Program provides capital assistance to Hawaii’s small businesses, start-ups and entrepreneurs. It is funded by the U.S. Treasury under the American Rescue Plan Act of 2021 (“ARPA”) for the State Small Business Credit Initiative (SSBCI).
The program is jointly managed by the Hawaii Technology Development Corporation ( HTDC ) and the Hawaii Green Infrastructure Authority (HGIA), both state agencies attached to the Department of Business, Economic Development, and Tourism ( DBEDT ). What capital assistance offerings are available? 1.
HI-CAP Collateral ( Administered through local financial institutions) Suited for small businesses and nonprofits where additional collateral is needed to be approved for a loan. HGIA will work with Participating Lenders to provide cash collateral to eligible borrowers to help support the requested loan. For more information on HI-CAP Collateral, click here .
2. HI-CAP Loans ( Administered through HGIA ) Suited for businesses spearheading transformative projects which accelerate the State’s economic development goals and provide significant impact to small businesses within our communities. HGIA will blend a maximum of 50% of the total project costs of its capital with private capital to help bring eligible projects to reality.
Projects considered transformative include (but are not limited to) those in renewable energy, innovation, local agriculture, dual-use technology, manufacturing, or creative industry projects that spur economic development. For more information on HI-CAP Loans, click here . 3.
HI-CAP CDFI Loan Program ( Administered through a network of non-depository CDFI partners ) Suited for Hawaii’s non-depository Community Development Financial Institutions (CDFIs) to access low-cost loan capital to re-lend to eligible small businesses. For more information on the HI-CAP CDFI Loan Program, click here . 4.
HI-CAP Invest ( Administered through HTDC ) Suited for managers of venture capital (VC) funds. This “Funds-of-Funds Venture Capital” program is designed to invest in high-quality investment managers with the capacity to mentor and advise entrepreneurs and facilitate follow-on investments. Click here for a list of requirements.
If you are a VC fund interested in being considered for Hi-CAP Invest, contact them at [email protected] with the following: Company information (please include website, areas of focus) State current venture-capital related activities taking place within Hawaii If from out of state, specify reasons for your interest in the Hawaii market
Based on current listing details, eligibility includes: Hawaii small businesses, start-ups, and entrepreneurs needing capital assistance. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Unspecified Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
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Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs Phase I (FY 2025) is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs focus on transforming scientific discovery into products and services with commercial potential and/or societal benefit. Projects dealing with agriculturally-related manufacturing and alternative and renewable energy technologies are encouraged across all SBIR/STTR topic areas.
Small Business Innovation Research (SBIR) / Small Business Technology Transfer (STTR) Programs (Phase I) is sponsored by U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA). The USDA SBIR/STTR programs focus on transforming scientific discovery into products and services with commercial potential and/or societal benefit in agriculturally-related areas. This can include app development for agricultural technology, rural development, and smart farming. Phase I aims to demonstrate technical feasibility.
Small Business Innovation Research (SBIR) Program is sponsored by NOAA. This program provides seed funding to small businesses for research and development of innovative technologies across NOAA's mission areas, including climate change adaptation and mitigation, coastal resilience, and extreme weather events. Phase I awards fund a six-month period for conducting feasibility and proof of concept research.