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Secure Your Future: Hawaii Small Business Grants Guide

Are you a small business owner or entrepreneur in Hawaii looking for funding opportunities? Discover how Hawaii Small Business Grants can help you secure your future and pave the way to success.

Key Takeaways:

  • Apply for the Skip Small Business Grant Program, which accepts applications year-round and offers a grant amount of $1,000.
  • Consider the Maui County Small Business Grant, with a deadline to apply by April 15, 2022, and a grant amount of $5,000. Eligibility criteria includes demonstrating a 25% reduction in revenue from 2019 to 2020, with home-based and agricultural businesses not eligible.
  • Stay updated on new grants by checking back regularly, and receive personalized grant assistance and 1-1 support for your business by joining Skip Premium.
  • Explore the services provided by the Hawaii District Office, including funding programs, counseling, federal contracting certifications, and disaster recovery support. Their services extend to Hawaii, Guam, American Samoa, and other territories.
  • Take advantage of the HiSTEP program, administered by the Department of Business, Economic Development and Tourism (D

    Skip Small Business Grant Program

    The Skip Small Business Grant Program offers a year-round opportunity for small business owners and entrepreneurs in Hawaii to secure a grant of $1,000. Whether you are just starting out or looking to expand your existing business, this program provides financial assistance to help you achieve your goals. The application process is straightforward, and grants are awarded based on eligibility and the potential impact on the local economy.

    Applying for the Skip Small Business Grant is simple. Just fill out the online application form, providing details about your business, its purpose, and how you plan to use the grant money. The program accepts applications on an ongoing basis, allowing you to apply at any time that suits your needs. Once your application is submitted, it will be reviewed by a panel of experts who will assess its viability and potential impact on the community.

    Eligibility Criteria for the Skip Small Business Grant Program

    • Applicants must be small business owners or entrepreneurs based in Hawaii.
    • Businesses must have a clear purpose and be able to demonstrate the potential for growth and success.
    • The grant amount of $1,000 can be used for a variety of purposes, such as purchasing equipment, marketing and advertising, hiring staff, or expanding operations.

    By securing the Skip Small Business Grant, you gain access to much-needed funding that can make a significant difference in the success and growth of your business. Take advantage of this opportunity to invest in your future and realize your entrepreneurial dreams.

    Maui County Small Business Grant

    If you are a small business owner in Maui County, don’t miss the opportunity to apply for the $5,000 grant to support your business, provided you can demonstrate a 25% reduction in revenue from 2019 to 2020. The Maui County Small Business Grant is a valuable resource for businesses that have been negatively impacted by the economic challenges of the past year.

    The grant application deadline is April 15, 2022. To be eligible, businesses must meet the revenue reduction requirement and operate within Maui County. Please note that home-based businesses and agricultural businesses are not eligible for this particular grant.

    Applying for the Maui County Small Business Grant is a straightforward process. You will need to gather the necessary documentation to demonstrate the revenue reduction, such as financial statements or tax returns for both 2019 and 2020. Additionally, you will need to complete the application form provided by the grant program.

    By taking advantage of the Maui County Small Business Grant, you can access much-needed funds to help your business recover and thrive. The $5,000 grant can be used for various business expenses, such as rent, utilities, payroll, inventory, marketing, and other operational costs. Don’t miss this opportunity to secure financial support for your business in these challenging times.

    Grant Name Deadline Grant Amount Eligibility
    Maui County Small Business Grant April 15, 2022 $5,000 25% reduction in revenue from 2019 to 2020

    Other Small Business Grants

    In addition to the Skip Small Business Grant Program and the Maui County Small Business Grant, there may be other grants available to small businesses in Hawaii. Stay updated and get personalized support by joining Skip Premium. By being a Skip Premium member, you will have access to a wide range of resources and assistance that can help you navigate the grant application process and increase your chances of success.

    Grant Opportunities

    It’s essential to stay informed about the latest grant opportunities in Hawaii. Grants can vary in terms of the industries they support, the funding amounts available, and the eligibility criteria. By regularly checking for updates, you can discover new grants that align with your business’s needs and goals.

    With Skip Premium, you can also receive personalized grant assistance tailored to your specific business needs. Our team of experts will guide you through the grant application process, providing advice and support to help you create a compelling application that stands out from the competition.

    Accessing Skip Premium

    Joining Skip Premium is simple. Just sign up for a membership and gain access to a wealth of resources, including grant databases, application templates, and expert advice. With Skip Premium, you can stay ahead of the curve, ensuring that you never miss out on valuable funding opportunities that could take your business to new heights.

    Summary

    In addition to the Skip Small Business Grant Program and the Maui County Small Business Grant, Hawaii offers various other grants and funding opportunities for small businesses. By staying updated and considering joining Skip Premium, you can enhance your chances of securing the financial support needed to grow and thrive in the competitive business landscape of Hawaii.

    Grant Program Application Deadline Grant Amount
    Skip Small Business Grant Program Year-round $1,000
    Maui County Small Business Grant April 15, 2022 $5,000

    Hawaii District Office

    The Hawaii District Office offers a range of services and resources to small businesses in Hawaii, Guam, American Samoa, and other territories, including funding programs and assistance for business development. Whether you’re starting a new small business or looking to expand an existing one, the Hawaii District Office can provide the support you need to secure your future.

    One of the key services provided by the Hawaii District Office is access to funding programs. They can help you navigate the various grant opportunities available in Hawaii, connecting you with the resources you need to secure business development grants. Additionally, they offer counseling services to help you develop your business plan, improve your financial management, and explore financing options.

    Another valuable resource offered by the Hawaii District Office is assistance with federal contracting certifications. They can guide you through the process of becoming certified as a small business, helping you gain access to government contracts and opportunities for growth. In addition, they provide support for disaster recovery, helping small businesses recover and rebuild after a natural disaster.

    Overall, the Hawaii District Office is dedicated to supporting small businesses in Hawaii and the surrounding territories. Their funding programs, counseling services, federal contracting certifications, and disaster recovery support are all designed to help small businesses secure their future and thrive in a competitive market.

    Services Provided by the Hawaii District Office Geographic Coverage
    Funding Programs Hawaii, Guam, American Samoa, and other territories
    Counseling Services Hawaii, Guam, American Samoa, and other territories
    Federal Contracting Certifications Hawaii, Guam, American Samoa, and other territories
    Disaster Recovery Support Hawaii, Guam, American Samoa, and other territories

    HiSTEP (Hawaii’s State Trade Expansion Program)

    Expand your business horizons with the HiSTEP program, which provides invaluable export development assistance to small businesses in Hawaii through partnerships with the Department of Business, Economic Development and Tourism (DBEDT) and other agencies. Whether you’re looking to explore new international markets or maximize your existing global presence, HiSTEP offers a range of resources and support to help you succeed in the international marketplace.

    Program Highlights

    • Market research and analysis: Gain insights into target markets, customer preferences, and competitive landscapes to make informed business decisions.
    • Trade missions and shows: Showcase your products and services at trade shows and connect with potential buyers and distributors from around the world.
    • Export training and workshops: Learn essential skills and strategies for successful international trade, including export documentation, logistics, and cultural considerations.
    • Export financing: Access funding and resources to support your export activities, including grants, loans, and trade promotion programs.

    By participating in HiSTEP, you can tap into a wealth of knowledge and expertise to navigate the complexities of global trade. Whether you’re a seasoned exporter or just getting started with international sales, HiSTEP is here to support your business growth and help you expand into new markets.

    Success Story: ABC Company

    “Thanks to HiSTEP, we were able to identify key export markets for our products and participate in targeted trade shows. This led to valuable business connections and increased sales opportunities. We are now a thriving global company, all thanks to the support and resources provided by the HiSTEP program.”

    If you’re ready to take your business to the next level and explore international opportunities, HiSTEP is the perfect partner for your export journey. From market research to trade missions, the program offers a comprehensive range of services to help you navigate the global marketplace with confidence. Contact the Department of Business, Economic Development and Tourism (DBEDT) or visit their website to learn more about how HiSTEP can propel your business forward.

    Program Description Contact
    HiSTEP Export development assistance for small businesses in Hawaii Department of Business, Economic Development and Tourism (DBEDT)

    Hawaii SBIR Matching Grant Program

    If your company has received a federal Phase I SBIR award, you can take advantage of the Hawaii SBIR Matching Grant Program to secure additional funds and drive successful project development and commercialization. This program offers Hawaii-based companies the opportunity to access matching funds that can significantly enhance their projects.

    Administered by the Hawaii Technology Development Corporation (HTDC), the Hawaii SBIR Matching Grant Program provides funding to companies that have already been awarded Phase I SBIR grants by federal agencies. These grants are designed to support research and development efforts for innovative technologies with commercial potential.

    How it Works

    The Hawaii SBIR Matching Grant Program offers a dollar-for-dollar match of the federal Phase I SBIR award, up to a maximum of $500,000. This means that if your company has received a $200,000 Phase I SBIR award, you can receive an additional $200,000 through the matching grant program.

    To qualify for the matching grant, your company must be based in Hawaii and have a qualifying Phase I SBIR award. The program aims to support a wide range of industries, including advanced materials, agriculture, clean energy, healthcare, and more.

    Benefit Requirements Maximum Match Amount
    Phase I SBIR Award $50,000 or more Up to $500,000
    Phase I SBIR Award Less than $50,000 Matched proportionately

    The Hawaii SBIR Matching Grant Program is a great opportunity for companies to accelerate their project development and commercialization efforts. By leveraging federal funding and securing a matching grant, you can access the resources and support needed to turn your innovative ideas into successful business ventures.

    Innovate Hawaii

    Innovate Hawaii offers affordable assistance and support to small and medium-sized manufacturing and pre-manufacturing businesses throughout Hawaii, helping them thrive in a competitive market. With a team of industry experts, Innovate Hawaii provides a range of services tailored to the specific needs of businesses, including technical assistance, training programs, and access to resources.

    Technical Assistance: Innovate Hawaii’s experienced professionals work closely with businesses to identify areas for improvement, streamline operations, and enhance productivity. From process optimization to lean manufacturing principles, they provide valuable insights and guidance to help businesses maximize their efficiency and profitability.

    Training Programs: Innovate Hawaii offers a variety of training programs designed to equip businesses with the knowledge and skills needed to succeed in today’s dynamic market. From workforce development to advanced manufacturing techniques, their training programs cover a wide range of topics to meet the specific needs of businesses in Hawaii.

    Access to Resources: By connecting businesses with valuable resources, Innovate Hawaii helps them overcome challenges and tap into new opportunities. Whether it’s access to funding, networking opportunities, or industry insights, Innovate Hawaii provides businesses with the tools they need to stay competitive and grow.

    Innovate Hawaii Services
    Technical Assistance – Process optimization
    – Lean manufacturing principles
    Training Programs – Workforce development
    – Advanced manufacturing techniques
    Access to Resources – Funding opportunities
    – Networking opportunities
    – Industry insights

    Whether you’re looking to optimize your manufacturing processes, upskill your workforce, or gain access to valuable resources, Innovate Hawaii is here to support your business every step of the way. Their commitment to affordable assistance and personalized guidance makes them an invaluable partner for small and medium-sized businesses in Hawaii.

    Hawaii Film Production Tax Credit

    Discover how the Hawaii Film Production Tax Credit can provide a financial boost to your film, television, commercial, or digital media project produced in Hawaii. This tax credit offers a refundable credit that helps offset production costs, making Hawaii an attractive location for film and media production.

    Eligibility: Film, television, commercial, or digital media projects produced in Hawaii.
    Benefit: Refundable tax credit.
    Requirements: Projects must meet certain criteria to qualify for the tax credit, including spending a minimum of $200,000 on qualified production costs in the state.
    Application Process: Complete the application form, provide required documentation, and submit to the Hawaii Film Office.

    The Hawaii Film Production Tax Credit can significantly reduce production costs and attract talented filmmakers to the islands. It encourages economic growth in the local film and media industry and provides opportunities for job creation and investment in the community.

    By taking advantage of this tax credit, you can maximize your project’s budget and resources, allowing for a higher production value and increased creativity. The stunning landscapes and diverse locations in Hawaii serve as a captivating backdrop for any film or media project, creating a unique and memorable visual experience for audiences.

    If you’re planning to produce your film, television show, commercial, or digital media project in Hawaii, don’t miss out on the financial benefits offered by the Hawaii Film Production Tax Credit. Explore the opportunities and resources available to make your project a success.

    Additional Resources for Hawaii Small Businesses

    Explore additional resources and opportunities that can support your small business in Hawaii. Take advantage of tax incentives available in designated Enterprise Zones, access renewable energy development assistance through the Hawaii State Energy Office, and explore financing options provided by the GreenSun Hawaii credit enhancement program.

    Enterprise Zones

    In designated Enterprise Zones, small businesses can benefit from tax incentives and other advantages. These zones aim to promote economic growth and job creation by providing businesses with tax credits, exemptions, and reduced regulatory requirements. By locating your business in an Enterprise Zone, you can maximize your potential for success and growth.

    Hawaii State Energy Office

    The Hawaii State Energy Office is committed to supporting renewable energy development and energy efficiency initiatives in the state. They offer a range of resources and tools to help small businesses access clean energy solutions, navigate permitting processes, secure financing, and identify suitable sites for renewable energy projects. By embracing sustainable practices, you can not only reduce your business’s carbon footprint but also benefit from potential cost savings in the long run.

    GreenSun Hawaii

    The GreenSun Hawaii credit enhancement program provides financing options for small businesses looking to invest in energy efficiency and renewable energy retrofits. This program helps property owners secure loans for environmentally friendly upgrades by establishing loan loss reserves. By participating in the GreenSun Hawaii program, you can access affordable financing options that will enable you to make your business more energy-efficient, reduce operating costs, and contribute to a greener future.

    By exploring these additional resources and opportunities, you can enhance the growth and sustainability of your small business in Hawaii. Utilize tax incentives, embrace renewable energy, and access financing options to secure your future success.

    Conclusion

    Securing small business grants in Hawaii can be a game-changer for entrepreneurs, providing the financial support needed to turn their business dreams into reality. With the various grants, programs, and resources available, you can ensure a successful future for your small business in Hawaii.

    Explore the Skip Small Business Grant Program, which accepts applications year-round and offers a grant amount of $1,000 for all small business owners and entrepreneurs. Additionally, consider the Maui County Small Business Grant, with a deadline to apply by April 15, 2022, and a grant amount of $5,000. To be eligible, you must demonstrate a 25% reduction in revenue from 2019 to 2020, although home-based businesses and agricultural businesses are not eligible for this particular grant.

    Stay informed about other small business grants by checking back frequently for updates. Alternatively, you can receive personalized grant assistance and one-on-one support for your business by joining Skip Premium. This exclusive program provides tailored guidance to help you navigate the grant application process and increase your chances of securing funding.

    Don’t forget to leverage the services offered by the Hawaii District Office, which provides valuable support for small businesses in Hawaii, Guam, American Samoa, and other territories. From funding programs and counseling to federal contracting certifications and disaster recovery assistance, the Hawaii District Office is a valuable resource for entrepreneurs.

    Additionally, consider the HiSTEP program, administered by the Department of Business, Economic Development and Tourism (DBEDT). HiSTEP offers export development assistance to small businesses in Hawaii, helping you tap into international markets and expand your business globally.

    If your company has federal Phase I SBIR awards, the Hawaii SBIR Matching Grant Program can provide matching funds to enhance your project development and support successful commercialization. This program is a great opportunity to take your innovative ideas to the next level.

    For small and medium-sized manufacturing and pre-manufacturing businesses in Hawaii, Innovate Hawaii offers affordable assistance to help you optimize your operations and achieve sustainable growth. Their expertise can be invaluable in taking your business to new heights.

    Lastly, be sure to explore the Hawaii Film Production Tax Credit if you’re involved in the film, television, commercial, or digital media industry. This program provides a refundable tax credit for qualified projects produced in Hawaii, further incentivizing business growth in this sector.

    Consider the benefits of Enterprise Zones in Hawaii, which provide tax incentives and benefits to businesses located within designated zones. Additionally, the Hawaii State Energy Office offers resources, tools, and support for renewable energy development, financing, permitting, and site acquisition. And if you’re looking to finance energy efficiency and renewable energy retrofits, GreenSun Hawaii’s credit enhancement program can help you access the funding you need.

    By leveraging these grants, programs, and resources, you can secure a promising future for your small business in Hawaii. Take advantage of the available support, and turn your entrepreneurial dreams into a thriving reality.

    FAQ

    Is the Skip Small Business Grant Program open to all small business owners and entrepreneurs?

    Yes, the Skip Small Business Grant Program is open to all small business owners and entrepreneurs. Applications are accepted year-round, and the grant amount is $1,000.

    What are the eligibility criteria for the Maui County Small Business Grant?

    To be eligible for the Maui County Small Business Grant, applicants must demonstrate a 25% reduction in revenue from 2019 to 2020. Please note that home-based businesses and agricultural businesses are not eligible for this grant.

    Are there any other small business grants available?

    Yes, there may be other small business grants available. Check back later for updates on new grants. You can also get personalized grant assistance and 1-1 support for your business by joining Skip Premium.

    What services does the Hawaii District Office offer?

    The Hawaii District Office offers a range of services including funding programs, counseling, federal contracting certifications, and disaster recovery support. They serve Hawaii, Guam, American Samoa, and other territories.

    What is HiSTEP?

    HiSTEP, also known as Hawaii’s State Trade Expansion Program, provides export development assistance to small businesses in Hawaii. It is administered by the Department of Business, Economic Development and Tourism (DBEDT) in partnership with various agencies.

    How does the Hawaii SBIR Matching Grant Program work?

    The Hawaii SBIR Matching Grant Program offers matching funds to Hawaii-based companies with federal Phase I SBIR awards. These funds can be used to enhance project development and reach successful commercialization.

    What assistance does Innovate Hawaii provide to small businesses?

    Innovate Hawaii offers affordable assistance to small and medium-sized manufacturing and pre-manufacturing businesses in Hawaii. They aim to support the growth and development of these businesses.

    What is the Hawaii Film Production Tax Credit?

    The Hawaii Film Production Tax Credit provides a refundable tax credit for qualified film, television, commercial, or digital media projects produced in Hawaii. This credit can help incentivize and support the local film industry.

    What are Enterprise Zones?

    Enterprise Zones are designated areas that provide tax incentives and benefits for businesses located within them. These incentives aim to promote economic development and growth in specific regions of Hawaii.

    What services does the Hawaii State Energy Office provide?

    The Hawaii State Energy Office provides resources and tools for renewable energy development, permits, financing, and site acquisition. They aim to support the growth of renewable energy in Hawaii.

    What is GreenSun Hawaii?

    GreenSun Hawaii is a credit enhancement program that helps property owners finance energy efficiency and renewable energy retrofits through loan loss reserves. This program aims to incentivize and support the adoption of sustainable energy practices in Hawaii.

about author

Shane

Shane Perry Marketing. Taking your Hawaii business to the next level with online marketing.

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