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August 3, 2020 – the following update was added:
Deadline Approaching for Paycheck Protection Program (PPP)
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses. The deadline to apply for a Paycheck Protection Program loan is August 8, 2020.
City & County of Honolulu Continues Small Business Relief and Recovery Fund
The City and County of Honolulu is extending their Small Business Relief and Recovery Fund with the purpose of reimbursing small businesses for costs incurred from business interruption due to Emergency Proclamations and to help small businesses implement safety precautions to prevent the spread of COVID-19.
DBEDT Launches Buy Hawaii, Give Aloha Portal Site
We know local shoppers want to support small businesses and find the best made-in-Hawaii products. That’s why DBEDT created Buy Hawaii, Give Aloha, a one-stop online resource that makes it easy for shoppers to find local brands, all in one place. If you’re a Hawaii business owner, you can join for free — and it’s free for your customers to use, too!
Your business may be eligible for tax breaks and other benefits through Hawaii’s Enterprise Zones Partnership (EZ) Program.
Hawaiʻi Economic & Community Navigator
Changing the trajectory of Hawaiʻi towards a more balanced, innovative, and sustainable economy – that balances the people, place, and culture with the environment, land, and ocean.
Community Based Economic Development (CBED)
CBED offers micro-loans up to $50,000, to eligible small businesses that support economic development in their communities.