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Updated: May 3, 2021 from SBA.gov

Shuttered Venue Operations Grant (SVOG)

The U.S. Small Business Administration (SBA) has re-opened the Shuttered Venue Operations Grant (SVOG) application portal, https://www.svograntportal.sba.gov/s/.  

The Shuttered Venue Operators Grant program was established in the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act and amended by the American Rescue Plan Act to provide over $16.2 billion in economic relief to target industries. This SVOG portal is now open to receive applications.  

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Restaurant Revitalization Fund (RRF)

SBA has opened applications for the Restaurant Revitalization Fund (RRF) on Monday, May 3, 2021. The online application will remain open to any eligible establishment until all funds are exhausted.  

Established under the American Rescue Plan, and signed into law by President Joe Biden on March 11, 2021, the Restaurant Revitalization Fund provides a total of $28.6 billion in direct relief funds to restaurants and other hard-hit food establishments that have experienced economic distress and significant operational losses due to the COVID-19 pandemic. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Funds must be used for allowable expenses by March 11, 2023.  

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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!

Expand Your Sales with HiSTEP

Funded in part through a Grant with the U.S. SBA, HiSTEP assists Hawaii small businesses with their export development. The goal is to increase the number of small businesses that want to export as well as the value of exports for those small businesses that currently export.

Hawaii Defense Economy

Military-related spending in Hawaii is second only to tourism and contributes to thousands of jobs. DBEDT is committed to understanding the importance of DoD spending and to fostering resiliency efforts should DoD spending change.

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Community Based Economic Development (CBED)

CBED offers loans to eligible small businesses that support economic development in their communities. Also grants available to non-profits for technical assistance in applying for federal grants!

News

Applications Open for SVOG and RRFPosted on May 4, 2021
The U.S. Small Business Administration (SBA) has re-opened the Shuttered Venue Operations Grant (SVOG) application portal, as well as the the Restaurant Revitalization Fund (RRF).
Read More Applications Open for SVOG and RRF
Join HATCH Innovation StudioPosted on May 4, 2021
WHAT IS HATCH INNOVATION STUDIO?The HATCH Innovation Studio is designed with early-stage projects in mind. Together with the Natural Energy Laboratory of Hawaii (NELHA), this is an opportunity to validate your technology against a global network of aquaculture industry experts and scale. WHY JOIN HATCH INNOVATION STUDIO?Building a business is hard, overwhelming work. Good advice […]
Read More Join HATCH Innovation Studio
Commercial Lease Tenant Issues and COVID-19 post thumbnail
Commercial Lease Tenant Issues and COVID-19Posted on May 4, 2021
Possible steps to take to prepare for the survival of your business. In the face of the worldwide pandemic and resultant loss of business revenue, standard commercial lease practices and principles have fundamentally shifted in ways that may not necessarily favor commercial tenants. The Commercial Lease Tenant Issues and COVID-19 free seminar will focus on […]
Read More Commercial Lease Tenant Issues and COVID-19
SBA Announces Launch of Restaurant Revitalization FundPosted on April 20, 2021
This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19.  Program overview   The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue […]
Read More SBA Announces Launch of Restaurant Revitalization Fund
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Success stories about businesses that have benefited from BDSD programs.

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