Business Development and Support Division

DBEDT will present a number of workshops explaining Opportunity Zones, a new federal tax incentive designed to attract long-term private investment and stimulate economic growth in disadvantaged areas across the country—including neighborhoods throughout Hawaii. The incentive offers tax benefits to individuals and businesses when they invest capital gains from a prior investment into Opportunity Funds ...
Read More DBEDT presents Opportunity Zones Workshops: Maui, Hawaii and Kauai

IR-2018-206, October 19, 2018 WASHINGTON —The Treasury Department and the Internal Revenue Service today issued proposed regulations and other published guidance for the new Opportunity Zone tax incentive. Opportunity Zones, created by the 2017 Tax Cuts and Jobs Act, were designed to spur investment in distressed communities throughout the country through tax benefits. Under a ...
Read More Treasury, IRS Issues Proposed Regulations on New Opportunity Zone Tax Incentive

(HONOLULU – August 7, 2017) Ad 2 Honolulu is calling all interested non-profit organizations to apply for a FREE public awareness campaign this year. The selected organization will receive a year-long campaign that includes marketing, public relations, creative executions and advertising in television, radio, print, and web. Notably, past public service campaigns have reached values ...
Read More Ad 2 Honolulu Accepting Applications for 2017-2018 Public Service Campaign

HOʻOKUPAʻA – KANU ME KA LAULIMA KAKOU 5th Annual Conference on Community Development &Financing Monday, March 27, 2017 William S. Richardson School of Law The Purpose of the Conference As the demand for funding developments (i.e. capital improvement and energy projects) increases, traditional methods of capitalizing projects become increasingly inadequate. There are alternatives. By creatively ...
Read More 5th Annual Conference on Community Development & Financing

SACRAMENTO, Calif. – Small, non-farm businesses in Hawaii County are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the drought in Hawaii County that began on April 5, 2016, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center ‑ ...
Read More SBA Economic Injury Disaster Loans Available to Hawaii Small Businesses

Windward Community College has partnered with the State of Hawaii Ag Advisory Board and Dept. of Labor’s Workforce Development Division to offer specialized training and support to Oahu ag farmers, entrepreneurs and businesses. This course is for individuals interested in starting or have recently started an ag business (growing crops, value-added, CSA) to create an ...
Read More 0 Tuition Waiver Offered for “Creating and Sustaining an Ag Business in Hawaii” Course

                The United States Department of Agriculture (USDA) Office of Rural 
Development is hosting a Public Private Partnership Meeting. The focus 
of this two-day meeting will be on public-private partnerships for rural 
communities.
 The morning of Day One will focus on Lender’s Training. This will be 
a discussion ...
Read More USDA Rural Development Hosts Public Private Partnership Meeting, September 22 & 23 – Free of Charge

Honolulu, HI—The Department of Business, Economic Development and Tourism (DBEDT) recently launched a community-based economic development accelerator program, the CBED AcceleratorTM.  CNHA-Technical Assistance Services administers the program designed to accelerate community-based economic development in Hawaii. The first five nonprofit organizations have been selected for the CBED AcceleratorTM, which will specifically assist organizations in the development ...
Read More Five Community-based Nonprofits Selected for New CBED Accelerator

Kapolei, HI—It is a common experience for nonprofits to struggle with maintaining staff or programming year after year depending on what grant funding is available or actually awarded. Knowing the value of the programs that these organizations run on behalf of their respective communities, DBEDT’s Community-Based Economic Development Accelerator is looking to mentor and support ...
Read More Community-Based Economic Development Accelerator Program Looking for State-wide Nonprofit Applicants

Hilo, Hawaii, May 22, 2015 – State Director Chris J. Kanazawa today announced that $30 million available to farmers, ranchers and food entrepreneurs to develop new product lines. Funding will be made available through USDA’s Value-Added Producer Grant (VAPG) program.   “The Value Added Producers Grant (VAPG) program not only enables farmers and ranchers with ...
Read More Value-Added Producer Grants Available for Ag Producers