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New program will support entrepreneurship, investment

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The Hawaii Strategic Development Corp. board of directors today approved a program that will support networking opportunities for local entrepreneurs and investors.

The newly created HI Growth CAN program is a part of the HI Growth Initiative, a $6 million investment strategy proposed as part of the Abercrombie Administration’s 2013 legislative package and signed into law on July 9.

“The HI Growth CAN program supports Hawaii’s ecosystem by exposing entrepreneurs to potential customers, partners and investors on a regular basis,” said H. Brian Moore, HSDC chairman.

“These activities will increase the pipeline of companies that apply for funding from our investment programs,” he said.

The program will be administered by the High Tech Development Corp. The type of events that the CAN program is designed to support include: investor pitch competitions, entrepreneur scouting, startup events, and venture capital summits.

Go to www.hsdc.hawaii.gov for more information.

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