On July 26, the Hawaii Strategic Development Corporation (HSDC) will hold an information meeting on Oahu, to inform the public about its new venture capital fund and to seek input on implementation.
In May, the Governor announced the allocation of $13 million by the U.S. Department of Treasury’s State Small Business Credit Initiative (SSBC) to invest in Hawaii businesses through the HSDC’s venture capital Fund of Funds Investment program.
“The program provides a powerful incentive for new private lending to small businesses, which will help spur additional job creation and economic growth throughout Hawai’i,” said U.S. Treasurer Rosie Rios, in a written statement released earlier from the governor’s office.
To read the full, original article click on this link: State’s New $13M Venture Capital Program Seeks Candidates | Maui Now
Author: Sonia Isotov
