NEWS RELEASE: HTDC Awards Innovation Grants to Strengthen Hawai’i’s Manufacturing and Tech Sectors

STATE OF HAWAIʻI

KA MOKU ʻĀINA O HAWAIʻI

JOSH GREEN, M.D.

GOVERNOR

KE KIAʻĀINA

DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM

KA ʻOIHANA HOʻOMOHALA PĀʻOIHANA, ʻIMI WAIWAI A HOʻOMĀKAʻIKAʻI

JAMES KUNANE TOKIOKA

DIRECTOR

KA LUNA HOʻOKELE

HAWAI'I TECHNOLOGY DEVELOPMENT CORPORATION

TRUNG LAM

EXECUTIVE DIRECTOR AND CEO

HTDC AWARDS INNOVATION GRANTS TO STRENGTHEN HAWAI'I'S MANUFACTURING AND TECH SECTORS

FOR IMMEDIATE RELEASE

June 19, 2026

HONOLULU - The Hawaiʻi Technology Development Corporation (HTDC) has awarded millions of dollars in grant funding across several key programs to support local businesses and accelerate statewide innovation. These allocations reinforce HTDC's commitment to cultivating a robust technology and business ecosystem in Hawaiʻi that nurtures economic resilience, fosters innovation and fuels long-term growth for local enterprises.

HTDC's Manufacturing Assistance Program (MAP), a signature initiative supporting the state's manufacturing sector, continued to demonstrate strong demand and measurable economic impact in FY26. The program received $1.7 million in funding requests and awarded $865,660 to 26 companies, including seven first-time MAP recipients, following a rigorous evaluation and tiered scoring process. These awards leveraged more than $10 million in qualified manufacturing investments statewide, underscoring the importance of continued MAP funding to sustain growth, modernize production capabilities and strengthen Hawaiʻi's manufacturing competitiveness.

FY26 MAP Award Recipients

• Big Island Booch Inc.
• COHI Inc. dba Coffees of Hawaii
• Cyanotech Corporation*
• Diamond Bakery Company Ltd.
• FCH Enterprises Inc.
• Galleon Chocolate Trade Company Inc.*
• Gtscientific LLC*
• Hawai'i 'Ulu Producers Cooperative
• Hawaii Candy Factory
• Hawaiian King Candies LLC
• Hawaiian Sun Products
• Kona Mountain Coffee LLC*
• Mahilani Partners LLC*
• Manulele Distillers LLC
• Min Plastics & Supply Inc.
• North Star Scientific Corporation
• Oceanit Laboratories Inc.
• Pacific Biodiesel Technologies LLC
• Pacific Shipyards International LLC
• Pawniolo Pets LLC
• Purdyco Ltd. dba Island Princess
• Rengo Packaging Inc.
• Service Printers Hawaii Inc.*
• The Art Source Inc.
• Waiākea Inc.

WaiHome LLC*

*First-time MAP awardees

The Hawaiʻi Small Business Innovation Research (HSBIR) matching grant program continued to generate strong economic impact in FY26, leveraging approximately $22 million in federal SBIR funding. HTDC received 23 qualified applications across Phases I, II and III and recommended 19 awards following a competitive, policy-driven review. Awards included 11 Phase I, seven Phase II and one Phase III project.

This year's proposed awards total $1,281,730 and support projects in ocean, space, health and energy technologies, while helping Hawaiʻi companies progress from research to commercialization. The HSBIR program is one of HTDC's most successful, historically returning more than 20 federal dollars for every state dollar invested. FY26 awards are projected to support 239 new jobs statewide, further strengthening Hawaiʻi's innovation economy.

"HTDC's support means a lot to us. This funding helps Second Wave Technologies continue building Tadata.ai here in Hawai'i and gives us room to keep moving the technology forward after our SBIR Phase I work," said Chad Kumabe, president of Second Wave Technologies. "It helps us stay focused on turning the research into a practical platform for trusted, evidence-based AI analysis while also preparing for the next stage of SBIR growth. We're really grateful for HTDC's support and for the work you all do to help Hawai'i companies compete in larger national markets."

FY26 SBIR Award Recipients

Phase I

• Black Sand Solutions LLC*
• Kauai Sea Farm*
• Makai Ocean Engineering Inc.
• Nāmaka Algae Inc.*
• Nalu Scientific LLC
• North Star Scientific Corporation
• Ocean Era Inc.
• PacMar Technologies LLC
• Prime Pacific Enterprises LLC dba Hawaiʻi Pacific Drone Solutions*
• Second Wave Technologies LLC*
• Waimea Coffee Farm LLC*

Phase II

• Cloudstone Innovations Inc.
• Makai Ocean Engineering Inc.
• MorphOptic Inc.
• Nalu Scientific LLC**
• Oceanit Laboratories Inc.
• PacMar Technologies LLC
• WaiHome LLC**

Phase III

• North Star Scientific Corporation

*First-time HSBIR companies

**Companies that previously received Phase I matching grants

HTDC continues its support for entrepreneurial development through the Accelerator and Small Business Training Program. In 2026, HTDC awarded $1 million to seven programs selected through a competitive evaluation process. The awardees will deliver comprehensive training, mentorship and support services to Hawaiʻi-based businesses. These initiatives play a critical role in strengthening Hawaiʻi's entrepreneurial ecosystem and helping local companies grow and succeed.

FY26 Accelerator and Small Business Training Program Award Recipients

• Blue Startups LLC
• Hawaii Ag & Culinary Alliance*
• Kealani Solutions LLC*
• Mana Up Labs LLC
• Maui Economic Development Board Inc.
• Pacific Impact Zone Solutions Inc.*
• Pacific International Center for High Technology Research

*First-time awardees

"Congratulations to the awardees of the MAP, SBIR and Accelerator grants," said Trung Lam, executive director and CEO of HTDC. "These programs continue to be powerful catalysts that help our companies innovate, expand and contribute to Hawai'i's economic resilience. "It is essential that we continue supporting these businesses so they can thrive, compete and build a stronger future for our state."

HTDC remains dedicated to elevating Hawaiʻi as a center of innovation and entrepreneurship. These grant investments help advance that vision by empowering local companies to grow and compete in the broader global economy.

For more information about HTDC and its programs, please visit www.htdc.org .

About the Hawai'i Technology Development Corporation (HTDC)

HTDC is a state agency attached to the Department of Business, Economic Development and Tourism (DBEDT) and is focused on promoting and developing Hawai'i's technology industry. With a mission to facilitate the growth of technology and innovation, HTDC plays a key role in connecting talent with opportunities in the state. For more information, please visit htdc.org .

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