ThriveHI — a Hawaii-based tech and entrepreneurship advocacy organization — recently announced it has received a $300,000 federal grant from the U.S. Economic Development Administration.
The funding will allow ThriveHI to facilitate statewide collaboration amongst nonprofits, businesses, and more that are committed to developing Hawaii's tech and entrepreneurship sectors. ThriveHI additionally plans to commission a study to identify promising technology niches for Hawaii to pursue, according to the announcement.
“By implementing this strategy, we aim to leverage the collective efforts of various actors in Hawaii's tech and entrepreneurship ecosystems, overcome the challenges posed by our geographical location, and pave the way for a robust, resilient, and diversified economy,” ThriveHI Strategy Director Sonia Romero said in a statement.
ThriveHI is one of 60 recipients nationally selected by EDA for its Build to Scale program, which totaled $53 million this year and aims to “accelerate technology entrepreneurship by increasing inclusive access to entrepreneurial assistance and startup capital,” as noted by U.S. Secretary of Commerce Gina Raimondo.
The grant was obtained with the help of Kaneohe-based charity Pacific American Foundation, according to the announcement.
