Dashboard to track Hawaii innovation launched

Hawaii’s progress in fostering and capitalizing on innovation can now be tracked on a new interactive dashboard launched today. The “Hawaii Innovation Matters” dashboard was created through a partnership between UHERO and local coding bootcamp DevLeague, with support from the Hawaii Business Roundtable. UHERO said that innovation is the key to economic growth and prosperity, accounting for roughy half of the increase observed in U.S. gross domestic product. As a result, “it is important to be able to track our progress over time and to see how Hawaii stacks up against other states and localities.” [...]

Feds Asked to Boost Hawaii Macadamia Nut Exports

Congresswoman Tulsi Gabbard today sent a letter to the U.S. Department of Agriculture Foreign Agriculture Services (FAS) calling on the agency to provide greater visibility to Hawaii macadamia nuts on its export list to foreign markets. Hawaii farmers in the macadamia nut industry generated more than $36 million in revenue in 2013. Growth in this industry would expand business and employment opportunities in rural Hawaii communities. Industry leaders like Troy Keolanui, John Cross, and Richard Schnitzler applauded Congresswoman Gabbard’s efforts to encourage FAS to prioritize macadamia nut exports. “Promoting Hawaiian Macadamia nuts to foreign markets is a big boost to our industry, and we are grateful to Congresswoman Gabbard for again taking the lead to represent the farmers of Hawaii,” said Troy Keolanui, co-owner of the Hilo-based OK Farms. [...]

Energy Excelerator announces latest cohort

The Energy Excelerator selected 17 startups from a pool of high quality applicants to transform Hawaii’s energy system. Fifty percent of the new portfolio startups has principal team members with previous exits. “We are excited to work with a new cohort of startups with a ton of experience in running successful companies,” says Dawn Lippert, Director of the Energy Excelerator. “These are really smart people that have vetted technologies and are eager to partner with our local businesses to help solve some of our most difficult energy challenges.” The Energy Excelerator’s goal is to strategically address Hawaii’s energy challenges across many different sectors. The 2015 cohort consists of startups with innovative solutions for the State’s energy, transportation, water, and agriculture industries. [...]

Microbes touted as key to future agriculture

A local technology commercialization company is working with two mainland biotechnology firms to encourage the adoption of microbial treatments to boost agricultural productivity while reducing water consumption as well as cutting the use of fertilizers and pesticides. “Everything we’ve been taught about farming is incorrect,” declares Vincent Kimura, president of Inovi Green. “Historical and current agricultural processes of crop fertilization and soil tilling are falling out of favor, damaging ecosystems and producing diminishing returns. Environmentally-friendly microbial treatments have evolved to do this work far more effectively.” [...]

Polynesian Cultural Center marks 50th year

Polynesian Cultural Center (PCC) opened and began a new venture highlighting the peoples and cultures of Polynesia through entertainment, arts, education, and personal interaction. It was October 14, 1963, when the PCC welcomed its first guests. Today, more than 37 million guests later, the PCC continues to thrive on Oahu’s North Shore as the only cultural tourist attraction of its kind in the world. [...]

Hawaii ‘Energy Excelerator’ gets $30M from Navy

The Navy’s Office of Naval Research, under the Asia Pacific Technology Education Program, announced today that it will invest $30 million dollars in the Hawaii-based Energy Excelerator. The new Navy commitment triples the funding that the program operated with over the past three years, showing that they recognize the value of Hawaii as an ideal place for new energy innovation. The Energy Excelerator funds seed-stage and growth-stage startups with compelling energy solutions and immediate application in Hawaii. [...]

Entrepreneur, Deal of the Year awards announced

The Hawaii Venture Capital Association awarded its 2012 HVCA Deal of the Year to Darren Kimura, CEO of Sopogy, maker of concentrated thermal solar collectors. In addition five local entrepreneurs were acknowledged in various categories with the HVCA Entrepreneur of the Year award. The Young Entrepreneur award went to Scott Mercer of Volta Industries, makers of advertising driven free electric vehicle charging stations. Dan Leuck, co-founder of CONTIX and CEO and founder of Ikayzo won the Software Entrepreneur award. Ken Berkun, founder of Labels That Talk won the Inventor Entrepreneur award for his patented invention, Soundpaper. Winner of the Socially Responsible Entrepreneur of the Year award is Elyse Petersen, founder of Tealet, a social enterprise that connects tea drinkers with small tea growers around the world. David Watumull, co-founder of CARDAX Pharmaceuticals and former CEO of Hawaii Biotech was acknowledged for his many years of devoted entrepreneurship in biotech as the 2012 Legacy Entrepreneur. “These entrepreneurs are local heroes and role models. They have worked long hard days, made personal sacrifices and taken extreme risks that prove there are people in Hawaii that have what it takes to build great companies,” said Bill Spencer, President of the Hawaii Venture Capital Association. [...]