Main Local Economy Information in Hawaii
Hawaii's economy is predominantly driven by tourism, with significant contributions from agriculture and military defense. The state also invests in renewable energy and technology sectors.
Your Hawaii and Local Small Business Funding Guide
Hawaii offers various incentives including tax credits for renewable energy companies, grants for tourism-related businesses, and support for agricultural enterprises.
Small Businesses in Hawaii
Small businesses in Hawaii benefit from the robust tourism industry and the state’s focus on sustainable practices. There are opportunities for businesses related to hospitality, retail, and eco-friendly products.
Documents Needed to Get a Small Business Loan in Hawaii
- Detailed business plan focusing on sustainability and innovation
- Financial statements such as profit and loss accounts, balance sheets, and cash flow projections
- Business and personal tax returns
- Proof of business registration in Hawaii
- Credit reports for both business and personal
Hawaii Department of Commerce: Key Functions and Contact Information
Website URL: Hawaii Department of Business, Economic Development & Tourism
Phone: [808-586-2355]
Address: No. 1 Capitol District Building, 250 South Hotel Street, Honolulu, HI 96813
Local Resources in Hawaii
The Hawaii Small Business Development Center (SBDC) provides training, consulting, and research services to help small businesses succeed.
How to be Successful with Business Funding in Hawaii
Engage with local development programs that promote tourism and sustainability. Networking with local business leaders and tapping into state-specific grants can enhance funding prospects.
SBA Resources in Hawaii
The SBA offers loan programs, counseling, and training tailored to the unique economic landscape of Hawaii, focusing on tourism, agriculture, and renewable energy sectors.