Three Hawai‘i Island Tech Companies Receive HSBIR Funding
Three Hawai‘i Island companies are among a group of Hawai‘i-based technology companies to receive $1,417,050 in awards from the Hawai‘i Technology Development Corporation (HTDC).
Tridentis AMV, Kampachi Farms and Forever Oceans were each selected to receive funding through HTDC’s Hawai‘i Small Business Innovation Research (HSBIR) grant program. The companies will use the awards to continue developing new products that meet a variety of needs in the state.
Other statewide projects funded through the HSBIR include: an underwater robot to install cables autonomously, commercialized supercooling technology for sub-zero non-freezing preservation of fresh foods, a therapy management system for model-based behavioral interventions, aircraft structural analysis and anomaly detection, among others.
The projects are designed to help organizations like the U.S. Navy, USDA, National Oceanic and Atmospheric Administration, National Institutes of Health, U.S. Environmental Protection Agency, and others. The following Hawai‘i companies have received HSBIR awards from HTDC:
- Phase I Matching Grant Awardees:
- Math Nimbus/Algorithm Hub
- Nalu Scientific
- Forever Oceans
- Hawai‘i Fish
- Oceanit Laboratories
- HNU Photonics
- Tridentis AMV
- Phase II & III Matching Grant Awardees:
- Kampachi Farms
- Jun Innovations
- Makai Ocean Engineering
HSBIR grant programs provide matching grants up to 50 percent to help companies bring their technology-based products from the concept phase to the market. According to HTDC, the selected companies are creating some of the best technology solutions in the nation.
The grant program brings in some 20 federal dollars for every $1 invested by the state, which stimulates high-paying jobs in science, technology, engineering and math (STEM) while cultivating a sustainable technology industry in Hawai‘i.
Launched in 1988, the Hawai‘i SBIR matching grant program is the longest state funded SBIR matching program in the United States. Awardees are recognized for advancing critical technologies that solve nationwide problems.