Department of Business, Economic Development & Tourism
Hawaii Strategic Development Corporation
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The Hawaii Strategic Development Corporation (HSDC) is a public venture capital entity that invests in Hawaii-based companies with high growth potential, particularly in technology, life sciences, and other innovation sectors. It manages state-funded venture capital programs and co-invests alongside private investors to support startups that might not otherwise have access to capital in Hawaii's small investor market. HSDC aims to create high-wage jobs and diversify the state's economy.
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Hawaii entrepreneurs and startups seeking venture capital or seed funding may be able to access HSDC investment programs. The corporation's portfolio decisions shape which emerging industries and companies receive state backing in Hawaii.