Media Advisory: Local Companies with Innovative Products to be Featured at HSBIR ExhibitPosted on Feb 5, 2018 in News
Hawaii Technology Development Corporation
Media Advisory: February 5, 2018
The Hawaii Innovation Products Exhibition, sponsored by the Hawaii Technology Development Corporation (HTDC), will feature local companies that are creating innovative science- and technology-based products. The Hawaii Small Business Innovation Research program provides matching grants to enable companies further the development of new products to meet a range of needs in the state, from healthcare solutions to agriculture.
Hawaii Innovation Products Exhibition
Friday, Feb. 9
10:30 a.m. – 2 p.m.
Hawaii State Capitol
Companies that have benefited from the HSBIR program include Hawaii Biotech, Inc., which used genetically engineered virus proteins to induce immunity to West Nile virus and Dengue virus in clinical trials and has produced vaccines for each virus, which are now on the market. Small Kine Farms developed mushroom cultivation materials, enabling Agaricus mushrooms to be grown in Hawaii for the first time and sold as Keith (Crimini) Mushrooms and Tutu Portabella Mushrooms. Prior to this development, Agaricus mushrooms, which are highly perishable, were high-risk imports. Since 2008, Spectrum Photonics has been awarded more than 20 SBIR grants and sponsored awards, which have allowed them to develop underwater chemical sensing and custom hyperspectral imaging for terrestrial, aerial, and underwater detection operations.
The exhibit will also include innovative local companies like 3D Innovations, 3SRM, Akabotics, Algorithm Hub, Cardax, Inc., Diagenetix, Experiad, Forever Oceans, HNU Photonics, IBIS, Jun Innovations, Kampachi Farms, LLC, Kinection, Kuehnle, Makai Ocean Engineering, Nalu Scientific, Navatek, Oceanit, Pacific Biodiesel, Premier Solutions, Small Kine Farms, Tea Hawaii, Tissue Genesis, and Terasys Technologies.
Applicants must have received federal SBIR grants or contracts to qualify for the state matching grant program. The HSBIR programs provides up to a 50 percent match for companies receiving SBIR awards. Companies may also apply for reimbursement for grant writing costs for their initial grant application.
In 1988, the Hawaii Technology Development Corporation began providing matching grant funds to Hawaii companies who received Federal Small Business Innovation Research Grants. These companies are recognized for advancing technology to solve critical challenges for the nation. The Hawaii SBIR matching grant program is the longest state funded SBIR matching program in the United States.
About HTDC (Hawaii Technology Development Corporation)
HTDC is a state agency, attached to the state Department of Business, Economic Development and Tourism (DBEDT). HTDC’s mission is to facilitate the development and growth of Hawaii’s high technology industry. HTDC is providing capital, building infrastructure and developing talent to foster innovation and diversify Hawaii’s economy. HTDC’s 80/80 Initiative is to create 80,000 new tech and innovation jobs that will provide high paying jobs for Hawaii residents.
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