Small Business Grant Program

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Doing Right by Your Business

We’re launching our first ever Small Business Grant Program in which up to two Hawaii small businesses have the opportunity to walk away with up to $5,000 in free funding.

Applications are being accepted now through August 30, 2019.


Eligibility and Requirements

Applicant Entity Must:
•  Be a for-profit business in good standing status with the DCCA or be a sole proprietor age 18 or older

•  Have been in business in the State of Hawaii for at least one year

•  Be a Hawaii State FCU member in good standing for at least one year (applicant or its majority owner)


Applicant’s annual gross revenues must not have exceeded $1,000,000.


Applicant must not have received a previous small business grant from Hawaii State FCU.


Grant proceeds must be used for business growth or expansion in the State of Hawaii.


Grant proceeds must not be used for debt consolidation, consumer-related purposes or to fund previous losses.


Ineligible Businesses

These Entities are Not Eligible to Apply:

•  Money service operation-related businesses

•  Financial services-related businesses

•  Marijuana or CBD product-related businesses

•  Passive income or real estate investment-related businesses


Apply Today for Our Small Business Grant!

Frequently Asked Questions

Applications must be received by close of business on August 30, 2019.

Yes, the business applicant or its majority owner must have been a member in good standing for at least one year.

Yes, the grant money can only be used toward that business’ growth or expansion plans.

Winners will be notified by October 30, 2019.

Applications can be downloaded from our website and returned via email, mailed OR dropped off at any branch.

Mail:
Hawaii State FCU
560 Halekauwila Street
Honolulu, HI 96813
Attn: Todd Nohara

OR please email to:  [email protected]

You can email [email protected] for any additional questions regarding this small business grant.

Disclosures

The award of a grant is subject to restrictions to which the recipient must agree. Applicant must submit latest income tax returns upon request. An award does not constitute an endorsement by the Credit Union and the recipient is prohibited from using the Credit Union’s name without written permission. The recipient is responsible for all applicable state, federal and other taxes. The recipient agrees the Credit Union may use the recipient’s name and photograph for promotional purposes without compensation.

Recipients and their owners may not be employees, volunteers or officials of Hawaii State FCU, nor immediate family or household members of such persons. Recipients and their owners may not be on the Specially Designated Nationals and Blocked Persons list of the federal Office of Foreign Assets Control (OFAC).

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