ED/I  High Technology Development Corporation


     Office Locations:

Manoa Innovation Center
2800 Woodlawn Drive, Suite 100
Honolulu, HI 96822
Phone: 808-539-3806
Fax: 808-539-3795



  • Seed



  • Information Technology
  • Life Sciences & Healthcare



    High Technology Development Corporation is a state agency established by the Hawaii State Legislature in 1983 to facilitate the development and growth of Hawaii's commercial high technology industry. The State views high technology as an important driver in the diversification of Hawaii's economy and one that provides quality, high-paying jobs for Hawaii residents. HTDC provides an array of client services, facilities, and equipment for new and early stage technology companies. Services include: business and technology workshops; business reviews by trained management consultants; online tech & business resources; and subscription to electronic newsletters. Among many initiatives, the Corporation's Maui Research & Technology Center (MRTC) is a technology center and business incubator strategically located in Kihei, Maui, within the 415-acre Maui Research & Technology Park. Dedicated to supporting technology-oriented businesses, MRTC brings together a diversity of enterprises from industry niches as varied as astronomy and biotechnology. MRTC is home to startups, technology companies phasing in Maui operations, and compelling federal technology projects.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Edward Russell Project Manager
    Erin Furuichi Program Coordinator
    Len Higashi Senior Economic Development Manager
    Mark Ausbeck Senior Project Manager
    Sandi Kanemori Economic Development Specialist


    Portfolio companies include:

      3D Innovations
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      Adama Materials
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      ATCO Software
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      H2 Technologies
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      Imua Design Group
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      Labels That Talk
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      Oceanit Laboratories
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      Pacific Pro Tech
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      Smart House Control
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    Recent News: