Mar 1, 2017 | Environment, Events, Small Business
Maui Economic Development Board, in collaboration with County of Maui Mayor’s Office of Economic Development, invites you to the first-ever Hawaii Small Business Conference. Small business owners, startups and entrepreneurs interested in taking their business to the next level and sharpen their professional acumen and skills are encouraged to attend.
Network with movers and shakers in the business community and hear from experts on Customer Service, Marketing, Data Security, Risk Management, Tax Strategies and Human Resources. May 3-4 at the Maui Arts & Cultural Center.
For more information, go to HawaiiSmall.biz.
Feb 22, 2017 | Environment, Events, Small Business
Experts from across the nation will explore new and innovative pathways to a vibrant and clean energy future.
Topics will include:
- How can we make our energy systems more resilient and sustainable?
- What types of rate structures and incentives will be necessary?
- What synergies across energy sectors are possible?
Join us March 22-24 for the fourth Maui Energy Conference and Exhibition and be a part of this important conversation!
Feb 1, 2017 | Events, Small Business
Maui Economic Development Board (MEDB) proudly presents TWO power-packed workshops for entrepreneurs. As part of MEDB’s Startup Weekend Maui Series, these must-attend sessions will help you jumpstart your new business or fine-tune your existing business.
Pinching Your Pennies: Finance for Entrepreneurs
Thurs., February 9, 2017 • 5PM – 8PM
Learn how to run your business more profitably and avoid mistakes that cause businesses to fail.
Business Model Canvas & Lean Startup Overview
Wed., February 15, 2017 • 5PM – 8PM
The business model canvas is an important tool that people can use to help bring clarity to the question, “How will my business succeed?”
Details and registration
WHERE: MEDB’s Malcolm Center
1305 N. Holopono St., Suite 5, Kihei
COST: $25 per person per workshop
Dinner provided. Reservations required, space is limited.
To register for these workshops, visit http://bit.ly/SUWMaui2017
Workshops sponsored by:
Maui County Mayor’s Office of Economic Development
Sultan Ventures
XLR8UH
Oct 26, 2016 | Events, Small Business
Pua Canto, past MNHCoC president, and current president Teri Freitas Gorman
“Navigating Our Future Through Business” was this year’s theme at the 10th Annual Maui Native Hawaiian Chamber of Commerce (MNHCoC) Business Fest. The MNHCoC created the Annual Business Fest in 2006 as a forum to highlight its mission “to promote and sustain Hawaiian values and culture, and enhance the socio-economic status of native Hawaiians in business and as individuals.” Featured speakers, as well as panels, with different business perspectives discussed the socio-economic status of Native Hawaiians in business and education.
“With the impending closure of HC&S, Maui’s economy is in between what it has been and what it will become,” said MNHCoC President Teri Freitas Gorman. “While tourism continues to drive our economy, we also acknowledge that our fragile island cannot survive unlimited growth. Nearly 30 percent of Maui’s residents have Native Hawaiian ancestry, so it’s important for the generations to work together toward a future that is in alignment with our cultural values.”
“Maui Economic Development Board (MEDB) is a proud supporter of the MNHCoC’s 10th Anniversary Hui Holomua Business Fest,” said Gerry Smith, MEDB Director of Business Development. “It is a fantastic opportunity to network with a wide variety of stakeholders in our business community, learn skills from successful local entrepreneurs and explore issues that are vital to our future economic prosperity.”
Besides sessions, Business Fest attendees visited the Exhibit area featuring displays by MNHCoC members who work in health and wellness, community and social services, food and beverage, as well as cultural practitioners, business consultants, designers, artists, and more.
As part of the MNHCoC’s commitment to the next generation of business leaders, 50 students from Kamehameha School Maui received scholarships to attend the event. “This was a great way for me and my peers to connect with the business world,” said Jasmine Koko Casey, Kamehameha Schools Maui 12th grader. I was inspired to see that our Hawaiian culture and values are an important part of Maui County’s future.”
To celebrate our 10th anniversary, MNHCoC honored its past presidents – Boyd Mossman, Howard Kihune, Jimmy Haynes, Chubby Vicens, Kai Pelayo and Doreen Pua Canto – during an extraordinary dawn protocol on Wailea Beach.
Teri Freitas Gorman, MNHCoC President
Oct 5, 2016 | Education, Small Business
Two workshops coming up this month will be invaluable to anyone thinking of starting a business on Lāna‘i: An evening “pitch bootcamp” next week, and a weekend workshop October 21-23. Both are free and include meals. Details and registration info below.
Maka Hou Lāna‘i
Maka Hou Lāna‘i Business Workshop: Starting a business from concept to creation
Make a fresh start by learning how to create a new business from the ground up in just one weekend. At Maka Hou Lāna‘i you will experience the spills and thrills, the disappointments and satisfactions of building a business from scratch. But you won’t be alone. Mentors, experienced entrepreneurs, investors, and other participants will be there to give you the confidence you need to power through this action-packed weekend.
PRIZE PACKAGE FOR THE WINNING PITCH!
October 21-23, 2016 at the Lāna‘i Senior Center. 5:00PM Friday-2:00PM Sunday. There is no charge for this workshop, but reservations are required. Meals are included!
Pitch Bootcamp Lāna‘i
Prepare. Warm up. Practice for Maka Hou Lāna‘i!
Learn to effectively promote yourself and your business idea to others comfortably and with confidence – anytime, anywhere. This Pitch Bootcamp is specifically designed to give you the knowledge and practice you need to craft and deliver your BIG IDEA in 60 seconds or less.
Wednesday, October 12, 2016 5:00PM-8:00PM at the Lāna‘i Senior Center. This workshop is FREE, but reservations are required. Dinner is included!
Register now
To register online, visit www.medb.org/MAKA-HOU-LANAI
For more information, contact Annette at info@hightechmaui.com or (808)270-6811.
Sep 14, 2016 | Education, Small Business
Lanai residents interested in learning about how to run their businesses more profitably attended a free workshop and dinner, Pinching Your Pennies: Finance for Small Businesses at the Lanai Senior Center. Presented by Maui Economic Development Board (MEDB) as part of their Innovation Series, this workshop offered attendees helpful tips on how to run their business more profitably and avoid mistakes that cause failure. Anyone who’s ever bootstrapped a business knows all about the art of doing more with less. The Pinching Your Pennies workshop gave participants a chance to recognize the importance of possible short- and long-term effects of their decisions. For example, “Will it save my business money without negatively impacting profits later on?”
The workshop speaker, Gerry Smith, Director of Business Development at MEDB, covered numerous topics concerning the break-even analysis. “We discussed how to determine the selling price of a product, why cash flow is so important, what fixed versus variable costs are, and the difference between wholesale and retail,” said Smith. “It’s good to be frugal,” he explained. “However, it was important to talk about what will directly affect customers or compromise the ability to operate efficiently, so that efforts don’t backfire. It’s all about looking at a business as a whole, and deciding which costs are absolutely worth it and which can be reduced in an efficient way that still benefits your business.”
“The workshop answered some essential questions for me,” said Lanai resident Cory Labang. “I learned the importance of knowing what money is coming in and what money is going out, and to know whether a profit is being made or not. I’m going to go home and make fixed-cost and variable-cost analyses for all my items.” Lanai resident Matthew Posadas’s career goal is to be a private chef. “The workshop energized and excited me,” Posada said. “I have taken business finance before, but this workshop helped me clearly understand some very important basic concepts. Thank you MEDB!”
This workshop was fulfilling. I’m so grateful to MEDB for bringing helpful business workshops to Lanai. I look forward to future meetings in their Innovation Series.
Matthew Posada, Lanai Resident
Aug 3, 2016 | Small Business
Maui Economic Development Board (MEDB) recently offered a free workshop, Hidden Gems: State Programs to Save Your Business Money. “This workshop focused on two important programs offered by the Hawaii State Department of Business, Economic Development and Tourism,” stated Frank De Rego Jr., Director of Business Development Projects. “They are real ‘hidden gems’ since many small businesses that qualify are not aware they can save money through the Enterprise Zone (EZ) Partnership Program or improve their export business through the Hawaii State Trade and Export Program (HiSTEP).”
Wayne Thom, Community Economic Development Manager in the Business Support Branch of the State of Hawaii’s Department of Business Economic Development & Tourism (DBEDT), shared information on the EZ program. EZ was established for the purpose of job creation and to stimulate certain kinds of business and industry that may be eligible to receive various state credits and benefits for up to seven years. “The EZ program lowers the cost of doing business in Hawaii,” said Thom. “It’s for both new businesses and those that are expanding, creating jobs and maybe looking to export. It costs nothing to join this program as long as you’re in an eligible industry and located in an enterprise zone, which applies to most of Maui County.”
Jamie Lum, Economic Development Specialist for DBEDT’s Business Development Support Division, presented information on the Hawaii State Trade and Export Promotion Assistance Program (HiSTEP-AP). Under this program, qualified companies could receive direct awards to participate in export marketing activities. Applicants may request a minimum of $2,000 and a maximum of $6,000 for various business activities such as trade shows, travel, collateral materials, compliance testing, shipping, and other expenses. “There is a lot to learn in exporting and this program can be a great benefit to participants,” said Lum.
“The Hidden Gems workshop offered insights on how to grow my software company with State incentives,” said Greg Murphy, managing partner of iMatics. MEDB continues to provide invaluable resources to help business owners in the community.”
We are grateful to MEDB for offering the Hidden Gems workshop as part of their Innovation Series. It helped business owners learn the fundamentals of success through State programs.
Wayne Thom, Community Economic Development Manager of the State of Hawaii’s DBEDT Business Support Branch
Jul 20, 2016 | Small Business
Maui Economic Development Board (MEDB) presented an Entrepreneurs’ Toolkit Bootcamp for Lanai residents on June 25th and 26th. The intense two-day workshop was part of the MEDB Innovation Series, a grassroots effort to help small businesses establish strong systems, processes, tools, and best practices to build a solid foundation for success. The free event provided attendees with helpful tips and resources to assist in launching their startups or boosting their existing businesses.
The workshop opened with keynote speaker Lanai Tabura. A Lanai native, Tabura is a well known entrepreneur, radio DJ, comedian, and actor. “Treating others with aloha is the way to cultivate relationships with everyone you meet,” Tabura said. “Adaptability and innovation are also a critical trait for an entrepreneur to possess. We adapt by our readiness to take every opportunity that comes to us, and the ability to innovate on the fly points to resourcefulness and creativity.” Lanai’s brother, Chef Adam Tabura, spoke to the group about his entrepreneurial journey and his newest business ventures. In 2013, the two brothers, teamed with Shaun Felipe, took first place on the Food Television Network’s “The Great Food Truck Race”. Additionally, Adam hosted a pau hana Saturday afternoon featuring some of his winning food truck creations.
During the two-day workshop, participants learned the basics of business startup creation using the Lean Startup method with the Lean Startup Canvas (LSC) – think of it as a roadmap. Omar Sultan, Luke Tucker, and Meli James of Sultan Ventures led the workshop. Attendees worked in teams to create a fictional startup or use an idea they created using the LSC, presenting their business plans for feedback. On the second day, the teams pitched their ideas before the workshop team, giving them valuable feedback to ensure the lessons they learned about the Lean Startup method were reinforced. “We were taught how to use the Lean Canvas, an actionable and entrepreneur-focused business plan, which gave us insight into whether we have a solid and effective venture,” said workshop participant Clay Richardson. Lanai resident Jina Lopez added, “This workshop helped me to understand aspects of business I formerly didn’t know how to use, such as creating a business plan. It’s given me a different viewpoint on how to be a leader and implement ideas.”
This event was amazing! The whole weekend gave people inspiration and resources that you pay for in college. My brother Adam and I hope to be a part of many more MEDB Entrepreneur Toolkit Workshops.
Lanai Tabura – Entrepreneur, radio DJ, comedian, actor, and 2013 winner of The Great Food Truck Race (reality television show)
Jul 13, 2016 | Education, Small Business
MEDB offers a powerful workshop to help you save money. Discover TWO State Department of Business, Economic Development and Tourism (DBEDT) programs that can benefit your business:
Enterprise Zones (EZ) Partnership Program
If your new or existing business is located in an Enterprise Zone (EZ), you may be eligible to receive various state tax credits and benefits for up to 7 years, including:
- 100% exemption from the General Excise Tax
- Up to 80% non-refundable state income tax credit
- Up to 80% tax credit for Unemployment Insurance premiums
Hawaii State Trade and Export Promotion Assistance Program (HiSTEP-AP)
Under HiSTEP-AP, your company could receive direct awards to participate in export marketing activities. Applicants may request a minimum of $2,000 and a maximum of $6,000 for various business activities including trade shows, travel, collateral materials, compliance testing, shipping, and other expenses.
Workhop Speakers
The workshop is free. Breakfast will be provided. Reservations are required, space is limited. It is part of the MEDB Innovation Series, Foundations for Business Success.
Thursday, July 14, 2016 • 9 am – 12 noon
MEDB’s Malcolm Center, 1305 N. Holopono Street, Suite 5, Kihei
