GrantExec

Innovation Grants 2024-2025

$50,000
Closed
HI
Grant Description

The County of Kaua’i’s Office of Economic Development (OED) is offering an Innovation Grant for Fiscal Year 2024-2025. This grant aims to support innovative community projects that address and resolve local challenges, thereby stimulating both short-term and long-term economic growth and diversification in Kaua’i. The program seeks to deploy innovation across various sectors on the island, aligning with OED's mission to foster economic resilience and development within the community. The target beneficiaries for this grant include not-for-profit organizations incorporated in Hawaii and exempt from federal income tax, as well as Kaua’i-based businesses with a non-profit fiscal sponsor. The overarching impact goals are to identify and solve known deficiencies, problems, or needs within the Kaua’i community by deploying innovative projects that have demonstrated success in other contexts. This approach seeks to drive sustainable economic progress and improve the quality of life for residents. The program prioritizes projects that advance innovation in areas such as small business, technology, transportation, agriculture, local manufacturing, creative industries, workforce development, circular economies, tourism destination management, and product development. Proposals are expected to articulate a clear problem and an innovative solution. OED's strategic priority is to invest in initiatives that not only generate economic growth but also promote diversification and build a more resilient local economy. The theory of change suggests that by funding proven innovative solutions, Kaua’i can effectively address its challenges and create new opportunities. The OED intends to award grants ranging from $5,000 to $50,000 for different initiatives, with a total funding allocation not exceeding $460,000. The project funding period is set from November 1, 2024, to October 31, 2025. Expected outcomes include the successful implementation of innovative programs or projects that demonstrably advance the specified program areas, leading to tangible economic benefits and community improvements. Measurable results will likely be tied to the specific objectives outlined in each funded project, contributing to the overall goals of economic growth and diversification in Kaua’i.

Funding Details

Award Range

$5,000 - $50,000

Total Program Funding

$460,000

Number of Awards

Not specified

Matching Requirement

Yes - There is a match requirement of 10% each for cash and in-kind (Total 20% match) for funds awarded under this program.

Eligibility

Eligible Applicants

For profit organizations other than small businesses
Nonprofits
Small businesses

Additional Requirements

Be or have a sponsor that is a not-for-profit organization incorporated under the laws of the State of Hawaii and exempt from the federal income tax by the Internal Revenue Service and based on Kaua’i. Non-profit organization governing board members shall have served without compensation and have no material conflict of interest. • Be a Hawaii based business with a Kaua’i non-profit fiscal sponsor and a project that is based 100% on Kaua’i.

Geographic Eligibility

Kauai County (HI)

Key Dates

Application Opens

August 7, 2024

Application Closes

September 3, 2024

Contact Information

Grantor

Therilynn Martin-Haumea

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Business and Commerce
Law Justice and Legal Services
Science and Technology
Transportation
Agriculture