Through OED grants and CPEP awards, Maui non-profits are provided assistance in developing business strategies, operational plans, marketing, access to information to evaluate program impacts, and resources for leveraging outside support. In addition, OED funds help to promote Maui's destination and cultural assets to the visitor while furthering economic development.
The office promotes a desirable quality of life through projects that enhance our environment and enrich the lives and skills of our residents. Our long term goal is to support the diversification of our economy by attracting new businesses, creating good paying jobs for Maui residents, encouraging more Maui grown entrepreneurs, and strengthening our niche markets.
The Office of Economic Development administers funds through two programs. Each has its own criteria and requirements. To learn more about the application process please click on the following links:
New Program - Small Business Revitalization
The Mayor’s Office of Economic Development (OED) has unveiled a new
grant assistance program designed for small businesses in the rural
communities of Hana, Molokai, and Lanai. The program called “Small
Business Revitalization” is designed to assist small businesses with
less than 10 employees who do business in these rural communities. OED
has chosen Lokahi Pacific to manage the grant program.
The grants may be used for new equipment, renovation, websites,
marketing materials or other purposes that will help the businesses
grow, prosper and create jobs. Hana and Molokai have been identified as
the areas hardest hit in their ability to recover from the economic
downturn of the past few years. Businesses on Lanai now have a new set
of opportunities with the island being under new ownership, but may not
have the much needed cash to ramp up their businesses. The grant
program is a 40/60 match grant. For those applicants accepted, for
every $40. they contribute, the grant will match it with $60.00. The
grant awards will range from $500.00 to $5000.00. Non-profit entities
will not be eligible for this program.