Hoku Scientific (2003)

Kapolei, HI


Share on facebook
Share on twitter
Share on linkedin

NMTC Amount: $250,000

Est. Total Project Cost: $21,250,000


In December 2003, the Fund invested $250,000 in Hoku Scientific Inc. as part of an approximately $5 million round of equity financing. Located in a low-income area of Honolulu, Hawaii, Hoku is a developer of fuel cell membrane technology, primarily for use in Proton Exchange Membrane fuel cells. The company has grown from a dozen or so employees at the time of investment to approximately three dozen today; almost all of these jobs are well-paid professional positions.

Project Map

Other Manufacturing Projects

Altamont, TN (2016)

The Appalachian Fund for Growth provided NMTC financing to support All American Enterprises, a millwork manufacturer in Altmont, TN. The company does custom millwork,…

Great Bend, KS (2017)

River Gorge Capital used NMTC financing to provide working capital and to purchase inventory to facilitate growth of Heartland Ag’s operations at a new…