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  • Kapolei,
  • HI
  • (2003)
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Hoku Scientific

District: Jill Tokuda (D-HI02)

In December 2003, the Fund invested $250,000 in Hoku Scientific Inc. as part of an approximately $5M round of equity financing.

Investment

  • NMTC Amount: $250,000
  • Total Project Cost: $21,250,000

IMPACT

  • 2 FTE jobs

CDEs

Investor

Project Description

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.

External Profile

MAP

Address: 1075 Opakapaka Street, Kapolei, HI 96707

Census Tract: 15003008502

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PDF Profile

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