CONTRACTRECOMMENDED

HTDC Recommends $500,000 Defense Venture Fund Commitment

Hawaii Technology Development Corporation | State of Hawaii
Disclosed value
$500,000 capital commitment to the proposed $1,500,000 fund
From report
Document date
Sep 4, 2025

The 30-second brief

What it covers

HTDC recommended a $500,000 capital commitment to Hawaii Defense Venture Fund I, LLC, a proposed $1.5 million fund managed by Pacific Impact Zone Solutions. The fund will invest in post-revenue Hawaii-based dual-use and defense technology companies and has a five-year investment period with a 10-year life.

Who holds it

Hawaii Defense Venture Fund I LLC holds this financial services contract with Hawaii Technology Development Corporation | State of Hawaii.

What happens next

Term as filed: 5-year investment period; 10-year total fund life, extendable by two consecutive 1-year periods.

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Contract details

Contract type
Financial Services
Amount
$500,000 capital commitment to the proposed $1,500,000 fund
Document date
September 4, 2025
Term
5-year investment period; 10-year total fund life, extendable by two consecutive 1-year periods
Source document
Hawaii Technology Development Corporation Report Evaluation Committee Report OMVC Hawaii Fund I, LLC 2025-09-04 (Report)

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Questions about this contract

Who was awarded the financial services contract by Hawaii Technology Development Corporation | State of Hawaii?

Hawaii Defense Venture Fund I LLC was awarded this financial services contract by Hawaii Technology Development Corporation | State of Hawaii, as recorded on September 4, 2025. The contract value is $500,000 capital commitment to the proposed $1,500,000 fund.

How much is the Hawaii Defense Venture Fund I LLC contract with Hawaii Technology Development Corporation | State of Hawaii worth?

The Hawaii Defense Venture Fund I LLC contract with Hawaii Technology Development Corporation | State of Hawaii is valued at $500,000 capital commitment to the proposed $1,500,000 fund, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Hawaii Technology Development Corporation Report Evaluation Committee Report OMVC Hawaii Fund I, LLC 2025-09-04 (Report), dated September 4, 2025 from Hawaii Technology Development Corporation | State of Hawaii. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hawaii Defense Venture Fund I LLC hold?

Hawaii Defense Venture Fund I LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Hawaii Technology Development Corporation | State of Hawaii currently buying?

Explore Hawaii Technology Development Corporation | State of Hawaii's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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