Big Island Aquaculture Gets Boost With Big Grant…A federal grant will give a successful program four more years to grow.
KAILUA-KONA, Hawaii — The Natural Energy Lab of Hawaii in Kailua-Kona has been awarded a $1.8 million grant to continue a fruitful aquaculture accelerator program aimed at supporting business retention and growth initiatives at a sustainable technology park.
The Economic Development Administration grant, announced last week, will be matched with $459,658 in local investment and is expected to create 250 jobs and spur $40 million in private investment.
The money is earmarked to build on a pilot accelerator program launched three years ago that has already proven successful.
