HAWAII TECHNOLOGY DEVELOPMENT VENTURE

1
HAWAII TECHNOLOGY DEVELOPMENT VENTURE
Harold Masumoto Project Director

2
START-UP

• 1 October, 2003 Appropriation
• Spring 2004 ONR BAA for Program Management
• 1 July, 2004
• Receipt of award by PICHTR from ONR
• Kickoff announcement by Senator Daniel K. Inouye
• 2

3
HAWAII TECHNOLOGY DEVELOPMENT VENTURE MISSION
To create a center to exploit the capabilities of
Hawaii-based small business firms in performing
high technology efforts related to current and
future U.S. Navy and Department of Defense
programs. The results of this effort shall be a
stronger technology base in Hawaii for meeting
U.S. Navy and Department of Defense technology
requirements. Agreement No N00014-04-2-0004
between ONR PICHTR Introduction and Purpose 3
4
HTDV THE PLAYERS

• Senator Daniel K. Inouye
• DOD/ONR ONR MIDPAC Office, Program Manager (Ted
  Sheppard)
• PICHTR Prime Contractor
• Private sector partners
• Battelle Memorial Institute
• Lockheed Martin ORINCON
• Enterprise Honolulu
• 4

5
HTDV ADDITIONAL AGREEMENTS

• Other private-sector assistance
• Research Corporation of the University of Hawaii
  (RCUH) for clients with UH involvement that may
  benefit from RCUH administrative services.
• Science Technology International (STI) for
  clients that may benefit from STIs incubator
  services.
• 5

6
HTDV EXECUTION IMPLEMENTATION

• 1 July 2004 RFP available to potential awardees
• 31 August 2004 5-page abstract due 118
  received
• 8 September 2004 1st review by Technical
  Subcommittee of the Advisory Board
• 17 September 2004 20 1st round applicants
  notified and full proposals requested
• 29 October 2004 final proposals due
• November December 2004 final review,
  clarification and resubmissions, additional
  documentation, etc.
• January April 2005 contracts awarded
• 6

7
HTDV EXECUTION IMPLEMENTATION

• Currently all projects underway
• Based on reviews, 2 project budget increases
  approved 1 large and 1 small with other
  requests under review
• Lockheed Martin ORINCON and Dr. Paul Yuen
  conducting periodic technical reviews PICHTR
  conducts financial reviews
• 7

8
HTDV ADVISORY BOARD
HTDV 11-MEMBER BOARD OF DIRECTORS Voting
members Eugene Bal, Maui High Performance
Computing Center Tom Cooper, General Dynamics
(Kauai) William Friedl, National Defense Center
of Excellence for Research in Ocean
Sciences Robert Kihune, Economic Development
Alliance of Hawaii Richard Lim, City Bank Ted
Liu, Department of Business, Economic Development
and Tourism Raymond Ono, First Hawaiian
Bank Vassilis Syrmos, University of Hawaii 8
9
HTDV ADVISORY BOARD

• NON-VOTING EX-OFFICIO MEMBERS
• Ted Sheppard, Office of Naval Research
• Harold Masumoto, HTDV
• Mike Fitzgerald, Enterprise Honolulu
• TECHNICAL SUBCOMMITTEE
• Eugene Bal
• Tom Cooper
• William Friedl
• Vassilis Syrmos
• 9

10
HTDV 20 FINALISTS

• 20 projects from 18 companies
• Total awards just under 4.5 million for projects
  ranging from 50,000 to 499,890
• University connections 3 projects involve UH
  faculty members teaming with mid-size local
  companies
• 10

11
HTDV 20 FINALISTS

• Stages of Development
• Early seed 7 projects
• Applied Computer Electronics Custom Design
• Baldridge Associates Structural Engineering
• Cellular Bioengineering Inc
• Hawaii Hydrogen Carriers LLC
• HawaiiWave High Speed Wireless Networks LLC
• Kuehnle AgroSystems Co LLC
• Peletex Inc
• 11

12
HTDV 20 FINALISTS

• Stages of Development
• Seed/follow on (academic) 4 projects
• Archinoetics LLC
• Pipeline Communications and Technology
• Referentia Systems Inc
• TREX Enterprises
• 12

13
HTDV 20 FINALISTS

• Stages of Development
• Seed/follow on (defense) 7 projects
• 21st Century Systems Inc
• Enviroguise Enterprises
• NanoPoint
• ITS-NovaSol (3)
• SEE/RESCUE Corporation
• Follow on/commercialization 2 projects
• Akimeka
• Oceantek Inc
• 13

14
HTDV OUTSTANDING ISSUES

• 2nd Year Implementation
• 2005 Focus Areas
• 3rd Year Funding
• Convergence of Objectives
• Government/DoD
• State/Economic Development
• Business/Entrepreneurs
• 14