Business Capitalization Account Project
Our Business Capitalization Account Project, also known as a Match Savings or Individual Development Account (IDA) Program, is for those who are looking to start a small business. Participants can save a minimum of $10 a month up to a total of $500 over the course of their time in the program. Participants will receive $4 for every $1 saved, up to a maximum of $2,000 matching funds to be used towards their small business plans.
Eligibility Requirements:
- Member of the Native Hawaiian Community
- Residency in Wai‘anae (96792)
- One or both spouses are employed
- Plans for a small business
BCA Requirements:
- Complete ALL Business Development workshop sessions.
- Complete any two (2) Financial Capabilities workshop sessions.
- Participate in a minimum of two (2) personalized coaching sessions for business or finance. However, one (1) must be a business session.
- Create a certified business plan.
- Register your business in Hawai‘i.
Required Eligibility Documents for the BCA:
- 2 most recent pay stubs
- Most current TANF/SNAP letter/statement (if applicable)
- Signed and dated most current filed income tax return
Apply to Ho‘oulu Waiwai: Business Development
To apply for Ho‘oulu Waiwai: Business Development, please contact or apply at the INPEACE office.