HEI/Hawaiian Electric donates $30,000
The HEI Charitable Foundation and the Hawaiian Electric Companies (HEI/Hawaiian Electric) have donated $30,000 to become the title sponsor of the 2016 UH Business Plan Competition (BPC) organized by the Pacific Asian Center for Entrepreneurship (PACE) at the UH Mānoa Shidler College of Business. The annual team competition provides budding entrepreneurs with the tools and skills to launch a successful business venture.
The 2016 BPC will run all spring semester and culminate on April 26 where teams will present to a panel of judges. There will be cash prizes totaling $17,500 and in-kind professional services valued over $20,000. Prize packages will be supplemented with services from PACE, including introductions to mentors and advisors, invitations to investment group meetings, and incubation space. As part of the sponsorship, HEI Charitable Foundation and the Hawaiian Electric Companies will present the 1st place prize.
HEI and its subsidiaries have a cumulative giving history of over $2.5 million in donations to the UH Foundation for the benefit of the University of Hawaiʻi, with Hawaiian Electric alone contributing more than $1.5 million of that amount.
Those wishing to learn more or contribute to PACE are invited to contact Unyong Nakata, senior director of development, at [email protected] or (808) 286-0702.
Donor recognition naming opportunities are still available. For more information on this gift, please contact A.J. Halagao, executive vice president, HEI Charitable Foundation, at [email protected] or (808) 543-5889.