Why Honolulu?
Over the past decade, Honolulu has made significant advancements in developing its private technology sector. Specific reasons why companies choose Honolulu are as diverse as the businesses in themselves. However, some of the most profusely declared reasons include:
Location Advantage – Honolulu’s strategic mid-pacific location allows shorter air travel distance to US mainland and Asia. This reason alone makes assembling meetings and conventions easier. The location advantage has also led to the attraction of global talent.
Time Zone Advantage – Honolulu’s central position between Time Zones allows communication with cities from Sydney and Tokyo to Los Angeles and New York during the same business day.
Cosmopolitan Society – Honolulu is home to a multicultural and multilingual population. The state of Hawaii is ranked 5th for having the maximum number of mixed race population, 5th for speaking a language other than English and 12th for percentage of population having a bachelor’s degree or higher. The state is also ranked 10th in US for workforce education.
Communication Hub – Honolulu is at the very hub of a phenomenal web of high-speed networks that connect the U.S. Mainland and Canada to Japan, China, Korea, Malaysia / Singapore and Australia / New Zealand. Honolulu is ranked the No.1 Digital City in the U.S.
Quality of Life – Honolulu offers an unsurpassed quality of life. Our business community considers its quality of life to be an excellent asset for attracting and retaining quality workforce and businesses. “Economic Intelligence” ranks Hawaii #1 for Favorable Climate, Good Housing, Low Crime Rate, Healthiest population and Abundant Recreational Activities.
Capital Availability – Businesses in Honolulu benefit from various federal, state, venture capital and angel funds.
Incentives – Honolulu offers businesses a comprehensive portfolio of competitive incentives. Apart from tax cuts, businesses benefit from Enterprise Zones, Foreign Trade Zones, Act 221 Investment Tax Credit and Workforce Training Funds.
Business & Technology Parks – Honolulu has world class business and technology parks to match your specific needs. Some of the leading facilities include Manoa Innovation Center, Mililani Technology, Kapolei Business Park, James Campbell Industrial Parks and Airport Industrial Park.
Technology Capacity – Honolulu is home to a wide range of institutions that are exploring the forefront of technology. Businesses in Honolulu can also make use of the supercomputer in Maui.
Convention Center – Hawaii is known as the ideal convention and conference center. Each year business, professional and governmental organizations take advantage of Honolulu’s excellent location to hold their most important events here.