Two long-time Big Island businessmen are aiming to give would-be entrepreneurs a serious jump start.
World-renowned aquaculture expert Dr. Jim Wyban and Kelly Moran, President/Founder of Hilo Brokers, are co-chairing the upcoming “Best Big Island Business Plan” competition, to be hosted by the University of Hawaii at Hilo in the fall of 2016.
At stake is a total of $25,000 in seed money from a variety of sponsors including the Natural Energy Lab, the Hawaii Island Chamber of Commerce and the Ulupono Initiative.. Entry is open to any and all types of businesses, from Astronomy and Agriculture to Technology and Tourism.
“As long as it’s Big Island-based, it qualifies,” explains Moran, adding, “there’s so much talent out there, and this is a great opportunity to fast-forward someone’s killer concept.”
But the purpose of the competition goes beyond jump-starting a lone entrepreneur or co-op. Both men are confident that by encouraging budding businesses to put their ideas forward, a better entrepreneurial ecosystem can be built on the Big Island.
“Good ideas can’t thrive in isolation,” describes Dr. Wyban, adding, “it takes peers, mentors and even competitors to push a venture to its full potential.”
Dr. Wyban speaks from experience. An aquaculture pioneer, he helped to develop pathogen-free shrimp varieties that helped to quadruple global production before selling his technology to a multinational corporation.
Moran is a 30-year real estate veteran, who has overseen more than $500 million worth of transactions in his career.
Plan entries are being accepted now. Competition proceedings will be held at the University of Hawaii at Hilo in the Fall 2016 semester, exact date and time to be announced.
For more information on the competition and to download entry forms, visit the Best Big Island Business Plan’s website at www.BBIBP.org.
Questions can be directed to Dr. Wyban by emailing jim@BBIBP.org.