XLR8UH, the multi-phase education and investment program designed to help grow University of Hawaiʻi entrepreneurs and startups, has selected four companies for the program’s sixth cohort. More than 100 companies applied across multiple UH campuses.
XLR8UH is a public-private partnership between the University of Hawaiʻi and Sultan Ventures, a venture firm that supports visionary founders in building successful, long-lasting businesses by guiding them at every stage of their journey.
The four companies in XLR8UH’s sixth cohort are working on developing sensor technology, collaborative meeting environments and gift-wrap for digital items.
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XLR8UH was named one of only 20 national winners of the U.S. Small Business Association’s (SBA) Growth Accelerator Fund competition. This marks the third year in a row that XLR8UH has won the competition, which includes a $50,000 cash award. XLR8UH was the only winner from Hawaiʻi in this year’s SBA’s Growth Accelerator Fund competition, which is designed to draw attention and funding to parts of the country with gaps in the entrepreneurial ecosystem. Winners were selected by experts in entrepreneurship, investing and business plans
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