Tourism Resilience Training Impact in Hawaii's Economy
GrantID: 21699
Grant Funding Amount Low: $250
Deadline: Ongoing
Grant Amount High: $5,000
Summary
Grant Overview
Target Outcomes for Hawaii
Hawaii's unique economy is heavily reliant on tourism, which has faced significant challenges due to global events and local fluctuations. The outcomes targeted by this funding initiative focus on enhancing the resilience of small businesses within the tourism sector. By training local entrepreneurs to diversify their revenue streams and adapt customer engagement strategies, the program aims to ensure long-term stability for businesses that play a critical role in Hawaii's economy. Success will be measured not only through recovery rates post-economic downturns but also through participant satisfaction with the training received.
Why These Outcomes Matter in Hawaii
The importance of these outcomes cannot be overstated in a state where tourism accounts for approximately 20% of the GDP and supports a significant portion of the workforce. As economic shocks threaten this sector, local businesses must adapt to survive. The need for diversification is particularly acute; local entrepreneurs, often small family-owned businesses, require specialized training tailored to the unique challenges of Hawaii's market. Enhancing business resilience contributes to community stability, safeguarding jobs and local culture against the backdrop of global economic changes.
Implementation Approach in Hawaii
Implementation will involve a combination of workshops led by experts in tourism and small business management, as well as mentorship programs connecting local entrepreneurs with experienced business leaders. These training sessions will focus on practical strategies, such as online marketing and product development, that are specific to Hawaii's tourism landscape. By leveraging local knowledge and resources, the initiative aims to create a sustainable framework for supporting small businesses in navigating economic challenges specific to the islands.
Unique Program Features for Hawaii
Unlike tourism initiatives in the mainland United States, Hawaii's program recognizes the distinct challenges faced by businesses in a geographically isolated environment. The program's focus on resilience training is tailored to the islands’ unique culture, economy, and community needs, setting it apart from similar programs in neighboring regions. This localized approach ensures that the support provided will resonate with Hawaii's small business owners and foster a deeper connection to Hawaii's rich entrepreneurial spirit.
Eligible Regions
Interests
Eligible Requirements
