Big ideas, real impact.
At MEDB BusinessSPACE, we help Hawai‘i-based space and space-adjacent companies turn bold ideas into real-world outcomes. We support founders working across space, defense, and dual-use technologies by connecting them with mission-driven government customers, clarifying commercialization pathways, and developing strategies for sustainable scale.
Building Hawai‘i’s Space Economy from the Ground Up
BusinessSPACE is a two-track tailored business assistance program designed to help local companies grow faster, compete nationally, and move technical capability toward customers and markets that matter.
Track 1: Early-Stage Startups - For founders starting from scratch, 7-month program beginning in June
Track 2: Experienced Businesses - For established space or space-adjacent companies ready to scale, 6-month program beginning in July
By building capacity for local innovation, BusinessSPACE strengthens Hawai‘i’s economic resilience, supports workforce development & job creation , and ensures our state has a meaningful stake in the emerging space economy.
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We're a team of passionate thinkers and doers, dedicated to helping you building with purpose and clarity.
BusinessSPACE is informed by deep, on-the-ground experience in the space and defense ecosystem. Through MEDB’s longstanding role as a convener of the Advanced Maui Optical and Space Surveillance Technologies (AMOS) Conference, the program maintains close proximity to national decision-makers, mission operators, and technical leaders shaping the future of space operations.
Our work is further strengthened by a network of experienced consultants and subject-matter experts spanning space domain awareness, geospatial technologies, federal contracting, commercialization, and workforce development.
In-House Program Leadership and staff bring hands-on experience across space-adjacent technical fields, business acceleration, and talent pipeline development ensuring companies receive guidance that is both strategically informed and operationally practical.
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Program Overview
BusinessSPACE is a cohort-based business assistance program operated by the Maui Economic Development Board to diversify Hawai‘i’s economy and to strengthen Hawai‘i’s role in the national space ecosystem. The program focuses on helping early-stage and growth-stage companies move from capability to customer and commercialization faster, smarter, and with fewer dead ends.
This is not an academic exercise or a pitch competition. BusinessSPACE is a highly tailored program designed around industry and mission pull, helping founders align their technology with real operational needs across government, defense, and commercial markets.
Participants receive hands-on support in:
Customer discovery and market validation
Federal contracting and SBIR/STTR readiness
Business model refinement and pricing
Strategic storytelling for technical founders
Workforce and talent integration
And more…
The goal is to help companies build something that gets purchased and deployed in the space sector while creating local economic opportunties.
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An Ecosystem Built on Collaboration
BusinessSPACE operates within a broader innovation and workforce ecosystem led by MEDB. We work closely with:
Government and defense stakeholders particularly in the U.S. Space Force
Industry partners
Universities and research organizations
Workforce and talent programs including MEDB’s STEMworks Program and the P3I internship program
Our role is to help companies navigate this landscape efficiently by making connections where it matters and helping to remove friction where possible.
Frequently Asked Questions
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Hawai‘i is not peripheral to the space economy. Situated in the mission critical Indopacific, Hawaii is operationally significant.
From space domain awareness and optical sensing to geospatial intelligence, autonomy, energy systems, and communications, Hawai‘i sits at the heart of Pacific operations, national security priorities, and real-world test environments.
Maui, in particular, offers:
Proximity to key space and defense missions
Access to national decision-makers through the AMOS conference
A collaborative ecosystem where industry, government, and nonprofits work closely
A growing technical workforce rooted in place
BusinessSPACE exists to turn these advantages into durable companies that can scale, not just promising ideas.
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BusinessSPACE is designed for companies that:
Are based in Hawai‘i or committed to building long-term operations here
Work in space, defense, dual-use, or space-adjacent sectors
Have a technical capability/expertise and are ready to pursue real customers
Want honest, constructive feedback
Are willing to iterate, pivot, and sharpen their focus
You do not need:
A fully formed business yet
A perfect pitch deck
Venture capital already in hand
A large team. Single Founder companies are welcome.
You do need:
A serious founder/entrepreneurial mindset
A willingness to engage with customers and customer discovery
Openness to learning what won’t work as quickly as what will
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What You Get
BusinessSPACE participants gain access to practical, hands-on support designed to help technical founders move faster and with fewer missteps.
Strategic Business Support
One-on-one advising tailored to technical founders navigating complex space, defense, and dual-use markets.
Federal Pathways
Guidance on SBIR/STTR proposal development, government procurement, and mission alignment—grounded in real solicitation dynamics.
Customer & Partner Access
Targeted introductions to industry, government, and ecosystem partners where alignment makes sense.
Workforce Integration Support
Connections to Hawai‘i’s talent pipeline through the MEDB STEMworks Internship Program. Each BusinessSPACE company is eligible for up to five interns at no cost to the company.
Credibility & Visibility
Opportunities to engage with national forums, conferences, and decision-makers. MEDB provides limited travel support to select conferences, including AMOS and Space Industry Days.
Non-Equity Seed Funding
Each BusinessSPACE company receives a $3,000 business assistance allowance (subject to increase or decrease depending on funding availability), with additional reimbursements available for eligible startup costs such as business registration, accounting software, CPA services, and IP consulting.
Access to MEDB Nexus
Workspace, convening space, and connection to MEDB’s broader innovation environment at MEDB Nexus.
Alumni Network
Ongoing access to BusinessSPACE alumni events, peer learning, and ecosystem connections beyond the formal program period.
This is practical business support, not performative mentorship.
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Outcomes & Traction
What We’re Seeing
Early BusinessSPACE cohorts have demonstrated strong momentum, including:
Federal proposals submitted and awarded
New revenue generated
Jobs created locally
Interns placed into space-sector roles
Companies maturing from concept to contract-ready
Beyond the numbers, participants leave with sharper positioning, clearer customer understanding, and a stronger foundation for sustainable growth in space markets.
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This is free program that is supported by Federal, State, County, and Private funding streams. There is no cost to participate. This program may suggest some elective travel opportunities that would be out of pocket, but essential conference attendance such as at AMOS will be fully covered.
MEDB also will not take any equity in your company. We are here to help.
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Ready to Build Something That Matters?
If you’re a founder building space or space-adjacent technology in Hawai‘i and you want support that’s grounded, honest, and mission-aware, we’d love to hear from you.
Contact Katie Taladay, Director of STEM Talent and Ecosystem Development at katie@medb.org
Apply to BusinessSPACE Cohort 4
Learn More About MEDB
Apply Now Cohort 4!
Apply Now Cohort 4!
Cohort 4 will launch in July 2026. Apply before May 8th for your chance to join MEDB BusinessSPACE!
Questions? Email Katie Taladay, katie@medb.org
BusinessSPACE Portfolio: Cohort 3
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ADOCS
Rapid Innovation in Cybersecurity Solutions for Department of War.
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HI Focus
Developing enhanced expeditionary SSA/SDA capabilities.
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LaunchDetect
Next generation geospatial awareness with real-time, fully automated launch prediction and detection service with global coverage.
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MC3 Technologies
A digital transformation and cybersecurity firm with over 22 years of experience building, supporting, integrating, and securing systems including work with the Department of Defense and various public, private, and non-profit clients.
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Ocean Bit
OceanBit builds modular, proven carbon-negative power plants for AI data centers. Our patented technology couples high-performance computing with proven Ocean Thermal power plants to reduce the total cost of ownership in a scalable, repeatable, modular, rapidly deployable form factor.
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Voltage Vessels
Specializes in advanced materials, additive manufacturing, and electrified propulsion for a new era of performance and adaptability.
BusinessSPACE Portfolio: Cohort 2
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Black Sands Solutions
Developing AI-powered autonomous detection, classification, and tracking of multi-domain threats. SDA Tap Lab Problems #7, 11, 22, 23
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EM Sektet
Developing an electromechanical thruster based on Lenz’s Law which does not need propellant to generate thrust.
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IAMAKAMAI
Seeking to use AI to solve Haleakala Telescope implementation challenges, and AI implementation/deployment shortcomings.
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Interstel Technologies, Inc.
Interstel™ provides software solutions to operate satellites and other aerospace exploration vehicles through its Comprehensive Open-architecture Solution for Mission Operations Systems (iCOSMOS™). Awarded several SBIR awards.
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Nalu Scientific, LLC
Specializes in advanced mixed signal integrated circuits with applications in particle tracking and time of flight measurements. Nalu Scientific has been the recipient of multiple SBIR awards, to develop the next generation System-on-a-Chip based front-end electronics for particle tracking applications.
BusinessSPACE Portfolio: Cohort 1
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Aloha Autonomy
Developing proprietary solutions to full autonomy called cognitive targeting guidance, navigation, and control. Their approach seeks to fuse AI with a novel reworking of traditional GNC schemes. Awarded multiple USSF subscriptions.
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Cloudstone Innovations
Designs and builds low-cost, small footprint, and fully autonomous air and space surveillance sensors that are deploy all around the world: a proliferated electro-optical network. The data collected from these sensors supports missions for allied space commands. Awarded multiple USSF subscriptions and SBIR awards.
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Glintlock
Team of Space System Manufacturing Experts manufacturing and providing real-world high TRL solutions to maintain and advance the capabilities and resilience of the United States SDA mission. Awarded several government subcontracts.
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HI-Spectral
HI-Spectral, LLC specializes in the design and manufacturing of novel Snapshot Hyperspectral Imaging Systems. Our technology has the capability to efficiently capture detailed chemical composition information (Spectrum) for each pixel in an image, in one exposure (snapshot).
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Mahina Aerospace
Mahina Aerospace designs innovative CubeSats to make space exploration more accessible and efficient worldwide.