Community Based Economic Development
- Every dollar of State funds invested in communities through the CBED Program has been matched by an average of 11 (eleven) dollars of financing from over 30 different sources.
- Over $3.4 million has been committed to more than 143 community-based organizations statewide.
- In FY2001, community-based organizations reported projects generating 93 new jobs or businesses.
- What's New
- Grant Program & Applications
- CBED Advisory Council Members
Recognizing the value of "grassroots" planning, support and decision-making, the Hawaii State Legislature created the CBED program and revolving fund in 1990.
The Program offers loans, grants and technical assistance to eligible non-profit, geographic, cultural or economic-based community groups. These groups can develop viable, sustainable business ventures that serve local needs and are compatible with the vision, character and cultural values of their communities.
Mission Statement
Successful community-based economic development integrates viable economic projects to promote a community's vision for its future health and quality of life.
The CBED program provides training and capacity building opportunities to promote, support, and invest in community-based development projects that result in measurable economic impact.
Progress / Accomplishments
Since its inception, Hawaii's CBED Program has demonstrated the effectiveness of community-based economic development in Hawaii. Accomplishments from 1991 through 2001 include: