
Mana Up
Description
Mana Up is a distinctive 12-week product accelerator program based in Honolulu, Hawaii, dedicated to empowering local Hawaiian businesses, particularly those in the consumer product sector, to scale their operations and reach global markets. Unlike traditional venture capital firms, Mana Up operates as a comprehensive ecosystem, providing not just capital but also intensive mentorship, strategic guidance, and access to a robust network of industry experts, retailers, and investors. This unique approach is designed to foster sustainable growth for Hawaii's entrepreneurial community.
The accelerator program is highly selective, admitting a limited number of companies into each cohort. Participants typically receive an initial investment of $50,000 in exchange for an equity stake, which helps them fund critical early-stage growth initiatives. Beyond the direct capital infusion, Mana Up's value proposition lies in its structured curriculum, which covers essential aspects of business development, including product refinement, marketing strategies, supply chain optimization, and e-commerce expansion. The program culminates in opportunities for companies to showcase their products to potential buyers and investors.
Mana Up has demonstrated significant impact on Hawaii's economy. Since its inception, companies that have graduated from the program have collectively generated over $100 million in revenue. This substantial financial growth is complemented by the creation of over 1,000 jobs across various sectors, contributing significantly to local employment and economic diversification. The accelerator's success is attributed to its deep understanding of the unique challenges and opportunities faced by Hawaii-based businesses, coupled with its commitment to fostering high-quality, export-ready products.
By focusing on scaling authentic Hawaiian products, Mana Up not only boosts the local economy but also promotes the islands' unique culture and craftsmanship on a global stage. Its model serves as a powerful example of how a localized accelerator can drive substantial economic development and create a vibrant entrepreneurial ecosystem. Mana Up continues to expand its reach and impact, solidifying its position as a pivotal force in Hawaii's business landscape and a model for place-based economic development.
Investor Profile
Mana Up has backed more than 71 startups, with 0 new investments in the last 12 months alone. The firm has led 69 rounds, about 97% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Non Equity Assistance, Grant, Series A rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Food and Beverage, Retail, Fashion.
- Typical check size: $50K.
Stage Focus
- Non Equity Assistance (96%)
- Grant (3%)
- Series A (1%)
Country Focus
- United States (94%)
Industry Focus
- Food And Beverage
- Retail
- Fashion
- Shopping
- E-commerce
- Art
- Beauty
- Consumer Goods
- Agriculture
- Farming
Frequently Asked Questions
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