In addition to the strategic conditions in Hawaii’s favor, a number of assets have been identified that position the state to excel in a number of opportunities related to the strategic strengths.
- In-migration of workers with college degrees over the last several decades has contributed to putting Hawaii 13th among the states in years of school completed.
- The region has 30 financial institutions. The five regional banks hold assets of $28 billion.
- There are 11 university campuses in the region offering bachelors and higher degrees, supplemented by a seven‐campus community college system serving all counties. The flagship college campus is the University of Hawaii (UH) at Manoa, which offers Ph.D. degrees in numerous subjects and maintains schools of law and medicine.
- There are also more than 1,100 establishments in the region’s technology sector, and they are served by a fledgling venture capital sector.
- As indicated, the U.S. military provides an ongoing injection of billions of dollars per year into Hawaii’s economy supporting a range of procurement and professional services opportunities.
- Observatories on Maunakea attract astronomy research grants and scientists from universities throughout the world.
Source: 2010 the Hawaii Statewide Comprehensive Economic Development Strategy (CEDS) – Prefinal