Blue Startups

Exploring the treacherous waters of entrepreneurship can be frightening, but who said you had to go it alone?
Let Blue Startups be your guide.

Invest

Do you have a million-dollar idea? If so, we'd like to invest in it.

Blue Startups is a new Honolulu-based venture accelerator founded by Henk Rogers. Blue Startups invests and provides hands-on mentorship to capital-efficient and scalable-technology companies, including Internet, software, mobile, gaming and e-commerce. All companies entering the Blue Startups program will receive $20,000 as an upfront investment.

and $100,000 in other perks

Mentor

We surround you with a network of more than 60 mentors and experts to help you navigate and stay afloat.

Blue Startups has a network of more than 60 mentors reaching from China and Japan to Silicon Valley. Our premise is that people make innovation happen, that growth follows effective execution, and that sustained success will require access to global resources.

Meet Our Mentors Our Partners

Accelerate

For twelve weeks, we put you through an intensive learning program, to help you gain the momentum to succeed.

Blue Startups will increase the number of talented entrepreneurs and high-growth companies in Hawaii, creating quality jobs and sustainable economic growth.

Take Action

Are you ready to accelerate?

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Lead Mentors

Blue Startups has a group of committed lead mentors that will provide hands-on intense training and advice to participating companies as well as to the accelerator itself. Lead mentors are expected to commit at least 5 hours per month of time to the accelerator. Blue Startups lead mentors include:

  • Faruq Ahmad: a Silicon Valley veteran for 20+ years, founder of a successful venture backed company, which went public (Mobinetix, NETX), a VC (Mingly Capital), and an LP (C.M. Capital).
  • Tina Fitch: co-founded and led Switchfly, the leading technology platform for the travel commerce, loyalty, and financial services industries, generating over $750 million annually for its customers.
  • Dan Freedman: co-founded Jasomi Networks, which sold to Ditech Communications (now Ditech Networks) in 2005. He then co-founded Launchworks, a high tech venture capital investment firm in Canada.
  • Steve Markowitz: co-founded and led MyPoints through "hypergrowth" from zero to 16MM consumer members and annual revenues of $64MM. Led $46MM IPO and $211MM secondary offering.
  • Henk Rogers: Dutch-born computer game designer and entrepreneur, best known for revolutionizing the video game industry by bringing Tetris to the United States and world market.
  • Bill Spencer: leader of the Hawaii Venture Capital Association since 1999 and co-founder of the aquaculture venture, Hawaii Oceanic Technology, Inc.
  • Shan Steinmark: founder of Strategic Transitions Research, a consulting firm serving Fortune 500 companies. Steinmark has been an active angel investor in Hawaii for nearly ten years.

$100,000 More in Other Great Perks

As prospective member of the Global Accelerator Network, Blue Startups can immediately begin to leverage GAN resources. Blue Startups is using the GAN methodology, used by six of the top ten accelerators in 2011. As a member of GAN, each cohort company can receive nearly $100,000 in free perks offered by over 25 of the best vendors in the world. For example, some of these perks include:

  • $60,000 in Microsoft Azure Credits
  • $12,000 in SoftLayer Hosting Services
  • $10,000 in PayPal Transaction Credits
  • $6,000 in Rackspace Hosting Credits
  • $5,000 in Public Relations Support from the Metzger PR Firm
  • $3,000 in Human Resources Support from Premier Employer Services
  • $1,000 in Amazon Web Services Credits

Workspace for the founding team (up to three people) will also be provided at the Blue Startups offices. In exchange for the capital and in-kind services provided, Blue Startups will take an equity stake in each company.

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Our Partners

  • Hawai‘i Angels
  • 500 Startups
  • Tetris
  • The Box Jelly
  • Global Accelerator Network
  • East-West Center
  • JAIMS