The Hogan Entrepreneurial Program at Chaminade University announced that it will bestow its Lifetime Entrepreneurial Achievement Award to Bill Spencer, president of Hawaii Venture Capital Association and co-founder and CEO of Hawaii Oceanic Technology, Inc., at this year’s Hogan Induction / Graduation Ceremony. The ceremony is scheduled for April 24, from 10:30 a.m. to 12 noon, in the Mystical Rose Oratory at Chaminade University, 3140 Wai’alae Avenue, Honolulu, Hawaii 96816. The public and media are welcome to attend the free event.  This is only the third time that this prestigious award has been given out in 12 years.

At the ceremony, Chaminade will also celebrate students graduating from its Hogan Entrepreneurial Program and welcome new inductees. The unique program encourages students to use their entrepreneurial passion and academic achievements as a means to contribute to their communities and has been in existence for 12 years, thanks to the generous support of the Hogan Family Foundation. The program’s motto continues to be “doing business things that make social sense; doing social things that make business sense.”

Dr. Hank Wuh, CEO of Skai Ventures, will be keynote speaker. For more information, contact Christie Engel at or at (808) 440-4280.

Mr. Spencer, a seasoned serial entrepreneur and long time President of the Hawaii Venture Capital Association, serves as the CEO of Hawaii Oceanic Technology, Inc., a high-tech open ocean fish farming technology business. Mr. Spencer has an undergraduate degree from Georgetown University and a Master of Health Science from Johns Hopkins Bloomberg School of Public Health. He is a lead mentor for the  Blue Startups venture accelerator and co-founder of HI Impact, an organization devoted to educating entrepreneurs about socially responsible investing.  Bill was a founding member of the Hawaii Ecotourism Association and has served on the executive board of the Hawaii Angels investor network since its inception in 2002. He has been acknowledged as “Financial Services Champion″ by the U.S. Small Business Administration for Hawaii and Region IX (California, Arizona, and Nevada). A more in-depth biography for Mr. Spencer has been included.

Educating students for life, service and successful careers, Chaminade University is a Catholic/ Marianist university offering programs of study grounded in the liberal arts with day, evening, online and accelerated courses. A Native Hawaiian / Pacific Islander serving institution, Chaminade is located at 3140 Waialae Ave., Honolulu, HI 9681, which is its main campus. It also has nine satellite locations around Oahu. Chaminade University is a member of the U.S. Green Building Council and looks forward to increased opportunities to promote environmental sustainability. For more information, visit the Chaminade Web site at or call (808) 735-4711. ### 

HONOLULU—April 18, 2013
(808) 735-4797                


Bill Spencer is a serial entrepreneur who has led the Hawaii Venture Capital Association since 1999.  He is a graduate of Georgetown University and the Johns Hopkins Bloomberg School of Public Health.  He is currently the CEO of Hawaii Oceanic Technology, Inc., an ocean science company building a patented environmentally responsible next generation high-tech open ocean mariculture systems.  Born in Houston, Texas, Bill moved to Hawaii from Washington, DC in 1990.

Mr. Spencer is a tireless advocate for capital formation in Hawaii to support entrepreneurs interested in capitalizing on Hawaii’s global strategic advantages.  Mr. Spencer has been on the Board of Directors of the Hawaii Venture Capital Association since 1995 and president since 1999 until the present time, an all-volunteer community service position. He has been involved in helping articulate the need for a more robust venture capital and private investment community.  His efforts include educating entrepreneurs about the venture finance continuum, mentoring entrepreneurs and judging business plan competitions.

As the leader of the Hawaii Venture Capital Association, Mr. Spencer has used his position to bring together entrepreneurs, investors and business service providers at monthly networking luncheons and other special events.  The luncheons provide forums for company leaders, finance experts and others to inform and educate entrepreneurs about venture capital.  He has involved HVCA in the state legislative process and lobbied effectively for bills such as Act 221/215 that has brought almost $1.5 billion in investment capital to Hawaii entrepreneurs who were otherwise starved for venture capital due to Hawaii’s distance from mainland sources of finance.

Mr. Spencer brings to the community a keen sense of awareness about the challenges of venture finance from the entrepreneur point of view and has helped many budding entrepreneurs prepare their businesses to compete for and obtain financing.  He is a founding member of Hawaii Angels, the State’s only angel investor network.  As a member of the Angel’s deal screening committee, Mr. Spencer has reviewed more than 2,000 business plans and coached many presenters who went on to successfully raise more than $50 million in angel and venture funding.  He is a founding board member of ThinkTech Hawaii, a 501 (c) 3 organization devoted to publicizing the importance of building a tech economy in support of Hawaii’s global economic future.  He also served on the board of the Hawaii Eco Tourism association.  Mr. Spencer is the co-founder of Hawaii’s first conference on impact investing, “HI Impact 2012”, dedicated to educating entrepreneurs and investors about latest trends in socially responsible investing.

Mr. Spencer’s entrepreneurial ventures always seek to implement big ideas and address global markets with social and environmental responsibility.  He pioneered software applications for server farm management, distributed communications, groupware computing and medical treatment management.  His current business is developing a patented next generation, large-scale open ocean mariculture system to help solve the worlds need for more seafood protein.  His company was recently acknowledged as a finalist in the Asia Pacific Economic Cooperation Business Innovation Showcase for the County of Hawaii.  The company received a patent in October 2011 for its fish farming system.