Fellows mentioned in this story: Meli James, Cohort VII

From Pacific Inno:

Hawai‘i-based product accelerator Mana Up on Thursday released a survey of its portfolio businesses showing a revenue boost in 2020 compared to 2019, in large part due to e-commerce and Mainland channels during the coronavirus pandemic.

Aggregate revenue from 47 Mana Up cohort alumni companies was $43.4 million last year, compared to $36 million in 2019 among the same companies. Average annual revenue was $923,290 in 2020, up 18.6% from $766,396 in 2019.

Fifty-three percent of the Hawai‘i-based companies grew in revenue. The ones that had a strong online presence fared better in the first calendar year of the pandemic than did ones with traditional brick-and-mortar reliance, noted Mana Up, which specializes in Island-based consumer brands.

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