Honolulu Star-Bulletin Local News
Business Briefs

Reported by Star-Bulletin staff & wire

Friday, February 21, 1997


Firm offers to invest
in isle businesses

A San Francisco-based venture capital fund says it will have up to $30 million to invest in small businesses in Hawaii and Northern California.

Tangent Growth Fund L.P., said it was recently licensed as a small business investment company by the U.S. Small Business Administration.

It has so far invested $4.2 million in a total of four projects, two in Hawaii and two in California. Jeff Au of Honolulu, a principal and general counsel of Tangent, said Hawaii was included in Tangent's SBA application because it is under-served by venture capital.

Disney lifts curtain
on kids-club concept

LOS ANGELES - The Walt Disney Co. today opened its newest center for family entertainment, Club Disney, a small-sized magical kingdom near Los Angeles filled with learning games for kids under 10.

The Burbank, Calif.-based film, television and theme park giant plans to test its Club Disney concept at its first center in affluent Thousand Oaks, Calif., and may open as many 100 across the United States in years to come. At the clubs, children can play in different sections and learn about the arts and sciences with their parents and meet Disney characters.





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