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A Quick Check of the High Tech Sector Scene in New Hampshire

February 23rd, 2017
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NHEconomy.com’s Lorna Colquhoun and Matt Cookson, NH High Tech Council

New Hampshire’s high tech sector is a key industry in the state and places like Manchester, Portsmouth, Lebanon and Nashua are gaining attention of entrepreneurs and others seeking a place to find talent, lower costs and a business-friendly climate.

Matt Cookson, executive director of the New Hampshire High Technology Council, was the guest on our monthly New Hampshire Business Matters radio show, hosted by WTPL-FM.


New Hampshire Business Matters with Matt Cookson, NH High Tech Council.


Tune in and catch up on the state’s exciting, evolving high tech scene.

Join Dyn Pro for Webinar about International Cyber Threats and How NH Businesses Can Protect Themselves

February 13th, 2017

Cyber crimes can strike any business, at any time, at any place in the world, including New Hampshire.

A webinar from 11:30 am to 12:30 pm, on Feb. 22 tackles the topic and is especially of interest to businesses involved in international e-commerce. Cybersecurity and Fraud Prevention will be led by Chris Brenton, senior director of information systems at Dyn in Manchester. Brenton has extensive experience in the computer security industry and is credited with uncovering numerous security vulnerabilities.


International Trade Officer Rachel Adams talks about programs to help launch New Hampshire businesses into global markets.


It is sponsored by the New Hampshire Office of International Commerce; U.S. Commercial Services; the Granite State District Export and Provident Bank.

The webinar will cover a range of topics, including security precautions companies can take on their websites to protect against fraudulent transactions; red flags of which to be aware when conducting e-commerce sales and safeguards to protect assets in the event of a compromising transaction.

The cost for the webinar is $25. For more information, contact Rachel Adams at the Office of International Commerce, 603-271-8444 or register here.

The Office of International Commerce, within the Division of Economic Development, part of the New Hampshire Department for Resources and Economic Development, is the single point of contact for New Hampshire businesses needing assistance and resources to grow and thrive, as well as for out-of-state companies looking to expand or relocate in the state.

For more information, visit nhEconomy.com or call 603-271-2341.

Focus Groups Lay Foundation for Talent Attraction

February 9th, 2017
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The needs of employers in New Hampshire attended a talent attraction focus group with week.


Leaders from advanced manufacturing and high technology – two of the key industries driving New Hampshire’s economy – joined us this week for focus groups conducted by Development Counsellors International, which specializes in economic development and talent attraction and has been working with us on campaigns to highlight these industries to a national audience.

These in-depth discussions explored the challenges companies are having in finding employees; challenges our state is not alone in facing these days.

Anne Struthers and Carol Miller from our division organized the sessions and report robust discussion from the participants.

This information now lays the groundwork for creating a marketing campaign to retain and attract the workforce New Hampshire needs so that our companies increase their competitiveness, grow and prosper.

Lorna Colquhoun
Communications Director
Division of Economic Development

Join Us for Small Business Day Feb. 10

February 2nd, 2017

We are partnering again this year with the Business and Industry Association of New Hampshire on the 12th annual Small Business Day, focusing on challenges and opportunities facing small businesses. We are also joined by the New Hampshire Small Business Development Center, the U.S. Small Business Administration and local and regional chambers of commerce and business associations.


The cost to attend is $20 (including breakfast) and you do not have to be a member of the BIA to attend. This is a popular event; be sure to register early!


7:30 a.m.         Registration & Continental Breakfast

8 a.m.               Welcoming Remarks
Governor Chris Sununu

Senate President Chuck Morse

8:15 a.m.          Financing Options for Small Business
Learn about traditional and alternative (non-traditional) options for financing your small business from a panel of experts – Gary Barr, TD Bank; John Hamilton, Community Loan Fund; and Greta Johansson, U.S. Small Business Administration.

9:10 a.m.          Small Business Boosters!
Accessing global markets, bidding on, and winning, government contracts, and putting the state’s Job Training Fund to work are ways to boost your small business’s competitiveness. These programs are offered for free through the NH Division of Economic Development. Presenters: Tina Kasim, Office of International Commerce; Dave Pease, NH Government Contracting Assistance Center; Michael Power, Office of Workforce Opportunity.

10:15 a.m.       Affordable Care Act Under Attack: Implications for Small Business

Hear about how changes to the ACA may impact your business and employees. Presented by Dartmouth-Hitchcock Health and New Hampshire Medical Society.

11:10 a.m.       Taxing Issues for Small Business
Whether it is “reasonable compensation,” apportionment, or taxes relating to the Affordable Care Act, there has never been a time more complex for the small business owner when it comes to taxes. We have assembled a panel of New Hampshire’s finest tax accountants and attorneys who will present on recent state and federal tax changes affecting the small business community and respond to your specific questions on taxes impacting your individual businesses. Presenters: Karl Heafield, Baker Newman Noyes; Kevin Kennedy, Maloney & Kennedy; John Rich, McLane Middleton; and Steve Lawlor, Nathan Wechsler

Register Now!

International Markets are Just a Click Away: Signup Today for E-Commerce Webinar with eBay

January 27th, 2017

New Hampshire exports are a vital part of our economy – $4 billion in 2015, supporting over 18,000 jobs in the Granite State.

In 2014, 2,734 businesses here exported their goods to markets overseas. Is it time for your business to go global?

Your go-to resource is the Office of International Commerce, which assists businesses with finding those markets and helping you navigate the process. Program Manager Tina Kasim and international trade officers Nathaniel Nelson and Rachel Adams (above) work with partners like US Commercial Services, the Small Business Administration and The Provident Bank to provide timely information and training seminars.

Rachel explains upcoming programs like the one on Feb. 1 –  Expanding Overseas Sales through E-Commerce.  

It features eBay’s Aparna Lahiri, global shipping program manager, who will cover growing marketplaces, industry trends, export compliance and economic development opportunities through e-commerce.

Register today to learn about these marketplaces and export requirements for an online business.

Lorna Colquhoun
Communications Director
Division of Economic Development

 

 

NE Export Expansion Fund Opens the World for Your Small Business

January 9th, 2017

A program developed three years ago to provide financial assistance to New Hampshire businesses exploring global markets is now open to potential exporters around the region.

Courtesy US Commercial Service

Courtesy US Commercial Service

Due to its success, the New Hampshire Export Expansion Fund (EEF) is now the New England Export Expansion Fund covering New Hampshire, Massachusetts, Maine and Vermont. Through a partnership with The Provident Bank, the Granite State District Export Council, the U.S. Department of Commerce, and partners throughout New England, businesses across the region will now have the opportunity to receive financial assistance to expand sales to global markets.

The New Hampshire Office of International Commerce continues to be a key partner and driver of this export promotion grant program.

If the EEF program sounds familiar then that’s because it’s been around since 2014 assisting companies with international growth.

“Since its inception, New Hampshire companies have used the EEF over 60 times to support their international business development activities in over 20 markets,” said Tina Kasim, program manager of the New Hampshire Office of International Commerce. “We’re excited to see its continued growth through the partnership of The Provident Bank and we look forward to continuing our work with New Hampshire’s exporters to grow their international presence.”

Qualifying businesses can use EFF funds, via indirect grants, to take advantage of the many services provided by the U.S. Department of Commerce, U.S. Commercial Service. With these programs, businesses looking to expand their market reach overseas can use the funds to cover costs of due diligence on and even meeting with identified partners.

The EEF program is open to qualifying New Hampshire companies with 1,500 employees or less in their state’s location.  Although the program aims to concentrate on manufacturing companies, services companies, including educational institutions, travel and tourism, engineering and other service companies, may also qualify.

With the New England Export Expansion Fund, the world is open for business.  If your company is looking to expand internationally, we encourage you to contact OIC at 603.271.8444 or the New Hampshire Export Assistance Center/U.S. Commercial Service at 603.610.2417.

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Nathaniel Nelson
International Trade Officer
Office of International Commerce

 

So Long, ’16! Hello ’17: Happy New Year from NHEconomy

December 29th, 2016

We had a great year in 2016 and we have a hunch 2017 is going to be even greater!

We’ve put a recap together of some of our high points over the past year and invite you to check out the New Hampshire Economic Review 2016, which takes a look at how New Hampshire measures up with the rest of the country on key rankings important to our economy.

May you have a happy and prosperous New Year and we’ll see you in 2017!

 

Best Holiday Wishes from NH Economy!

December 21st, 2016
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Soldiers Park ~ North Woodstock ~~  Lorna Colquhoun/NHEconomy

The New Hampshire Division of Economic Development, with the Office of International Commerce and the NH Government Contracting Assistance Center, wish our friends, clients and partners a very happy holiday season!

Talking Tech: Launching the NH Tech Talent Partnership

December 7th, 2016
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The Dec. 6 launch of the NH Technology Talent Partnership. Commissioner Rose joined panelists from Dyn, Silvertech and Fidelity, as well as the NH High Technology Council and other stakeholders, for the first meeting of the partnership.

New Hampshire’s fast growing technology sector – including software development and programming and networking and professional services – took center stage Tuesday for the launch of the NH Technology Talent Partnership at Fidelity Investments in Merrimack. It’s the second of four sector partner initiatives launched since July.


Manufacturing Sector Partnership Initiative Launched in Milford


Our technology workforce is made up of nearly 45,000 people in an industry projected to grow. For example, IT is expects to grow 11.6 percent over the next five years. These are well-paying jobs attracting talented employees.

But will that be enough?

The Technology Talent Partnership will bring together industry leaders, businesses, educators and state agencies to develop strategies to overcome the challenges – like declining enrollment in technology courses and a gender gap;  meet the demands of the sector.

Need more information? Click here.

carol

Carol Miller
Broadband Technology Director
Division of Economic Development

The Global Battle for Skilled Talent: Where Does NH Fit In?

December 6th, 2016

Thank you for attending our annual meeting last week. Dariel Curren’s presentation is available here.

Lorna Colquhoun
Communications Director
Division of Economic Development