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Archive for the ‘NH Business Matters’ Category

Intelitek of Derry Works to Create STEM Pathways for Middle, High School Students

Thursday, July 20th, 2017

Ido Yerushalmi and Jimmie Hinson

A New Hampshire company is transforming STEM education by working with schools to create pathways for middle and high school students.


Tune into this month’s edition of New Hampshire Business Matters.


On our monthly New Hampshire Business Matters radio show on WTPL-FM107.7, business resource specialist Jimmie Hinson spoke with Ido Yerushalmi, president and CEO of Intelitek, located in Derry.

New Hampshire Business Matters, featuring business news from the New Hampshire Division of Economic Development, airs at 3:05 pm every third Wednesday of the month on WTPL.

 

 

 

 

 

Catching Up on the New Department of Business and Economic Affairs

Thursday, July 6th, 2017

Acting Director Chris Way

With the start of the new fiscal year this week, New Hampshire’s newest agencies came to be – the New Hampshire Department of Business and Economic Affairs and Department of Natural and Cultural Resources – as a result of the reorganization of the Department of Resources and Economic Development.

The Division of Economic Development and the Division of Travel and Tourism Development comprise the Department of Business and Economic Affairs.


This week, Gov. Sununu brought forth the nomination of Taylor Caswell to lead this new agency.


The Divisions of Parks and Recreation, Forest and Lands and the Department of Cultural Resources make up the Department of Natural and Cultural Resources, led by Commissioner Jeffrey Rose.

The motivation for the move is to place more emphasis on economic development and tourism and to create more of a “one stop shopping” environment for business by creating stronger synergies with all our various partners.

So, we begin a new and exciting chapter. The name may have changed, but our mission remains — to support and promote aggressively our businesses and their employees in this great state and to tackle the challenges that have the greatest impact on our economy.

Change is always a time for new vision, new strategies and new opportunities. We are excited to be a part of it.

Trade Shows a Great Way to Bring New Hampshire to Decision Makers

Thursday, July 6th, 2017

Cindy Harrington is a business development manager for the NH Division of Economic Development.

New Hampshire Economic Development was able to tout its open for business sign last month to manufacturers and business owners from around the world at two trade shows – MD&M East in New York City, targeting medical device and manufacturing interests, and the SelectUSA Investment Summit in Washington, DC, focusing on foreign direct investment.

Joined by colleagues Michael Bergeron, senior business development manager, at MD&M and Tina Kasim, program manager at our Office of International Commerce, at SelectUSA, I met with scores of people at both trade shows keen on hearing our message about the state’s business friendly climate, educated workforce, robust industry sectors and quality of life. A great opportunity to not only answer their questions, but to ask some of our own, encourage a visit and follow-up with information they need, such as available real estate.

Trade shows are a dynamic, if not efficient, way, to meet and have conversations with business leaders who are considering business expansion or relocation.  Often, conversations plant the seeds for long term relationships for future growth opportunities. Followup is the key to our work at these events, keeping in touch with contacts so that when they are ready to further explore options, they will consider New Hampshire.

At MD&M, where we also met with attendees at simultaneous trade shows at the Javits Center for plastics, packaging and design manufacturing, some of the people with whom we spoke were focused on seeking manufacturers, suppliers and services contacts to develop relationships. Some were pleasantly surprised to see New Hampshire represented at the event and asked about our industry sectors.

At the SelectUSA show, we spoke with international investors and business owners exploring oportunities within the US, including locations for distribution and warehousing and investing in established companies, especially in the fields of bio-med and medical device manufacturing with an established workforce. We also met with foreign officials and consultants representing companies seeking to establish relationships with businesses in the US for distribution, investment and partnering.

Our message at these trade shows is New Hampshire’s business friendly climate. When we tell people we have no sales, personal income, estate, use, internet, capital gains or professional service taxes, they are surprised and intrigued – what we don’t have is definitely a conversation starter.

For others, it is our booth that draws them over to talk with us. Featuring a stunning lakeside image, it prompts people to take a time out from the busy show. They stare at the lake and share with us memories of going to camp here in the summer, family vacations and even business trips.

When decision makers can’t come to New Hampshire, trade shows  are a great way to bring New Hampshire to them.

 

 

Pump Up Your Export Program with Our Export Boot Camp this Fall

Wednesday, July 5th, 2017

Has your export plan lost its vitality? How fit is your company to sell to global markets? Do you need to pick up your pace in the international trade arena?

If you answered yes to any of these questions, drop and give us 20.

Just kidding.

But you may want to consider joining us this fall for our Export Boot Camp. It’s free* and unlike other boot camps you may be familiar with, you have nothing to lose and a lot to gain.

Bottom line? We want to help you expand your business.

Beginning in October, the Office of International Commerce is offering a series of free* training seminars on the four core topics of international trade: Export Controls and Compliance; Export Logistics; Export Finance, and International Marketing.

Whether you’re an experienced exporter looking to refresh your program or looking to expand your markets overseas, these seminars will put your company in great shape.

Here is the schedule:

EXPORT CONTROLS AND COMPLIANCE
8:30am – 4:30pm, Wednesday, Oct. 4
Department of Economic and Business Affairs (formerly DRED)
172 Pembroke Rd., Concord
Cost: FREE*
Presented by Mike Allocca, Allocca Enterprises

EXPORT LOGISTICS
9 am – 2 pm, Wednesday, Oct. 18
Greater Concord Chamber of Commerce
49 South Main St., Suite 104, Concord
Cost: FREE*
Presented by Radek Maley and Nicole Dunbar, Highland Forwarding USA

EXPORT FINANCE
9:30am – 2 pm, Wednesday, Nov. 1
Greater Concord Chamber of Commerce
49 South Main St., Suite 104, Concord
Cost: FREE*
Presented by Joe Kenney, The Provident Bank; Greta Johansson, U.S. Small Business Administration; John Joyce, U.S. Small Business Administration

INTERNATIONAL MARKETING
9 am – 2:30pm, Wednesday, Nov. 15
Greater Concord Chamber of Commerce
49 South Main St., Suite 104, Concord
Cost: FREE*
Presented by Wendy Pease, Rapport International

Rachel Adams, International Trade Officer

For more information about each seminar, complete the register your interest form here. You will be contacted by the NH Office of International Commerce to confirm your participation.

We look forward to having you join us this fall!

*These seminars will be supported through the State Export Promotion grant and funded in part by The Provident Bank. Contact Rachel Adams to confirm your eligibility for these sessions.

 

‘Limitless’ Summer 2017: Visitors to New Hampshire? Up! Spending? Up!

Wednesday, June 21st, 2017

Stay connected with New Hampshire tourism on Facebook, Twitter, Instagram, Pinterest and YouTube, and follow the #livefreeNH tag to see what other people are saying about summer in New Hampshire.

The New Hampshire Division of Travel and Tourism Development expects more visitors to spend more money this summer, compared to last. State tourism officials project New Hampshire will see 17 million visitors, who will spend $2.25 billion throughout the summer, a 4 percent increase in both visitation and spending.

Marking the beginning of New Hampshire’s busiest travel season, the Fourth of July week is expected to draw nearly one million out-of-state travelers and generate more than $150 million in spending from June 30 to July 4.

DTTD unveiled its summer marketing campaign earlier this spring, showcasing the ‘limitless’ activities, destinations and events offered throughout New Hampshire this summer.

“New Hampshire welcomes millions of visitors each year, generating billions of dollars in annual spending,” said Jeffery Rose, commissioner of the Department of Resources and Economic Development. “The summer travel season represents more than 40 percent of annual visitation and spending.”

DTTD anticipated increased overnight visits, extended weekend and day trips over last summer. DTTD research partners cited a number of economic indicators suggesting a successful summer tourism season, including a 10-year low in the unemployment rate and growth in U.S. travel volume.

Similarly, DTTD is expecting increases in occupancy rates at resorts, hotels, motels, bed and breakfast establishments and campgrounds over the Fourth of July period compared to recent years. During the Fourth of July period, visitors will travel here from New England and Middle Atlantic states.

 

Cybersecurity Conference Set for Companies in the Defense Supply Chain

Wednesday, June 14th, 2017

Suppliers and service providers that are part of the defense supply chain will be required to protect certain unclassified information by the end of year, as part of the Defense Federal Acquisition Regulation System.


To assist New Hampshire businesses meet that requirement, the New Hampshire Government Contracting Assistance Center and the New Hampshire Manufacturing Extension Partnership will host the DFARS Cybersecurity Conference from 8:30 am to noon, June 29 at Nashua Community College.


“These requirements have been on the books for several years, but the implementation deadline is Dec. 31,” said Dave Pease, program manager of NH GovCon. “There are clauses in your contracts and subcontracts that will require you, your subcontractors and suppliers to protect controlled unclassified information.”

Companies at any tier in the defense and homeland security supply chain should plan to attend. The seminar will cover information on the rule and the NIST standard; challenges discovered and solutions developed by large prime contractors; insights on the flowdown requirement and commercially available services and solutions.

For more information and to register, visit http://nhptap.ecenterdirect.com/ or call 271-7581.

It’s the Aero/Defense Event of the Year and You Need to Register Now!

Thursday, June 8th, 2017

Brian Ward

Brian Ward, director of business development at Jewell Instruments in Manchester, is the vice chairman of the New Hampshire Aerospace and Defense Export Consortium.

Now in its fourth year, NHADEC is unique – it’s one of the only export consortia in the country. Members, from the large primes to the smallest specialized shops, work together, offering advice and leveraging experience that raises New Hampshire’s aerospace and defense profile around the world.

Its 3rd annual networking event is happening June 15 and Ward talks about NHADEC and the importance of bringing this industry together.

What is the New Hampshire Aerospace and Defense Export Consortium?

NHADEC is a consortium of businesses and organizations working in the aerospace and defense sector. It is the first industry-specific export consortium in the US and it supports of one of the fastest growing sectors not only in New Hampshire, but in the world. NHADEC provides a forum for the industry to strengthen the local supply-chain and to increase global market access.  It is focused on fostering the most opportune foreign markets through collaborative efforts and global brand messaging.

It was created in 2013 in partnership with the New Hampshire Division of Economic Development and quickly signed 35 members. Today, there are nearly 100 members from New Hampshire, Massachusetts, Maine, New York, Ohio and Utah and corporate sponsorship from BAE Systems, GE Aviation and Pratt & Whitney. Since its creation, NHADEC has provided programs and resources for its membership, such as trade shows, marketing forums, media coverage, market intelligence, networking opportunities, training, compliance assistance, mentoring, research and development and new market development assistance.

In 2015, the consortium received non-profit organization status and held the first New Hampshire Aerospace and Defense conference to bring together the local supply-chain. Last year, NHADEC was recognized as a ‘state initiative that really took off’ by NH Business Review and held its first NHADEC Showcase at BAE Systems in Nashua.

NHAD 2016

Why Is NHAD now a member networking event and not a

After the first two NHAD conferences in 2015 and 2016, members said they wanted to have more face time with each other, so this year’s occasion is touted as the NHAD 2017 Networking Event, which is being sponsored by The Provident

It is going to include trade representatives from Canada, the United Kingdom, Saudi Arabia, Mexico, Poland, India and we expect a few more. Resource organizations on hand will include IHS Markit/Jane’s and the New Hampshire World Affairs

Roger Zakheim, a visiting fellow of the American Enterprise Institute and partner of Covington & Burling LLP, will be the keynote speaker, assessing President Trump’s military rebuild and its impact on the defense industrial complex. Zakheim is a former deputy staff director/general counsel, Armed Services Committee, U.S. House of Representatives and a former deputy assistant secretary, U.S. Department of Defense.

Can I come to NHAD ‘17?

If you have an interest in the aerospace and defense industry, then yes, you are very welcome to join us. Most of the companies registered are aerospace and defense enterprises that develop products and technologies for the industry. We also expect various service providers supporting these companies, such as insurance providers, legal services and marketing developers.

Why is the aerospace/defense industry relevant to New Hampshire?

This sector is among the fastest growing industries in both the U.S. and New Hampshire.  Here in New Hampshire, there are close to 350 aerospace and defense companies, like BAE Systems, L-3, Elbit and smaller tier businesses, which employ about 60,000 people, whose average salary is about $90,000. This industry also contributes 9.5 percent to New Hampshire’s manufacturing GDP and 2.6 percent of its total GDP.

Since the aerospace and defense sector is so vital to the state’s economy, events such as NHAD 2017 help forge new partnerships, growth and opportunities.

What are the details I need to know to

This free event will be held from 5:30 – 8 pm, June 15, at the Manchester Country Club in Bedford. You can register here or contact Dawn Wivell.

 

Celebrating Londonderry’s Woodmont Commons

Wednesday, June 7th, 2017

Groundbreaking on Woodmont Commons~ 6/6/2017

New Hampshire may not be bigger than the average, but it’s never been afraid of big projects. And so it is with Woodmont Commons in Londonderry, which broke ground yesterday (6/6/17).

This project is the first-of-its-kind in New Hampshire. Located on 600 acres, when completed, the planned unit development will have nearly 1 million square feet of retail; 700,000 square feet of office space; 550 hotel rooms; nearly 1,500 residential units, and much more.

Think of it as a community within a community.

Gov. Chris Sununu, civic leaders from Londonderry and across southern New Hampshire, and partners in this project attended the ground-breaking. Sununu noted the benefits this project will have, for not just in Londonderry or the immediate area, but for the entire state. He also cited this as a tool for the state to use to sell outside interests to New Hampshire.

Ari Pollack from Gallagher, Callahan, and Gartrell, emceed the groundbreaking. He discussed the multitude of uses to be derived from Woodmont Commons and said this will be “a true stay, work, play, environment.” This is a concept the state actively markets to promote itself and projects like this only affirm this belief.

The first phase was approved in late-2016; it is expected for this portion of the project to be completed sometime after 2020.

Congratulations to Londonderry on its new development.

Mark Laliberte
Business Resource Specialist

Read All About It: New Hampshire’s Medical Manufacturing Sector

Wednesday, May 31st, 2017

The spotlight this month has been on New Hampshire’s life science climate. The short version is that the climate is hot for this sector.

Longer versions can be read in these publications:

New Hampshire – The Next Medical Manufacturing Hub?
Engineering.com

Live Free or Die: A Look at New Hampshire’s Medical Technology Sector
Medgadget.com

Business Development Manager Cindy Harrington visited with New Hampshire companies last month attending the BIOMEDevice trade show in Boston. She heads out to MD&M East later this month and we’re please she is part of the New Hampshire High Tech Council’s new BioTech/MedTech committee.

 

Taking Off with New Hampshire Aerospace and Defense Export Consortium

Thursday, May 18th, 2017

Dawn Wivell, Chris Way ~ NH Business Matters ~ WTPL-FM

Since it’s inception four years ago, the New Hampshire Aerospace and Defense Export Consortium has, well, taken off.

Developed as a way to help the more than 300 Granite State companies and manufacturers involved in these industries diversify their customer base, NHADEC is growing its membership outside of New Hampshire.

With partnerships established with AeroMontreal and the Farnborough Aerospace Consortium, NHADEC is fast becoming an international resource for companies looking for partnerships and other relationships with those here in New Hampshire.


Join NHADEC for its annual networking event on June 15. Meet others in the industry and hear about industry trends. Register today!


Aero/defense is one of the fastest growing industries in the state and NHADEC is taking it to new heights. On our monthly radio show yesterday on WTPL-FM, acting Director Chris Way and NHADEC executive Director Dawn Wivell talked about what’s new and what’s happening.

Tune in here.

Lorna Colquhoun
Communications Director
Division of Economic Development