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Archive for October, 2010

NH Invites Insurance Companies to Sow the Seeds of Business Success

Friday, October 15th, 2010

For the third consecutive year, the NH Insurance Department and NH Division of Economic Development will join exhibitors at the American Council of Life Insurers (ACLI) Annual Conference, to be held October 17-19, 2010 at the Hilton Baltimore in Baltimore, MD. The state welcomes conference attendees to visit booth #9 and “sow the seeds of business success” by accepting a gift of black-eyed Susans, the seeds of which are embedded in plantable business cards.

acli_logoBusiness Development Manager Michael Bergeron is representing the state at this year’s conference. Serving NH citizens since 1997, Bergeron works directly with businesses considering relocating or expanding to New Hampshire. He provides a wide range of services, ranging from site analysis and selection to facilitating state financing and incentive packages. In the insurance industry alone, he has helped nine insurance companies redomesticate to New Hampshire in the last two years.

“As the most livable state in the nation, New Hampshire offers an exceptional business environment for insurance companies,” notes Roy Duddy, Interim Director for the NH Division of Economic Development. “With the lowest insurance premium tax in the Northeast, no personal income tax or sales tax, and ready access to skilled labor, businesses and employees alike enjoy the many rewards of working and playing in the Granite State.”

Joining Bergeron at this year’s ACLI conference is Allen Voivod of social marketing company Epiphanies, Inc., which has helped the Division of Economic Development double their website traffic and create one of the largest economic development presences on Facebook in the US. Voivod will be interviewing industry leaders and capturing highlights to share on the state’s new industry-specific “Redomesticate NH” social channels on Facebook and Twitter.

More information about the conference itself is available at http://www.acli.com/ANN2010/index.html.

Preparing for Tax Season

Tuesday, October 12th, 2010

A little education and some advanced planning can prevent tax obligation surprises and allow savings opportunities for self-employed people and owners of small businesses.

taxesLinda Snow, a certified public accountant with Snow Consulting & Tax, PLLC, in Concord, has been offering sound advice to small businesses for more than 20 years. As a small-business owner, she understands the challenges of negotiating finances, tax planning, and overall operations and management responsibilities.

Snow knows it is important for small-business owners to be able answer the questions:

How do I calculate my business’s monthly cash needs, including my income tax obligations?
What are my tax reporting and payment responsibilities as a small-business owner?
What are tax credits, and does my business qualify for any?

MicroCredit-NH and its partners around the state are hosting a FREE series of tax workshops with Ms. Snow this fall. These workshops have been opened to ALL MicroCredit-NH members at no cost. Lunch will be provided and each participant will receive a detailed workbook.

Space at each workshop is limited and available on a first-come basis, and preregistration is required.

Schedule C tax workshop for sole proprietors and sole member limited liability companies (LLC), Concord
Wednesday, October 20, 9 a.m. to 3 p.m. at The Common Man, 25 Water St. (if using a GPS, please enter 1 Gulf Street for accurate directions).
Hosted by MicroCredit-NH.
Preregister by contacting Elaine Mondor at (800) 769-3482 or contact Jennifer Murphy Aubin at (603) 856-0717.

Schedule C tax workshop for sole proprietors and sole member limited liability companies (LLC), Manchester
Wednesday, October 27, 9 a.m. to 3 p.m. at ABI, 33 South Commercial St.
Hosted by MicroCredit-NH and ABI (Amoskeag Business Incubator).
Open to Synergistic members at no cost.
Preregister by contacting Jacob Bodoh at (603) 629-9511.

Tax planning and preparation workshop, Bethlehem
Wednesday, November 3, 9 a.m. to 3 p.m. at WREN, 2011 Main St.
Hosted by MicroCredit-NH, WREN (Women’s Entrepreneurial Network) and NCIC (Northern Community Investment Corporation).
Preregister by contacting Nina Garfield at (603) 869-9736.

Tax planning and preparation workshop, Keene
Wednesday, November 10, 9 a.m. to 3 p.m. at the Hannah Grimes Center, 25 Roxbury St.
Hosted by MicroCredit-NH and the Hannah Grimes Center.
Preregister by contacting Jen Risley at (603) 352-5063.

Tax planning and preparation workshop, Concord
Wednesday, November 17, 9 a.m. to 3 p.m. at The Common Man, 25 Water St. (if using a GPS, please enter 1 Gulf Street for accurate directions).
Hosted by MicroCredit-NH.
Preregister by contacting Elaine Mondor at (800) 769-3482 or by email, or contact Jennifer Murphy Aubin at (603) 856-0717.

Tax planning and preparation workshop, Manchester
Wednesday, December 1, 9 a.m. to 3 p.m. at ABI, 33 South Commercial St.
Hosted by MicroCredit-NH and ABI (Amoskeag Business Incubator).
Open to Synergistic members at no cost.
Preregister by contacting Jacob Bodoh at (603) 629-9511.

Bridging the Generation Gap at Work

Monday, October 11th, 2010

Talk about staggering statistics – two years ago, the U.S. Bureau of Labor Statistics reported that 25 million employees planned to leave the workforce by 2010. Of these workers, 22 million are at least 45 years of age and leaving due to retirement. Where will the nation draw new workers to bridge this gap? 

generation-gapUnfortunately, a recent report by the Center on Aging and Work indicates more than 25 percent of U.S. businesses have done little to plan for the effects of this aging workforce including finding suitable replacements.

There are approximately:

75 million Traditionalists
76 million Baby Boomers
44 million Generation X members
80 million Generation Y members

In this month’s “Tomorrow’s Business Advice Today,” Sojourn Partners Managing Partner Dr. Russ Ouellette DM explores how the United States can begin addressing the generation gap in the workplace to ensure economic vitality for years to come. Check it out at http://www.nheconomy.com/tomorrows-business-advice-today/.

The Vast Impact of NH Manufacturing Extension Partnership

Monday, October 11th, 2010

Wow – check out this great five year executive summary which details the impact of the New Hampshire Manufacturing Extension Partnership on job creation and the economy. Great job MEP!!

The Economic Impacts of the
New Hampshire Manufacturing Extension Partnership Program
on the New Hampshire Economy

Five Year Executive Summary
The New Hampshire Manufacturing Extension Partnership (MEP) program is supported by the National Institute of Standards and Technology within the U.S. Dept. of Commerce to help small- and medium-size manufacturers identify and implement advanced manufacturing and management technologies. Through a network of resources, the MEP links client firms with local and national sources of expertise to address specific problems.  This study estimates the total economic contribution to the New Hampshire economy from firms whose employment, sales, or investment activity changed as a direct result of assistance provided by the New Hampshire MEP.

manufacturing-newNew Hampshire MEP clients are surveyed, by an independent third party survey company, to determine the economic impact resulting from their relationship with the MEP program.  Clients are surveyed roughly one year after the completion of a project and asked a number of questions relating to changes in efficiency and output as well as questions relating to the quality of the MEP services they received.  Between October 2005 and August 2010 189 companies surveyed reported that, as a result of their relationship with the New Hampshire MEP they have: ¹

·        Created 344 jobs that otherwise would not exist
·         Retained 661 jobs that otherwise would not exist
·        Increased and retained $206.2 million in sales
·        Spent $78 million on new investment
·        Experienced $28.7 million in cost savings

The effects of this increased economic activity, extends beyond the client firms. Increased sales by New Hampshire MEP client firms require that they increase their purchases of intermediate goods and services from companies located in New Hampshire and elsewhere to support their increased output.  The supplying companies, in turn, generate additional demands of their own. In this way, dollar expenditures for final demand can be traced to all of the affected industries in the regional economy. In addition, the income from new jobs generated by New Hampshire MEP clients and the supplying firm’s results in increased demand for consumer goods. Each of these effects, in turn, generates subsequent ripples throughout the New Hampshire economy.  The sum of these direct, indirect, and induced effects suggests that small- and medium-size manufacturing companies that increased or retained jobs or sales and/or increased investments with assistance from the New Hampshire MEP are responsible for:¹

·        Creating or retaining 3295 jobs that paid a total of $159.6 million in employee wages and benefits
·        Increasing or retaining economic output worth $600.6 million
·        Contributing or retaining $261.8 million of gross state product
·        Generating or retaining $87.2 million in additional tax and non-tax revenues at the
Federal, state, and local government levels, including $18.3 million at the state and local level

Stay Work Play Launches Web Site at Gala Party

Monday, October 11th, 2010

At their “sold out” launch party at Boynton’s Taproom last week, Stay Work Play officially launched their website with help from New Hampshire’s Super Secret Project, event sponsor Citizens Bank, Manchester Mayor Ted Gatsas, and attendees including young professionals and leaders from across the state.

(L to R) Chris Williams, Gray Chynoweth, Cathy Schmidt, Mayor Ted Gatsas, and Kate Luczko enjoy the festivities at Stay Work Play’s Website Launch party at Boynton’s Taproom last week. (Photo credit: Matthew Lomanno Photography)

(L to R) Chris Williams, Gray Chynoweth, Cathy Schmidt, Mayor Ted Gatsas, and Kate Luczko enjoy the festivities at Stay Work Play’s Website Launch party at Boynton’s Taproom last week. (Photo credit: Matthew Lomanno Photography)

The event, also a kickoff to a fall NH college campus tour, featured a live performance from The Super Secret Project. The Super Secret Project performed their newest release, “Middle Class in the USA” and also the New Hampshire-themed music video “Granite State of Mind” with a special Stay Work Play twist.

“Last night we started a bit of a revolution,” said Graham Chynoweth, co-chair of the Stay Work Play Board and Vice President of Business Operations & General Counsel at Dynamic Network Services, Inc. “StayWorkPlay.org is revolutionary because it is changing the way New Hampshire looks at itself and what others think of us. NH isn’t just a good place to start a family; it’s a great place to launch careers and start-up companies. It isn’t just a place to go camping; it’s a place to go to concerts. It’s not just a good place to retire; it’s a really cool place to live.”

Planned for the fall and winter, the college campus tour will bring entertainment to a few New Hampshire college campuses to engage students and encourage them to use the Stay Work Play web site at www.stayworkplay.org and organization as a resource for launching a career in New Hampshire. Stay Work Play is rapidly building a following on Facebook and Twitter and traffic has been building steadily since the beta launch of the site over the summer. The Stay Work Play website includes hundreds of links to other websites, as well as information, photos, and content that is divided into sections that relate to staying, working, and playing in New Hampshire. Special features include linkages to all of the young professionals networks across the state, to Facebook and Twitter feeds, a living index, and resources regarding  jobs in the state, housing, events, and activities.

“The Stay Work Play Initiative is especially important to Manchester since our city is the business capitol of the state and home to 11 colleges and universities, educating more than 15,000 students each year, “ said Chris Wellington, Marketing & Retention Specialist for the Manchester Economic Development Office. “The city looks forward to working with Stay Work Play to help retain these young professionals and provide them with the opportunities they need to prosper both professionally and personally. The greatest challenge facing New Hampshire is the perception that Boston provides the greatest professional opportunities for graduates and young professionals. Stay Work Play will provide the state with a voice to let students know that New Hampshire and Manchester can not only provide graduates and young professionals with the same professional opportunities as Boston but also an unmatched quality of life.”

Over the next several months, the organization plans to add in a customized events calendar, enhance the job search component, launch a video contest, and is partnered with Business NH Magazine for the “Rising Stars” Young Professional Award, an inaugural event that will recognize companies and individuals who excel at addressing the needs of younger workers in New Hampshire. Attendees at this event, being held at Red River Theatre in Concord, will hear keynote speaker Peter Egelston, president of Smuttynose Brewing Company, share his story and advice for NH’s young professionals and entrepreneurs. Plus after the event there will be an exclusive showing of a cult classic movie. The event is being held on November 8th from 5:30-7:30 p.m. Registration can be found at www.eventsNH.com or by calling (603) 626-6354.

Beckwood Services Named “Innovation Rocks!” Award Winner for October

Friday, October 8th, 2010

For developing products that help safeguard American interests at home and abroad, Beckwood Services has been named the “Innovation Rocks!” award winner by the New Hampshire Business Resource Center for the month of October.

beckwoodBeckwood, a contract manufacturer engaged in the design and manufacture of electronic controls and electromechanical equipment in the United States and Europe, was recently awarded a contract to provide components for Patriot Missile Fire Control Systems manufactured for the United Arab Emirates by Raytheon.

The Patriot Missile is the cornerstone of air and missile defense for 12 countries, including the U.S.

“Providing the components and sub-assemblies for this project is a huge coup not only for Beckwood Services, but for the state of New Hampshire,” said New Hampshire Division of Economic Development Interim Director Roy Duddy. “The Granite State has a long history of being home to businesses that create products that keep our nation free and we’re proud that Beckwood is carrying on that fine tradition.”

For more information about Beckwood Services, visit www.beckwood.com

“Innovation Rocks!” is an initiative sponsored by the New Hampshire Division of Economic Development’s Business Resource Center in coordination with Rock 101 (WGIR-FM) and the The Pavilion at the Hilton Garden Inn Manchester Downtown to celebrate the creativity and ingenuity of New Hampshire innovators.

Inaugural Flickers North Country Film Festival a Success

Thursday, October 7th, 2010

It’s always nice to be able to pass on good news about an inaugural event that finds success in the Granite State. With that in mind, I bring you the following press release from our friends at The Balsams Grand Resort which recently held the First Annual Flickers North Country Film Festival. Great job by Gary Armitage and the staff of the Balsams and special thanks to Public Service of NH for splitting a sponsorship package with the Division of Economic Development to support this economic development diversification project in the North Country.

INAUGURAL FLICKERS NORTH COUNTRY FILM FESTIVAL: A CRITICAL AND ARTISTIC SUCCESS– YEAR TWO ALREADY SCHEDULED

Dixville Notch, N.H. – (Oct. 6, 2010) – The inaugural FLICKERS North Country Film Festival (FNCFF) was a major success on all fronts. The first-time event exceeded expectations of the organizers, while attracting hundreds of visitors over four days; including filmgoers from throughout New England and filmmakers from Canada.  

flickers1The non-profit festival aims to promote New Hampshire’s Great North Woods as a regional center for the arts, and also benefits The Brattleboro Retreat, a mental health and addiction treatment center that provides a wide array of services for children and adults. 

“For a first-time event the film festival was an amazing success. We had filmgoers from across the New England region attending. People traveled from Montreal specifically for the festival,” said Gary Armitage, VP of Sales and New Business Development, and one of the festival’s organizers.  “Our goal is to continue to grow this festival so that it spreads out into local communities like Colebrook and throughout Coos County.” 

FNCFF is in partnership with the Rhode Island International Film Festival (RIIFF) one of the largest and most respected in the country.  Sixty films were screened at FNCFF, including 37 short films, 6 feature narrative films and 18 documentaries.  The international flavor of the Festival was reflected with 21 countries being represented.   

Highlights of the weekend included a presentation from Hollywood screenwriter Chris Sparling, whose credits include the recently released and critically acclaimed suspense thriller BURIED starring Ryan Reynolds, and an upcoming film produced by M. Night Shyamalan.  Sparling gave a presentation called “Making It” in the film industry that included the ups and downs of more than a decade of perseverance that paid off with his “overnight success” with BURIED.  (Portions of Sparling’s presentation can be seen on The BALSAMS Grand Resort Hotel and FLICKERS North Country Film Festival Facebook Pages). 

Other special guests at NCFF included actress and filmmaker Marlyn Mason, who has appeared in more than100 films and television shows with stars like Elvis Presley and Bruce Lee, as well as well-known filmmaker Paul Sanderson III of “Our Town Films” who created the PBS documentary “Augustus Saint-Gaudens: Master of American Sculpture.”  

“The FLICKERS North Country Film Festival built immediate momentum,” said George T. Marshall, one of the FNCFF organizers and founder/director of the Rhode Island International Film Festival.  “I have been organizing film festivals for nearly 30 years and this event has such amazing potential. This first year makes it clear that the FNCFF can grow to become a ‘destination’ festival.’ People will travel not only to see the incredible films, but experience the foliage and world-class cuisine in a relaxed atmosphere that you don’t find at other festival.”

Next year’s festival has already been scheduled for Thursday, September 29 through Sunday, October 2, 2011.  Plans to expand the festival that are being discussed include student judges from local schools and other community educational and cultural events.

Flickers North Country Film Festival – 2010 Awards

(Portions of the Awards Presentations with filmmaker speeches can be seen on The BALSAMS Grand Resort Hotel and FLICKERS North Country Film Festival Facebook Pages). 

Louise and Neil Tillotson Flickers North Country Film Festival Award

Celebrating the passion of creativity within the world of cinema and the arts: Flickers North Country Film Festival recognizes outstanding writers, directors, actors, and film talent for their contributions to this vital art form and who embody the spirit of Louise and Neil Tillotson.  Neil Tillotson was an entrepreneur and owner of The BALSAMS who started out by selling penny balloons during the Depression and built a business empire.  Neil and Louise were also generous philanthropists who supported a variety of causes including the Arts, children and education, and were dedicated supporters of the prosperity of the North Country of New Hampshire.

–          Chris Sparling – Writer/director

Sparling is the first recipient of this award, in part for his perseverance in overcoming a number of obstacles in his quest to become a writer/director and for his continued support of the Arts and student writers and filmmakers in his home state of Rhode Island through teaching and speaking engagements.

CRYSTAL IMAGE AWARD

Presented to an emerging artist whose outstanding work and vision epitomizes a new voice that must be heard; a filmmaker whose talent will have a positive impact in the future.

–          Sandra Boynton, Author/director

 ROGER WILLIAMS INDEPENDENT VOICE AWARD

Presented semi-annually to an outstanding artist whose vision promotes tolerance, compassion and understanding. Named after the founder of Rhode Island, Roger Williams, who established an American tradition of religious freedom and individual liberty that was encoded in The Bill of Rights. This award honors a truly unique American whose ethics, philosophy and conscience reflects that of Roger Williams, who provided a refuge from rampant religious persecution, an open door to all people; a safe harbor in a vast sea of tyranny and oppression

–          Marlyn Mason, Actor/Writer

 Best Feature

GRAND: Cup Cake, Directed by Colin McIvor, Ireland/United Kingdom, 2010

Best Documentary

GRAND: Afghanistan: Defying Silence, Directed by Stacia Teele & Ed Robbins, U S A / Afghanistan, 2009

Best Short

GRAND: Toute Ma Vie (The Story Of My Life), Directed by Pierre Ferriere FRANCE, 2009

FNCFF Emerging Filmmaker- Rhonda J Zabinsky, Vancouver, B.C, Canada
Healing on The Edge – 100m, Canada, Poland, 2010

FNCFF AUDIENCE CHOICE AWARDS

Best Feature

GRAND: “Listen to Your Heart ” Directed by Matt Thompson, Produced by Luke Moran and Kent Moran, USA, 2010 

Best Documentary

GRAND:  Just Like Us, Directed by Ahmed Ahmed, Egypt, Kuwait, Lebanon, Saudi Arabia, U S A, United Arab Emirates, 2010

Safety Products Company Finds Safe Landing in NH

Thursday, October 7th, 2010

A Massachusetts company dedicated to creating safety products has relocated to the safest state in the nation thanks to a favorable business atmosphere and the work of the State’s lead business recruiter.

atlantic-safetyPreviously based in Norwood, MA, Atlantic Safety Products has purchased the 78,000 square foot Pittsfield Weaving building in Pittsfield, New Hampshire. Pittsfield Weaving remains a tenant and Atlantic Safety Products will use a portion of the facility for East Coast distribution.

Atlantic currently employs ten people, some of whom will relocate to the Granite State and new local hires will be made as well. The company is known as the world-wide industry leader in hand protection. It manufactures the internationally acclaimed Lightning Gloves line, featuring the Black Lightning Glove, the first ever black nitrile glove made specifically for the automotive industry.

Atlantic Safety Products President David Dillon Jr. celebrates his company's relocation to Pittsfield, NH with NH Division of Economic Development Business Development Manager Michael Bergeron.

Atlantic Safety Products President David Dillon Jr. celebrates his company's relocation to Pittsfield, NH with NH Division of Economic Development Business Development Manager Michael Bergeron.

Most recently, Atlantic has been in the news as a result of its 5.5 pH technology that provides their gloves with a unique coating that adjusts to the natural pH of hands to reduce skin irritation.

“New Hampshire is a perfect fit for this small, family owned company,” said New Hampshire Division of Economic Development Business Development Manager Michael Bergeron who facilitated the relocation. “With responsive state and local leaders, a skilled workforce and unmatched quality of life, New Hampshire is a great destination for companies looking to make a positive change.”

For more information about Atlantic Safety Products, call Atlantic Safety Products President David Dillon Jr. at (603) 435-0003.

New Hampshire Conference for Women Scheduled

Monday, October 4th, 2010

A recent study by the Center for Women’s Business Research shows that women now own 40 percent of private firms and that women-owned businesses generate about $3 trillion in revenue and employ 16 percent of the workforce, making them significant players in the national economy.

In order to help spur the creation of new women-owned businesses and supporting existing firms, the New Hampshire Division of Economic Development, Public Service of New Hampshire and Women Inspiring Women will host the New Hampshire Conference for Women on Friday, October 29, 2010 from 8:00 a.m. to 4:00 p.m. at SERESC Conference and Training Center, 29 Commerce Drive, Bedford, NH.

“This is a great opportunity to not only celebrate the many outstanding female business leaders in the state, but to also encourage budding female entrepreneurs to make their business dreams a reality in the Granite State,” said New Hampshire Division of Economic Development Interim Director Roy Duddy.

women-in-businessThe day will include five educational sessions, exhibitors and networking and begins with the “Learn, Grow and Succeed” panel discussion featuring Cathy Schmidt, President of Citizens Bank NH, Beth Roberts – VP, Northern New England, Harvard Pilgrim Health Care, Teresa Rosenberger – NH State President of Fairpoint Communications and Deb Titus – Managing Director of Dale Carnegie NH. It will be moderated by Leslie Sturgeon of Women Inspiring Women.

Other sessions include “Turning a Transition into a Triumph” with Nancy McCabe, “Developing Your Personal Power” with Lauran Star Raduazo, and “Make More Time for You: End the Overwhelm” with Rosemary Tator. The day concludes with “Girl Talk: An Inspirational Conversation with Sharron McCarthy,” who is President of McLean Communications and serves as the publisher of New Hampshire Magazine, New Hampshire Business Review, New Hampshire Home Magazine and Parenting NH Magazine.

As a result of a generous contribution from the NH Division of Economic Development and Public Service Company of New Hampshire, the registration price is only $25 and includes lunch. NH Business Review is serving as the media sponsor for the event. Reservations are needed and space is limited. Contact Women Inspiring Women at (603) 744-0400 or visit www.wiwnh.com for more information and to register.

According to Leslie Sturgeon, founder and president of Women Inspiring Women, “This will not only be a day of inspiration, education and transformation but a day filled with fun surprises, exhibitors, door prizes and great networking as well.”

Women Inspiring Women was founded in 2007 in the Lakes Region by Sturgeon to give women of all ages and backgrounds an opportunity to get together at educational, fun and inspirational events on a monthly basis. Since that time the organization has expanded to Concord, Nashua, Manchester, Bedford and the Seacoast, hosts bi-weekly events, and quickly become the state’s largest organization for women’s empowerment, personal development and networking.

Export Licensing Seminar Scheduled

Friday, October 1st, 2010

Companies interested in shipping goods overseas are invited to attend an EAR and ITAR Licensing Issues workshop at the New Hampshire Division of Economic Development (172 Pembroke Road) on Thursday, October 21st from 9 a.m.-3:30 p.m.

international-trade-11Presented by the New Hampshire International Trade Resource Center, this seminar will include a discussion of licensing issues affecting both non-military products (regulated by Export Administration Regulations – EAR) and military products (regulated by the International Traffic in Arms Regulations – ITAR).

This session is perfect for businesses trying to determine whether a license is needed for shipment of products overseas and how to use the correct Export Control Classification Numbers on export documents.

EAR licensing issues will be covered during the morning session from 9 a.m.-noon while the ITAR licensing session takes place between 1-3:30 p.m. Registrants may sign up for just the morning session, just the afternoon session or both. Both sessions will include lunch from 12-1 p.m.

The cost of single sessions is $55 while the cost to attend the entire day is $95. To register, please contact Leanne Spees at (603) 271-8444 or leanne.spees@dred.state.nh.us

Administered by the New Hampshire Division of Economic Development’s Office of International Commerce, the ITRC plans, develops and administers programs for international trade promotion and foreign market development.  For more information about the ITRC, call (603) 271-8444, or visit their website at www.exportnh.org