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Archive for October, 2011

NH’s Top 100 Private Companies to be Honored Next Week

Tuesday, October 18th, 2011

Business NH Magazine host the fifth annual NH’s Top 100 Private Companies Reception at the Capitol Center for the Arts in Concord on Monday, October 24 from 5-7 p.m.

The reception features an awards ceremony for the Top 10 Private Companies in NH, the Five Fastest Growing Companies, and 10 Companies to Watch. The winning companies were also profiled in the September issue of Business NH Magazine. More than 400 business people from across NH, including members from all 100 Top Private Companies, are expected to attend.

The Top 10 Companies on this year’s Private 100 List are:
• C&S Wholesale Grocers Inc., Keene
• CCA Global Partners, Manchester
• Sprague Energy Corp., Portsmouth
• Associated Grocers of New England Inc., Pembroke
• Hypertherm, Hanover
• Red River Computer Company Inc., Claremont
• AutoFair, Manchester
• Grappone Automotive Group, Bow
• Atrium Medical Corporation, Hudson
• Hitchiner Manufacturing Co. Inc., Milford

The 2011 Five Fastest Growing Companies are: 
• EPE Corporation, Manchester
• North Branch Construction, Concord
• Namtek Corp., Bedford
• Wakefield Solutions, Pelham
• Adaptive Communications, Portsmouth

 The 2011 10 Companies to Watch are:
• Leading Edge Design Group, Enfield
• SmartFuel America, LLC, Seabrook
• RevereIT LLC, Nashua
• Bigcatcoffees.com, Franklin
• The Nagler Group, Bedford
• DYN, Manchester
• The Atom Group, Portsmouth
• Alexander Technology Group, Bedford
• Rustic Crust, Pittsfield
• Whaleback Systems, Portsmouth

The registration fee for the Private 100 Reception is $30. The reception is sponsored by FairPoint Communications, Harvard Pilgrim Health Care of New England, People’s United Bank, Comcast Business Class, Hanover Co-Op Food Stores and Sheehan Phinney Bass + Green PA. To register for the event, visit www.eventsNH.com or contact Business NH Magazine at (603) 626-6354.

Newforma Named October “Innovation Rocks!” Award Winner

Tuesday, October 18th, 2011

Today’s major construction projects often involve team members from around the world including building and infrastructure architecture, engineering and construction (AEC) firms, as well as project owners. One forward-thinking Manchester company is ensuring that the numerous teams and individuals working on AEC projects are connected seamlessly and securely to the work processes and project information they need—and in so doing, they’ve won the “Innovation Rocks!” presented by the New Hampshire Division of Economic Development for the month of October.

Newforma, a Manchester, New Hampshire-based company with offices in the UK and Netherlands, was founded in 2003 by a team of seven industry professionals who had decades of experience in software and the AEC field. Their goal: to develop software that architects, engineers, contractors and owners could use to manage project information that has been created by various best-in-class authoring applications and to streamline project process efficiency. The result is the Newforma® Project Information Management (PIM) solution which leverages a company’s existing IT infrastructure, streamlining work processes, improving responsiveness and supporting best practices.

In addition to the core solution, Newforma® Project Center, the firm has created a Newforma® Mobile for mobile web access to project information, as well as a contract and document change management module, a module for project financial and resource management for architectural and engineering project managers and executives, and a module to manage nongraphical information.

“Newforma shows how a relatively young New Hampshire company can have significant market impact,” said New Hampshire Division of Economic Development Interim Director Chris Way. “It’s only been a little over six years since the First Edition of their Project Center software was put out in limited release, and now Newforma’s software is being used by 49,000 licensed users in 620 companies across 10 countries to manage 650,000 projects. That’s innovation that works.”
For more information about Newforma, visit www.newforma.com.

“Innovation Rocks!” is an initiative sponsored by the New Hampshire Division of Economic Development in coordination with Rock 101 (WGIR-FM) to celebrate the creativity and ingenuity of New Hampshire innovators.

Ask CJ: On the Benefits of Flying With Angels

Monday, October 17th, 2011

Q: “I am looking to get some funding for my business and would like to see if angel investing might be a good fit.  What types of businesses do they invest in?”

A: When I joined the Division of Economic Development about a year ago, I had the same question.  Strangely enough, it wasn’t all that easy to get an answer.  After doing some research to respond to your question, I learned that I’m not the only person who has experienced difficulties getting information about angel investment groups.  These are private groups conducting private transactions so data is not easily accessible.  Angel groups also differ from one to the next so that too needs to be taken in account.

New Hampshire Division of Economic Development Seacoast Business Services Specialist Christine J. Davis

With that being said, I have some general information as well as some insight about a local angel group.  I reached out to Jeff Sohl, director of the UNH Center for Venture Research to learn more.  The Center was established in 1984 to provide research and expertise through the study of early stage equity financing for high growth ventures (www.unh.edu/cvr).  Both angel groups and venture capitalists differ from debt financing in that they typically are not repaid until an exit event such as the sale of the company, a merger or an initial public offering (IPO).  Venture capital groups tend to come into the scene for later stage, and often larger, financing where as the angel groups have a history of providing start-up capital.

Angels can be divided into one of three types; individual, informal group or formal group.  According to Sohl, 75% of angel investments are made through an independent angel.  Informal groups, such as the eCoast Angels, meet regularly to review deals, vet them and if a deal is deemed a good investment, it is presented to the entire group to see if there are individuals willing to fund the deal.  Formal angel groups will have an executive director and members often are required to make minimal yearly investments.  Active investors not only invest with members of their group but often with members of other organizations. 

Angel investment deals range from $100,000 to $1 million with the average deal size being around $300,000. The process takes around three months to complete.  With the changes in the market, angel groups are spending more time conducting their due diligence and hence less deals are being done and it is often taking longer than in the past.  The group will have their own particular investment criteria to consider as they review deals but they also look at the management team, business plan and the opportunities for an exit.  More risk is borne by an angel investor so the relationship and trust between the entrepreneur and the investor(s) is much more important than in other types of investing.  As Jeff puts it, “The entrepreneur has very few assets so you are really betting on the jockey and not the horse.”  Angels typically invest in a company that is geographically close as they often take an active role in the company which usually includes a couple of board seats.  The entrepreneur will need to be willing to give up some control if they are going to accept this type of financing.  If the angel group doesn’t think you are going to be open to their expertise and vision, you may not get funded even if you fit all of the other criteria. 

I also had the good fortune of spending some time with Rod Van Sciver who is a member of eCoast Angels, www.ecoastangels.com, a local angel investment group in Portsmouth.  I asked Rod about their investment criteria and what types of businesses best fit their investment strategies.  In addition to the requirements I mentioned above, he said that they also look for the entrepreneur to have a prototype or a patent before they get involved.  Prospective companies need to show the potential for high growth and therefore lifestyle businesses with limited growth opportunities would not fit.  Rod discussed the process in which a proposal is first pre-screened by one individual and then if it has legs it goes to a screening committee for further review.  If the majority like the deal, it goes out to the entire group and a “champion” is sought to lead the deal.  Due to the continuing economic jitters, the process has lengthened and could take up to six months to go from the initial meeting to the signing of the term document.  The group may also reach out to other angel groups to bring them in on the deal.  I asked about the demand for funding and Rod said they receive about 6-12 proposals each month and 80% of those are rejected. 

I also inquired about the amount of funding that has been taking place recently.  Last year the group invested around $3.5M with $2M being attributed to their eCoast deals and the other $1.5M going to other outside deals.  I thought this was interesting as I have heard a number of times that no one is investing right now.  When I inquired further, I learned that the $2M invested last year was all follow-on investing from previous deals.  This is a phenomenon that I read about in some of Jeff Sohl’s research as well.  With the economy and the lack of next-stage financing in the market, angels are increasingly providing later rounds of equity capital (Angel Investing:  Changing Strategies During Volatile Time, Jeffrey E. Sohl, 2006).  Angels are in fact investing; however, the increase in follow-on funding may be the reason why entrepreneurs are telling us that angel funding has dried up.

There are many different ways to fund a business.  There are even more factors involved in deciding not only which type of financing would fit your business but also which type of financing would fit your management style.  Don’t like debt?  Perhaps you will be better off bootstrapping it.  Don’t like sharing the decision making and direction of your company?  Perhaps debt financing is the right fit for you.  It’s just as important to know what is available as it is to know yourself and your comfort level with the different finance options available to you.

Whether you have been in business for 20 years or just getting started, we have the resources and the expertise to answer your questions. You can e-mail me at Christine.Davis@dred.state.nh.us. I look forward to hearing from you.

Christine J. Davis works for the N.H. Division of Economic Development as a resource specialist serving businesses in Rockingham and Strafford counties. Her role is to provide the support needed for businesses so that they may remain viable and growing entities in the community. Ms. Davis lives in Exeter with her two daughters.  When not performing her work or parenting duties she can be found on her bike, in her garden or headed down Water Street in Exeter with her girls to get an ice cream.

“Power Lunch” Provides Unique Access to Social Media Experts

Monday, October 17th, 2011

When most people hear the term “power lunch,” they think business suits, martinis and high pressure deals. At the 3rd Annual “A-Ha!” NH Social Media Business Summit scheduled for October 27th at Gunstock Mountain Resort in Gilford, “Power Lunch” means having a unique opportunity to pick the collective brains of social media experts across a wide range of backgrounds and disciplines.

Fittingly enough, Public Service of New Hampshire is the sponsor of the Summit’s luncheon which will see one expert per table providing their skills, expertise and advice in a smaller group setting.

“Social media is an incredibly important tool for businesses throughout the state, and we’re extremely pleased to be able to connect companies with the experts who can help them move their communications efforts forward,” said Public Service of New Hampshire Economic & Community Development Manager Pat McDermott. “The ‘power’ in this Power Lunch comes from having a chance to ask relevant questions of a uniquely talented group of professionals who are setting the tone in social media every day.”

The Summit, produced by Epiphanies, Inc. in coordination with the New Hampshire Division of Economic Development, will feature keynote speaker Abby Fichtner, Evangelist for Startups at Microsoft discussing how to “Follow Your Own Path” as well as:

Lou Bortone (online visibility expert) – “Let’s Get Engaged! The Dream Wedding of Online Video and Social Media”

Steve Boucher (New Hampshire Division of Economic Development Communications & Legislative Director) – “The No Bull Pursuit of Creativity in Business Blogging”

Nancy Clark (President and Owner Girl of the Glen Group) – “The Art of Fearless Storytelling”

Walter Elly (V2 Strategic Advisors) – “Social Media in Strange Places”

Ric Pratte (Meltwater Buzz Director) – “Where the Rubber Meets the Road: The Business Impact of Social Consumers”

Corissa St. Laurent (Constant Contact) – “Wonder Twin Powers….Activate! The Email and Social Media Super Duo”

Kevin Skarritt (CEO of Flock Marketing) – “Under the Influence: The New Social VIPs and Their Power Over Your Future”

Lani Voivod (Co-owner of Epiphanies, Inc.) – “Blip, Spurt, Dash: How to ‘A-Ha!’ Yourself and Your Biz With the Social Web”

Allen Voivod (Co-owner of Epiphanies, Inc.) – “Succeed in the Social Realm, You Will: 7 Jedi Strategies for Mastering the Social Media Force”

“This whole day is designed to be an electric, inspiring experience for attendees,” said event organizer Allen Voivod. “It’s a day to generate ideas, spark conversations and ignite positive, purpose-fueled action. It’s going to help you raise your marketing and success game overall, and raise your team and your business up with you.”

The registration fee for the 3rd Annual “A-Ha!” New Hampshire Social Media Business Summit is $75. For additional details, visit www.AhaNH.com.

Presentations announced for the “A-Ha!” NH Social Media Business Summit

Friday, October 14th, 2011

"A-Ha!" NH Social Media Business SummitThe 3rd Annual “A-Ha!” NH Social Media Business Summit is just two weeks away, on Thursday October 27th at Gunstock Mountain Resort in Gilford. Produced by Epiphanies, Inc. in coordination with the NH Division of Economic Development, the team at Epiphanies has just announced the full presentation list by speakers from Microsoft, Constant Contact, the Meltwater Group, and more.

Check out the list, and if you plan to sign up, today (10/14) is the last day to get 50% off your tickets. Register online at http://ahanh11.eventbrite.com. It’s a full-day experience that’s not just about “social media.” It’s about how to succeed and create new opportunities using the tools and platforms that continue to revolutionize the way we all do business, interact with customers, and change the world.

Speakers and Presentations:

“Follow Your Own Path”

Keynote speaker Abby Fichtner, Evangelist for Startups at Microsoft

Let’s Get Engaged! The Dream Wedding of Online Video and Social Media”

Online visibility expert Lou Bortone

The No Bull Pursuit of Creativity in Business Blogging”

Steve Boucher, NH DED Communications & Legislative Director

The Art of Fearless Storytelling”

Nancy Clark, President and Owner Girl of Glen Group

Social Media in Strange Places”

Walter Elly of V2 Strategic Advisors

Where the Rubber Meets the Road: The Business Impact of Social Consumers”

Meltwater Buzz Director Ric Pratte

Wonder Twin Powers…Activate! The Email and Social Media Super Duo”

Corissa St. Laurent of Constant Contact

“Under the Influence: The New Social VIPs and Their Power Over Your Future”

Kevin Skarritt, CEO of Flock Marketing

Blip, Spurt, Dash: How to ‘A-Ha!’ Yourself and Your Biz With the Social Web”

Lani Voivod, Co-owner of Epiphanies, Inc.

Succeed in the Social Realm, You Will: 7 Jedi Strategies for Mastering the Social Media Force”

Allen Voivod, Co-owner of Epiphanies, Inc.

During lunch at the Summit, the Featured Speakers will be sitting at different tables throughout the conference room for table talks – small group sessions where you can ask questions about their specific areas of expertise. Think of it as a “Power Lunch,” made possible thanks to a partnership with Public Service of NH.

Your ticket price includes a continental breakfast, a full lunch, refreshments, and networking time, too. To keep your mood high and the social vibe going strong, popular NH singer/songwriter Jim Tyrrell will be playing live music throughout the whole event. Gunstock is also hoping to open its 3,900-foot zip line – the longest in the continental U.S. – before the event, so you may even get to see it in action while joining us for drinks, socializing, and fantastic door prizes in the Gunstock “Powder Keg” Pub at the end of the day.

It’s going to be a great day and a great event, and we hope to see you there!

On-the-Job Training Offers Employers Up to 90% Wage Reimbursement

Wednesday, October 12th, 2011

New Hampshire employers needing new hires can utilize a program that reimburses up to 90% of a new employee’s wages for up to six months of training.

The On-the-Job Training program is offered through the Department of Resources and Economic Development’s Office of Workforce Opportunity.

“While New Hampshire’s unemployment rate is well below the national average, there are still many skilled workers looking for full-time employment,” said Jackie Heuser, Director of the Office of Workforce Opportunity. “The On-the-Job Training opportunity provides employers with a great incentive to hire workers who are eager, trainable and available to re-enter the workforce.”

The training wage reimbursement applies to new hires who have been unemployed 18 weeks or longer. “The average duration of unemployment for a New Hampshire worker is currently over 16 weeks, so we know there are many highly skilled people without work through no fault of their own,” said Heuser. “The On-the-Job Training program provides an incentive to hire such men and women who only need some training to fit the particular job requirements.” For a business with 50 or fewer employees, up to 90% training wage reimbursement is available; a business with 51 to up to 250 workers can receive up to 75 percent; and a business with more than 251 employees up to 50% by utilizing the On-the-Job Training program.

“A key component is that employers are provided a list of qualified candidates, and the employer interviews and makes the selection,” said Heuser. “This is a classic ‘win-win’ situation, where a New Hampshire business owner can be reimbursed while training a new employee they select for their growing company. In addition, the unemployed worker now has a job, pays taxes, and returns to the skilled workforce New Hampshire needs to compete.”

The program can also be combined with other reimbursable job training funds designed to encourage employers to hire both trainable and skilled workers.

Heuser added that several employers have first used the state’s “Return to Work” program to test possible employees’ skills (while the trainee collects unemployment benefits); then entered into the On –the-Job Training reimbursable wage program; and continued employee training with New Hampshire’s very successful Job Training Fund.

For more information on the On-the- Job Training wage reimbursement program, contact Maggie Hinkle, Job Placement Coordinator at 603-889-0531 Ext. 3108 or mhinkle@snhs.org.

The NH Advantage Explained by Our Neighbors

Tuesday, October 11th, 2011

What’s the “New Hampshire advantage?” There are many interpretations put forth by economists, elected officials and economic development practitioners, but it’s interesting to hear what our neighbors think.

With that in mind, check out this recent op-ed by Connecticut State Senator Rob Kane:

“It’s a 25 percent pay hike”
By State Sen. ROB KANE

Whelen Engineering Co. is the only major U.S. manufacturer of emergency warning equipment that still makes its products entirely in the United States, with manufacturing operations in New Hampshire and Connecticut.

Why do I bring this up?

Because Whelen’s CEO has been steadily putting more focus into New Hampshire and less on Connecticut.


He said New Hampshire has certain qualities that Connecticut doesn’t have.

And what are those?

Low taxes, little regulation, a legislature “that works for a living and understands what it takes to be competitive,” and a governor who is “a professional manufacturer and he’ll do anything for it.”

I use this example because this is a business owner whose operation is split between two states. Whelen’s CEO has a unique vantage point, and he said something that should make us all sit up and take note.

“When I bring an employee from Connecticut to New Hampshire,” he said, “it’s a 25 percent pay hike.”

Think about that statement for a minute. It shows that Connecticut is losing the battle to stay competitive with our fellow northeastern states. We tax too much. We spend too much. We overburden our businesses. While our legislature was busy passing record tax hikes, raising government spending and imposing burdensome mandates on businesses, we fell behind our competition.

So can we turn it around?

It will take some time and it will require some new faces at the State Capitol, but I think that eventually, we can.

This week, I met with several of my fellow Republican legislators at the Greater Waterbury Chamber of Commerce Office. We had one topic of discussion:

What can we do as policy makers to spur this stalled economy and create an environment that fosters job growth?

Our focus is getting sharper as we approach Oct. 26. That’s when our special “Jobs Session” of the Connecticut General Assembly will take place. You won’t see major tax cuts take place, but at least we are talking about jobs and job creation now.

Make no mistake. We are losing jobs because of the four points made by Whelen’s CEO. The question is, will pro-business Democrats join Republicans to stop the bleeding?

As always, I welcome your thoughts, comments and suggestions at rob.kane@cga.ct.gov

State Sen. Rob Kane, www.senatorkane.com, represents the 32nd Senatorial district, which includes the communities of Bethlehem, Bridgewater, Middlebury, Oxford, Seymour, Southbury, Thomaston, Roxbury, Watertown and Woodbury.

Ragged Mountain Resort Approved for EB-5 Investment

Tuesday, October 11th, 2011

The U.S. Citizenship and Immigration Services (“USCIS”) has designated the New Hampshire EB-5 Regional Center, LLC as an approved regional center under the Immigrant Investor Pilot Program for the towns of Andover, Hill, Danbury, Wilmot, New London, Sutton and Newbury. This designation will enable the New Hampshire EB-5 Regional Center to solicit investments in approved Capital Investment Projects by non-U.S. citizens at a minimum of $500,000 each, which investment must be used to spur job creation.

Along with the regional center designation, USCIS designated the Pacific Group’s Ragged Mountain Resort Project in Danbury, New Hampshire, as an approved Capital Investment Project.  Ragged Mountain Resort is expected to raise at least $35 million in new investment through the EB-5 program to renovate, expand, develop and operate the ski resort, creating at least 700 new jobs. 

“We have one of the fastest growing economies in the United States and our workforce ranks among the best educated in the nation, which makes New Hampshire attractive to investors. This designation creates even more opportunities to invest in New Hampshire and its people. It will help expand and strengthen one of our great skiing destinations, Ragged Mountain Resort, and help create jobs,” Gov. John Lynch said.

“We are confident that once prospective immigrant investors learn about Ragged Mountain Resort and its approved Capital Investment Project, they will be excited about the opportunity,” added David Strong, President of the New Hampshire EB-5 Regional Center and Manager of the Pacific Group. “Our experienced leadership and development team, including the Regional Center’s founder, the Pacific Group, make Ragged Mountain a project that prospective EB-5 investors can trust to provide the jobs and return they expect.”
The Pacific Group has been responsible for billions of dollars in commercial real estate development and construction of resort properties. Its management, affiliates and partners have constructed more than 1,000 projects throughout North America, including Empire Pass at Deer Valley, Utah; Copper Mountain Village, Colorado; Wolf Creek Ranch, Utah; Village at Squaw Creek, Lake Tahoe, CA; Village at Mammoth, CA; and Ritz Carlton North Shore, Vancouver, Canada.

George Bald, Commissioner of the New Hampshire Department of Resources and Economic Development, said, “We congratulate the New Hampshire EB-5 Regional Center and the Pacific Group on their efforts, which have led to obtaining this important designation. Once the investment is secured, Ragged Mountain should be on its way to becoming one of the premier four-season resorts in the East.” Michael Bergeron of the New Hampshire Division of Economic Development provided guidance and assistance throughout the application process.

EB-5: Investment + Immigration
The EB-5 program was created by Congress in 1990 as a way to attract foreign entrepreneurs to invest in U.S. businesses in exchange for immigrant visas. By investing either $500,000 or $1,000,000 in a new or troubled business and by creating a minimum of 10 jobs for U.S. workers, an alien investor can obtain green cards for himself and his immediate family. 10,000 immigrant visas are allocated through the EB-5 program annually, but these have been greatly underutilized in the past. The category has been growing in popularity.  In 2008 just 1,443 visas were obtained, which surged to 4,218 visas obtained in 2009, but the number decreased in 2010 to 1,885. In both 2009 and 2010, the greatest numbers of EB-5 visas were issued to investors from China, South Korea, Great Britain/Northern Ireland and Taiwan.

There are two ways for an alien investor to obtain lawful permanent resident status under the EB-5 category: through the Basic Program or the Regional Center Pilot Program.
While the Basic Program requires investment in a commercial enterprise located anywhere within the U.S., the Regional Center Program requires investment in a regional-center-affiliated, new commercial enterprise or a troubled business within a designated regional center. (Regional Centers are USCIS-designated geographical locations defined as economic units, public or private, involved with the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment.) The Basic Program requires that the aliens’ investment directly create 10 new full-time jobs, whereas this requirement in Regional Center Program may be satisfied by indirectly created job opportunities to the local job market due to the investment. Most of the EB-5 visas in the past year were issued through Regional Center Programs, such as the New Hampshire EB-5 Regional Center and the Ragged Mountain Resort Project.

For more information on the New Hampshire EB-5 Regional Center, visit www.NewHampshireRegionalCenter.com or call 603-768-5700. For more on creative funding opportunities and other business assistance, contact the New Hampshire Division of Economic Development at 603-271-2591.

New Hampshire SBA Lending Increases in 2011

Tuesday, October 11th, 2011

Small businesses throughout the Granite State continued to make gains in accessing vital capital through a growing number of lenders who employed loan guarantees for U.S. Small Business Administration (SBA) loans.  The increased lending activity was intense during the first three months of the year. 

New Hampshire SBA Office District Director Greta Johansson

In New Hampshire, fiscal year 2011 saw over $150 million dollars injected into small businesses through 762 loans approved using the SBA’s loan guarantee programs.  This represents a 33% increase in total dollars loaned to small businesses when compared to 2010 and a 70% increase in SBA guaranteed loans since 2009.  The increase in New Hampshire lending is comparable to the nation-wide increase in SBA activity, which set an all time $30 billion record.

Greta Johansson, District Director of the New Hampshire SBA Office commented, “I am greatly encouraged by the results for the 2011 fiscal year.  The data demonstrates that our SBA lenders throughout the state are actively looking for opportunities to lend to qualified small business owners.”  The 2010 Jobs Act provided temporary enhancements that spurred loan activity during the fall; permanent provisions, however, including a substantial increase in lending limits, helped SBA loan growth continue through the year.

In fiscal year 2011, 762 SBA guaranteed loans were approved for New Hampshire businesses.   The total value of the financing included approximately $50 million for the acquisition or real property and fixed assets through the SBA 504 program.  In addition, 645 loans approved through the SBA 7a program for nearly $100 million providing funds used for predominantly for working capital and new equipment purchases.  This is the highest level of SBA financing in the state since fiscal year 2006. 

The capital provided through SBA loans goes directly into the hands of small businesses that are saving and creating jobs each day.   The loans are used to provide working capital, financing for new equipment purchases, business acquisitions and real estate purchases.

In concluding her comments on the 2011 year end results Johansson continued, “It is a good sign that small business owners in our state continue to increase their financial commitments in their businesses.  In like fashion, our community banks and credit unions in growing numbers have responded to their small business clients through the use of SBA’s loan guarantee programs when needed. We look forward to 2012 as a year where these positive trends continue.”

Seacoast Business Expo Slated for October 20th

Tuesday, October 11th, 2011

The Seacoast Business Expo, the largest business networking event of the year. This event takes place on Thursday, October 20th from 4:00 p.m. to 7:00 p.m. at the Celestica Building, 72 Pease Boulevard on Pease Tradeport in Portsmouth.

Each year this one-of-a-kind event brings together dozens of businesses and hundreds of contacts, giving all the opportunity to effectively connect with hundreds of potential business partners during the 3-hour event.

The Seacoast Business Expo is presented by the Seacoast Chamber Alliance, a collaboration of  members from the Dover, Exeter, Hampton, Portsmouth, Rochester and Somersworth Chambers. The Alliance is designed to enhance membership value, to promote regional economic development, and to reduce expenses for the independent chambers by realizing economies of scale.

Executive directors from the participating chambers are excited to have the Alliance take center stage at the premier networking event on the Seacoast. Last years event drew hundreds of people for an evening of networking and camaraderie. Business connections truly happen at the Seacoast Business Expo.

Public Service of New Hampshire is the event underwriter. This year’s gold sponsor is Service Credit Union. Other event sponsors include Daystar, D.F. Richard Energy and Unitil.

Exhibitor space is currently available for this event. For more information on exhibiting at the Expo, please contact the Exeter or Hampton Chambers at 772-2411 or 926-8718.

Partners include Clear Channel Communications and Gentle Giant Moving Company.

A variety of local restaurants will provide hors d’oeuvres, and there will be a cash bar. Cost is $12 for pre-registered Chamber members, $20 at the door. To attend, register online at seacoastexpo.com.

Businesses interested in exhibiting should contact Krysta at the Exeter Area Chamber at 603/772-2411.