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Economic Development Group Offers Free Video Services to Companies Affected by Japan Crisis

Thursday, March 24th, 2011

The Coastal Economic Development Corporation (CEDC), in partnership with the NH Business Finance Authority; the NH Community Development Finance Authority and the NH Division of  Economic Development has announced that it will offer free use of the Coastal Video Conference Center, located in Hampton, NH, to any New Hampshire business affected by the crisis in Japan.

video-conferenceIn announcing this service, Daniel Gray, CEDC’s Managing Director noted that, “Japan is NH’s 10th most active export partner. In 2009, for example, New Hampshire businesses exported $179 million in goods and services to Japan.  That’s a fairly significant piece of our State’s economic puzzle”.

The US Government has issued a statement that strongly urges U.S. citizens to defer travel to Japan at this time and urges that those in Japan should consider departing.

The Coastal Video Conference Center is a state-of-the-art telepresence system that offers high definition, multi-point video conferencing capabilities.  The dual screen system offers a platform that can connect up to six (6) locations simultaneously, with the ability to share content and presentations.  CEDC opened the Center in 2010.

“Video conferencing is becoming a trend under normal business circumstances”, said Gray.  “It’s a very economical, time-effective, and environmentally friendly way to arrange long distance meetings.  But, with the crisis in Japan, and with the resulting travel restrictions, video conferencing could just be the only way some New Hampshire businesses can replace those face-to-face meetings that absolutely need to take place.  While the two participants might not be in the same room, with the technology we are offering, they may as well be”.

The NH Business Finance Authority, the NH Community Development Finance Authority and the NH Division of Economic Development, have teamed together to provide grant funding and support to allow CEDC to offer the Center to affected businesses for free.

“New Hampshire is fortunate to have these forward-thinking agencies.  They came together quickly to address an unforeseen economic development problem, and their support will give New Hampshire businesses a tool to overcome challenges associated with this terrible tragedy.”, said Gray.

Companies interested in learning more about this new program should contact Coastal Economic Development Corporation at 603-929-9244 or videoinfo@coastaledc.org