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Small Business Survival Guide

Published Friday Jul 17, 2020

Author Compiled By Matthew J. Mowry

Small Business Survival Guide

Businesses across the state are struggling with uncertainty and how conducting business in the year ahead may affect the bottom line.

Whether a business will require financing to keep the doors open or to fund growth, they’ll need to know who and what is available to them. To help, Business NH Magazine has compiled a list of resources in NH to assist small businesses, many of which are free or low-cost.

NH Business Finance Authority (BFA)
2 Pillsbury St., Suite 201, Concord, NH 03301
603-415-0190
nhbfa.com

Working with the state’s banking, business and economic development agencies, the BFA develops programs to increase credit availability throughout NH.

Aid to Local Development Organizations: Offers gap financing to expanding companies and provides additional funding to local development organizations they need additional loan capacity.
Contact Name, Title and Email: Jeremy Stanizzi, senior credit officer, jeremys@nhbfa.com

Business Energy Conservation Revolving Loan Fund: Provides direct loans to businesses to complete cost-effective energy efficiency improvements. Loans: $100,000 or more
Contact Name, Title and Email: Jeremy Stanizzi, senior credit officer, jeremys@nhbfa.com

Capital Access Program (CAP): Provides rapid-turnaround loan guarantees for startups, non-profits, and business expansions with annual revenues of less than $5 million. Loans: Up to $200,000.
Contact Name, Title and Email: Jeremy Stanizzi, senior credit officer, jeremys@nhbfa.com

Guarantee Asset Program (GAP): Provides financial guarantees to capital-intensive businesses. Loans: Up to $10 million; businesses must provide collateral with a market value appraisal of 1.25 times the loan amount. Up to 90% of the loan is guaranteed by the BFA.
Contact Name, Title and Email: Jeremy Stanizzi, senior credit officer, jeremys@nhbfa.com

Industrial Development Bonds (IDB): Provides below market-rate financing for the borrower and federal tax-free income for the lender.
Contact Name, Title and Email: James Key-Wallace, executive director, JamesKW@nhbfa.com

Working Capital Asset Guarantees (WAG): Working capital line of credit guarantee. Loans: Up to $2 million with up to 75 percent guaranteed by the BFA.
Contact Name, Title and Email: Jeremy Stanizzi, senior credit officer, jeremys@nhbfa.com

Temporary Loans to Businesses (TLB): Provides direct bridge loans to NH businesses who need access to temporary loan capital. Loans up to $2,000,000.
Contact Name, Title and Email: Jeremy Stanizzi, senior credit officer, jeremys@nhbfa.com


U.S. Dept. of Agriculture Rural Development
10 Ferry St., Suite 218, Concord Center, Concord, NH 03301
rd.usda.gov/nh

Provides loans, grants and loan guarantees to assist communities and businesses in rural areas.

Business and Industry CARES Act Program: Loans eligible for guarantee must be used as working capital to prevent, prepare for or respond to the effects of the coronavirus pandemic. The loans may be used only to support rural businesses—including agricultural producers not eligible for FSA loans—that were in operation on Feb. 15, 2020. Loan guarantee: 90% for working capital loans up to $25 million.
Contact: Elijah Massey, business programs specialist, elijah.massey@usda.gov,  802-828-6081

Business and Industry Loan Guarantee Program: Guarantees loans to support conventional financing providers that assist rural businesses. Startups, property and equipment acquisitions, restructures and working capital are examples of eligible purposes. Loan guarantees: 80% up to and including $5 million; 70% for loans greater than $5 million up to and including $10 million; 60% for loans greater than $10 million up to $25 million.
Contact: Elijah Massey, business programs specialist, elijah.massey@usda.gov,  802-828-6081

Intermediary Relending Program: Makes loans to qualified intermediaries, which in turn make loans to businesses in their designated service areas, typically in the $15,000 - $150,000 range. Visit nhcdfa.org and click on resources to access a list of regional development corporations that can assist in identifying an intermediary that serves a particular region. Loans: up to $250,000.
Contact: Heather Gronlund, business program specialist, heather.gronlund@usda.gov, 603-223-6041

Rural Broadband Access Loan and Loan Guarantee: Furnishes loans and loan guarantees to fund construction costs and improvement or acquisition of facilities and equipment needed to provide broadband service in eligible rural areas. Loans: up to $150,000.
Contact: Timothy Brooks, general field representative, timothy.brooks@usda.gov, 307-763-8900

Rural Business Development Grant Program: Public entities (nonprofit corporations, municipalities, institutions of higher education) can receive grants supporting projects that benefit small and emerging businesses in rural areas. Examples of eligible projects include training and technical assistance, distance adult learning for job training and advancement, rural transportation improvement, community economic development, feasibility studies and business plans. Grants: up to $30,000.
Contact: Cindi Gelinas, business programs specialist, cindi.gelinas@usda.gov, 603-223-6037

Rural Energy for America Program: Helps agricultural producers and rural small businesses reduce energy costs and consumption through the purchase and installation of renewable energy systems and energy-efficiency improvements. Provides funding in a variety of formats: Loan guarantees on loans up to 75% of total eligible project costs; grants for up to 25% of total eligible project costs; and combined grant and loan guarantees. Loan guarantee: 85% for loans of $600,000 or less; 80% for loans greater than $600,000 up to and including $5 million; 70% for loans greater than $5 million up to and including $10 million; 60% for loans greater than $10 million up to $25 million.
Contact: Ken Yearman, business program specialist, kenneth.yearman@usda.gov, 802-828-6070

Value-Added Producer Grant Program: Helps independent producers, producer groups, farmer cooperatives and majority-owned, producer-based businesses with development of business plans, feasibility studies and working capital for processing and marketing project implementation. Grants up to $75,000 for planning and $250,000 for working capital available.
Contact: Elijah Massey, business programs specialist, elijah.massey@usda.gov,  802-828-6081


U.S. Small Business Administration (SBA)

NH District Office
55 Pleasant St., Suite 3101, Concord, NH 03301
603-225-1400
sba.gov/nh
NewHampshire_DO@sba.govTwitter: @SBA_NH
Rachael Roderick, acting district director
Rachael.roderick@sba.gov

The U.S. Small Business Administration provides resources and support to help entrepreneurs and small business owners start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations.

 

U.S. Small Business Administration (SBA)

With the exception of the disaster program, the SBA does not lend directly to small businesses; but, instead, guarantees loans issued through other lenders. For more a list of lenders visit, visit sba.gov/nh or call 603-225-1400.

Programs

 

Description

7(a) Loan Guaranty
Serves as the SBA’s primary business loan program to help qualified small businesses obtain financing when they might fall outside conventional small business lending parameters

 

Regular 7(a)

For loans up to $5 million. Funds may be used for most business needs. Real estate must be occupied by the small business.

SBA Express

For loans up to $350,000. The program authorizes SBA Express lenders to use mostly their own forms, analysis and procedures to process, service and liquidate SBA guaranteed loans. SBA guarantees up to 50% of a loan. 

Export Express: Loans issued by a commercial lender to assist small businesses with export development and promotion activities, with a maximum loan amount of $500,000. SBA guarantees up to 90% for loans under $350,000; 75% for loans greater than $350,000.

CAP Lines  

Line of Credit Program: Finances working capital, contract-based, seasonal and builders’ capital needs.

Export Working Capital Program

Provides pre- and post-export working-capital financing for export sales. It is transaction-based and can be a revolving line of credit or structured for each purchase order, shipment, or contract. The loan may not be used for refinancing, fixed assets, marketing or setting up operations abroad. Maximum loan size is $5 million.

7(M) Microloan

Provides small loans up to $50,000. SBA makes funds available to nonprofit intermediaries that then make loans directly to entrepreneurs.

SBA 504

Provides long-term, fixed-rate, subordinate mortgage financing for acquisition and/or renovation of capital assets, including land, buildings and equipment. Virtually all types of small businesses are eligible. Real estate must be occupied by the small business. Maximum is $5 million and $5.5 million for manufacturers.

Disaster Recovery Assistance for Covid 19:

The SBA is offering six months of principal and interest forgiveness payments on all loans made and disbursed by Sept. 27, 2020. SBA Express loans are extended to allow for loans up to $1 million through Dec. 31, 2020.

SBA EXPORT FINANCING PROGRAMS
https://www.sba.gov/business-guide/grow-your-business/export-products603-225-1400
Phillip Frechette, international trade loan officer

SBA Export Express Loans
Streamlined process for eligible lenders to assist small businesses with any activity to support export development with a maximum loan amount of $500,000.

SBA Export Working Capital Program 

Offers guarantees to lenders on loans up to $5 million to support a company’s short-term working capital needs for export-related sales. 

International Trade Loan Program

Provides lenders with a guarantee on loans up to $5 million for real estate, working capital and/or equipment that help businesses expand or develop export markets.

SBA Resource Centers in NH

Center for Women & Enterprise
500 Commercial Street, Suite 502, Manchester, NH 03101
603-318-7580
CWEONLINE.org
Info.NewHampshire@CWEonline.org
Chandra Reber, director

• Delivers education and training programs both in-person and online at no or low cost on many business topics including start-up, financing, marketing, and more.

• Supports financial education.

• Creates networking opportunities.

• Provides cost-free, one-on-one confidential business advising statewide.

NH Small Business Development Center (NHSBDC)
603-862-2200
NHSBDC.org
nh.sbdc@unh.edu
Liz Gray, state director

Provider: U.S. Small Business Administration, NH Department of Business and Economic Affairs, UNH Peter T. Paul College of Business and Economics, and private sector.

The SBDC has business advising centers located in: Dover, Laconia, Keene, Manchester, Nashua, Plymouth, Portsmouth, Wolfeboro and multiple satellite locations in the North Country region.

• Fulltime certified business advisors provide one-on-one, confidential, advising services at no cost to NH enterprises.

• e-Learning program offers more than 20 online courses covering a range of small business topics.

• Business Sustainability Program helps businesses create best management practices to reduce operational risk and increase profitability

SCORE NH
603-724-7569
SCOREnh.org
Kerry Pfrimmer, District Director
kerry.pfrimmer@scorevolunteer.org

More than 200 mentors and specialists provide free, confidential mentoring and training to support owners of small businesses to start, grow, manage and maintain their companies. Specialized help for re-starting and managing a business during the COVID-19 pandemic. 

• Provides free business mentoring and advice.

• Offers low or no cost local and on-line business training.

• Shares free business resources, templates, and solutions at score.org. 

• Guides existing small business with online business assessment tool.

SCORE Mentoring Locations:
Lakes Region
Lakesregion.score.org
603-409-4510

Merrimack Valley Region
Merrimackvalley.score.org
603-666-7561

Monadnock Region
Monadnock.score.org
603-352-0320

Mt. Washington Valley Region
Mtwashington.score.org
603-447-4388

Seacoast Region
Seacoast.score.org
603-433-0575

Upper Valley Region
Uppervalley.score.org
603-448-3491

Veterans Business Outreach Center of New England
401-427-6536
VBOCnewengland.org or, to request counseling, sba-vboc.ecenterdirect.com/signup
Brian Lafauci, interim director
blafauci@cweonline.org
A program empowering transitioning service members, veterans and military spouses to start and grow businesses. The center provides:
Training and mentoring to service members and military spouses.
Technical and financial skill development.


NH Community Development Finance Authority (CDFA)
603-226-2170
nhcdfa.org
contact@nhcdfa.org

Clean Energy Fund: Loan and credit enhancement program for businesses to finance energy efficiency improvements and/or renewable energy generation projects. Funds are also available to conduct energy audits.
Contact: Scott Maslansky, director of clean energy finance, smaslansky@nhcdfa.org

Community Development Block Grants: Grant program focused on supporting community development projects that primarily benefit low- and moderate-income persons or households. Funds can be used to support eligible activities related to housing, public facilities, emergency and planning needs within communities.
Contact: Shelley Hadfield, director of housing and community development, shadfield@nhcdfa.org.

Economic Development Grants and Loans: Competitive program to help create jobs that provide good wages, benefits, and training programs. Funds can also be used for acquisition of land and buildings, construction of commercial buildings, purchase of machinery and equipment, employee training, and public facilities improvements. Applications are accepted on a first-come, first-served basis.
Contact: Kevin Peterson, director of economic development, kp@nhcdfa.org

Pre-development Loan Program: Loans of up to $100,000 are available to help businesses, municipalities and nonprofit organizations prepare local development projects for funding and implementation. Eligible activities include studying the feasibility of renovating a downtown building, gathering public input on a project idea, developing a business plan for a new facility or seeking planning and zoning approval.
Contact: Kevin Peterson, director of economic development, kp@nhcdfa.org

Tax Credit Program: Awards tax credits to nonprofits for projects that advance local community economic development goals and build capacity within the NH nonprofit sector. New Hampshire businesses support selected projects by purchasing the tax credits, resulting in the nonprofit receiving a donation and the company receiving a 75% state tax credit against that contribution.
Contact: George Hunton, director of tax credit programs, ghunton@nhcdfa.org


Community Development Companies

 

These nonprofit groups offer small businesses long-term, fixed-rate loans for acquiring land, buildings and equipment and for building, modernizing or restoring facilities and sites.

Contact/Phone
Website/Email

Programs

Projects

Capital Regional Development Council (CRDC)
603-496-1875
crdc-nh.com sheavener@crdc-nh.com
Stephen Heavener, executive director

SBA 504 Loans: Second-mortgage, fixed-rate loans for land, building, machinery and equipment. Companies throughout NH are eligible.

Up to $5 million. Loans to small manufacturers up to $5.5 million.  Loans not to exceed 40% of the project cost.

 

CRDC Direct Loans: Small business loans for real estate, equipment and working capital.

Up to $200,000.

Granite State Economic
Development Corp.
603-436-0009
granitestatedev.com

SBA 504 Program: Fixed-asset loans to small businesses, usually for real estate or equipment.

Up to $5 million. Loans to small manufacturers up to $5.5 million. Not to exceed 40% of the 

project cost.

Northern Community
Investment Corporation (NCIC)
Jon Freeman, President
802-535-7229
ncic.org
jfreeman@ncic.org

Retain Cash Equity During Growth: NCIC subordinate lending solutions can reduce the typical 20% cash participation to only 5% when equipment purchases or real estate expansion or purchases are being made.

Projects from $500,000 to $3,500,000

 

Financial Packaging: NCIC fee-based service adds expertise and capacity for the development of financial solutions for manufacturing, retail, healthcare, etc., operating as for-profit and nonprofit along with municipalities, through to the closing of financing.

Projects greater than $10million.

 

Business Professional Services: NCIC often has a capacity to share the cost of professional services for North Country business.  Commonly supporting website development, training, marketing, architectural services and more.

Call for details.


Regional Development Corporations

Belknap Economic Development Council
603-524-3057
belknapedc.org
info@belknapedc.orgContact: Justin Slattery, executive director
justin@belknapedc.orgCommunity Development Block Grant (CDBG) Loan Program: Emphasis on working with borrowers who will create jobs that will benefit low- and moderate-income workers. Loans: Up to $500,000.
Economic Revitalization Zones: Four zones offering state tax credits for investment and job creation: O’Shea Industrial Park in Laconia, Lakes Business Park in Laconia/Gilford, downtown Laconia and industrial zoned property in Center Barnstead.
Enterprise Loan Fund: Flexible finance program designed to assist microenterprises. Loans: $5,000 to $25,000.
Intermediary Relending Program: Supplementary capital for the preservation and creation of employment opportunities. Loans: Up to $250,000.
Main Street Loan Program: Loans for businesses in any central business district in Belknap County. Can be used for working capital, inventory and leasehold improvements. Loans: Up to $10,000.

Capital Regional Development Council (CRDC)
603-496-1875
crdc-nh.com
sheavener@crdc-nh.comStephen Heavener, executive director
The CRDC is also one of three community development corporations in NH. Its RDC territory includes direct portfolio lending in all of Sullivan County, all of Merrimack County and eight communities in Hillsboro County (Goffstown, Manchester, Bedford, Weare, Amherst, Hollis, Mt Vernon and New Boston.)
CRDC Direct Loans: Small business loans for real estate, equipment and working capital. Loans:  Up to $200,000

Coastal Economic Development Corporation
Hampton
603-929-9244
coastaledc.org
Daniel Gray, managing director
dgray@coastaledc.orgCommunity Development Block Grants: Works with borrowers who will be creating jobs that benefit low- and moderate-income employees. Loans: $125,000 to $500,000.
Rural Development Intermediary Relending Loan Fund: Works with borrowers who will be creating jobs that benefit low- and moderate-income employees. Loans: $25,000 to $125,000.
Seacoast Revolving Loan Fund: Works with borrowers who will be creating jobs that benefit low- and moderate-income employees. Loans: $20,000 to $100,000.

Coos Economic Development Corporation (CEDC)
Lancaster
603-788-3900
coosedc.org
Lise Howson, executive director
execdirector@coosedc.org
Business Technical Assistance: Business Coaching (business planning, creating efficiencies, altering business to meet the needs of today’s consumers); financial check-ups (cash flow projections, QuickBooks assistance, analysis of business’s ability to take on debt); business evaluation (purchase or sale of a business).
CEDC Grants: A small grant program for businesses, community organizations and nonprofits that can demonstrate need and economic impact. Grants: Typically, $2,500 to $5,000.
CEDC Revolving Loan Fund: Loans for business startups and expansions in Coos County. Loans: Up to $100,000.
Community Development Block Grant (CDBG): A program offered through CEDC with the cooperation of the NH Community Development Finance Authority targeted toward businesses that create jobs. Loans: Up to $500,000.

Grafton Regional Development Corporation
Plymouth
603-536-2011
graftonrdc.org
connect@graftonrdc.orgGRDC is a nonprofit economic development organization serving Grafton County, offering free business advising and counseling, small business and microloans, and educational workshops and skills training. GRDC also operates the Enterprise Center at Plymouth, a 10,000-square-foot business incubator featuring flexible and affordable office space, common-use conference rooms, and technology.

Monadnock Economic Development Corporation
Keene
603-352-4939
monadnock-development.org
info@monadnock-development.org
Arthur P. Robert, president
Revolving Loan Fund: Financing for new and existing businesses for community development and the creation of jobs. Loans: Up to $20,000 for each new job created or retained, not to exceed $450,000 unless approved; 50% of total cost.
Rural Development Intermediary Relending Program: Provides gap financing for projects that retain existing workforce. Loans: Up to $125,000 or 50% of total project, whichever is less.

Mt. Washington Valley Economic Council
Conway
603-447-6622
mwvec.com
mwvec.com/jac@mwvec.com
Jac Cuddy, executive director
jac@mwvec.comRevolving Loan Fund: Loans to help businesses start up, or to retain or expand employment opportunities. Loans: $5,000 to $150,000.

Regional Economic Development Center of Southern NH
Raymond
603-772-2655
redc.com
Contact: Laurel Adams, president
laurel@redc.comThe Regional Economic Development Center works in partnership with local lenders, or independently, to help borrowers secure the funding needed to complete projects leading to job creation. REDC has a variety of loan programs. Loans range from $5,000 to $500,000.
Brownfields Fund: Funding for startups or existing businesses in Rockingham or Hillsborough counties to clean up a contaminated area (a Brownfields site). Loans: $50,000 to $500,000
Derry Revolving Loan Fund: Funding for startups or existing businesses in Derry. Loans: $5,000 to $50,000.
Micro-Loan Fund: Statewide program for startup and existing businesses. Loans: $5,000 to $50,000
NH New Americans Loan Fund: Provides funding for start Up or existing business belonging to a first generation immigrants. Loans: $5,000 to $50,000.
Revolving Loan Fund: Bridge loans and regular loan financing to small- and medium-sized businesses in Rockingham and Hillsborough counties for start-up, expansion, and continuous operations. Loans: $50,000 to $500,000.
Technical Assistance: Offers free one-on-one technical assistance to start-ups and emerging NH companies, through strategic, financial, and marketing and design planning. 

Strafford Economic Development Corporation (SEDC)
Dover
603-749-2211
sedcnh.org
info@sedcnh.orgDennis McCann, executive director
dmccann@sedcnh.orgSEDC provides technical assistance towards business planning and assists businesses and nonprofits in acquiring capital for job creation and retention. This includes accessing funds through private and public sources, banks, investors and municipal, state and federal programs. Funds can be used for infrastructure, acquisition, improvements, training, machinery and equipment, furniture and fixtures, working capital and other needs. SEDC is a SBA 7A Community Advantage Lender, U.S. Treasury Certified Community Development Financial Institution, U.S. Department of Agriculture Rural Business Enterprise Lender, NH Community Development Finance Authority job retention lender, NH Business Finance Authority lender and NH Vested for Growth lender and investor.
SEDC Revolving Loan Fund: Currently $15 million. Available balances vary.

Wentworth Economic Development Corporation Inc. (WEDCO)
Wolfeboro
(Service area consists of communities in the northern Strafford and southern Carroll County area)
603-569-4216
WEDCO-NH.org
Denise Roy-Palmer, executive director
info@WEDCO-NH.orgWEDCO’s mission is to promote and support businesses and create employment opportunities by providing development assistance and financing. The primary purpose of its business financing is to retain and/or create employment opportunities for area residents.  WEDCO can provide financial assistance to eligible businesses in its service area.  It is designed to assist existing and new businesses with limited financing, so actual or threatened job loss can be avoided, or new employment opportunities can be created. Retention and/or expansion of the regional employment base, leveraging of additional financial resources and demonstration of the borrower’s financial ability to repay the loan term are the primary criteria.


Economic Development Groups

Belknap Economic Development Council
603-524-3057
belknapedc.org
info@belknapedc.orgContact: Justin Slattery, executive director
justin@belknapedc.orgCommunity Development Block Grant (CDBG) Loan Program: Emphasis on working with borrowers who will create jobs that will benefit low- and moderate-income workers. Loans: Up to $500,000.
Economic Revitalization Zones: Four zones offering state tax credits for investment and job creation: O’Shea Industrial Park in Laconia, Lakes Business Park in Laconia/Gilford, downtown Laconia and industrial zoned property in Center Barnstead.
Enterprise Loan Fund: Flexible finance program designed to assist microenterprises. Loans: $5,000 to $25,000.
Intermediary Relending Program: Supplementary capital for the preservation and creation of employment opportunities. Loans: Up to $250,000.
Main Street Loan Program: Loans for businesses in any central business district in Belknap County. Can be used for working capital, inventory and leasehold improvements. Loans: Up to $10,000.

Claremont Planning and Development Department
603-542-7008
claremontnh.com
newbiz@claremontnh.com<mailto:newbiz@claremontnh.com
Contact: Nancy Merrill, director of planning and economic development
nmerrill@claremontnh.comCommunity Revitalization Tax Relief Incentive (79-E): Provides major tax relief for city center redevelopment.
Economic Revitalization Zones: Businesses that are new or expanding in several zones of the city can qualify to apply for business tax credits through the state.
New Markets Tax Credit: Investors provide capital to community development entities for federal tax credits; (three census tracts.)
Opportunity Zone: Designated low-income census tract eligible for tax-favored Investments. Th city is also a qualified HUBZone until Dec 31,2021.
Revolving Loan Fund: Gap financing for industry job growth and tax base expansion.

Coastal Economic Development Corporation
Hampton
603-929-9244
coastaledc.org
Contact: Daniel Gray, managing director
dgray@coastaledc.orgCommunity Development Block Grants: Works with borrowers who will be creating jobs that benefit low- and moderate-income employees. Loans: $125,000 to $500,000.
Rural Development Intermediary Relending Loan Fund: Works with borrowers who will be creating jobs that benefit low- and moderate-income employees. Loans: $25,000 to $125,000.
Seacoast Revolving Loan Fund: Works with borrowers who will be creating jobs that benefit low- and moderate-income employees. Loans: $20,000 to $100,000.

Concord Community Development
603-225-8595
concordnh.gov
communitydevelopment@concordnh.govContact: Carlos P. Baía, deputy city manager for development
cbaia@concordnh.gov

Concord Economic Development Office
investconcordnh.com
603-225-8595
Contact: Suzi Pegg, economic development director
spegg@concordnh.govBrownfields Tax Abatement: Under NH state law, RSA 76:19-a, the City may grant a brownfields tax abatement in order to encourage economic development projects. A Brownfields site is defined by the US Environmental Protection Agency as “real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant.” Under RSA 76:19-a, the Concord City Council may approve a property tax abatement in an amount equal to prior years’ taxes and accrued interest. To be eligible, the property must be enrolled in the state’s Brownfields Program, administered by the NH Department of Environmental Services.
CDIP Tax Credit Program: Eligible entities may apply to the NH Community Development Finance Authority for an allocation of Community Development Investment Program (CDIP) Tax Credits, to help finance a variety of projects which create economic and community development benefits. Maximum awards are $700,000. Approximately 80% of awarded funds are directly available to finance a project. Businesses may receive a 75% state tax credit against a donation made to any approved project, which may be applied against the state business taxes.
Community Development Block Grants: The City of Concord is eligible to apply for Community Development Block Grant funds to support economic development, public facilities and affordable housing projects. Concord has received more than $19 million dollars in block grant funding over the past 40 years. That funding has been used for:
• Infrastructure to support the development of commercial and industrial properties;
• Increasing job capacity for two local manufacturers; and
• To enable the establishment of a local area bank pool for economic development within Merrimack County.  Opportunities for creative partnerships are available.
Community Revitalization Tax Relief Incentive (79-E): RSA 79-E is a local option statute that supports revitalization of downtown and village centers by providing property tax incentives for qualifying projects. Properties located outside of the downtown or village center must be an historic property as defined in RSA 79-E:2. The incentive allows for a property owner to forgo property taxes associated with real estate improvements for a period of up to 15 years. Projects located within the downtown or Penacook Village RSA 79-E districts must have budgets which are at least 15% of the structure’s assessed value or $75,000, whichever is less. Projects located outside either district must have costs which are 25% of the structure’s assessed value or $250,000, whichever is less.
Economic Revitalization Zone (“ERZ”) Tax Credits: Concord has two designated ERZ areas — one encompasses the Penacook Tax Increment Finance District and the other is the Whitney Road corridor. Businesses making a certain level of capital investment and creating new jobs are eligible to apply for ERZ tax credits, which can be used to offset tax liabilities against the state’s business profits and enterprise taxes.
Historic Tax Credits: Development projects that preserve and renovate a “historic” building may qualify for federal historic tax credits. A 20% income tax credit is available for the rehabilitation of historic, income-producing buildings that are determined by the US Secretary of the Interior, through the National Park Service, to be “certified historic structures.” All renovations under the 20% program must comply with the U.S. Secretary of the Interior’s standards for rehabilitation of historic structures. The U.S. Internal Revenue Service defines qualified rehabilitation expenses on which the credit may be taken. Owner-occupied residential properties do not qualify for the federal rehabilitation tax credit.
Land & Community Heritage Grants: Eligible communities and non-profit entities may apply to the NH Land and Community Heritage Investment Program (LCHIP) for matching grants up to $500,000 for the conservation and preservation of NH’s significant natural, cultural, and historic resources.
New Market Tax Credits: Property within certain federal census tracts within the City of Concord may be eligible for the federal New Market Tax Credit Program. Projects using this program are eligible for 39% tax credit on the total project cost over a seven-year period. For real estate development projects, the tax credit can be claimed directly by the developer or sold in order to raise equity. Tax credits must be secured from Community Development Entities (CDEs) that have been awarded credits from the US Department of Treasury. Area CDEs having credits to invest in projects include the NH Business Finance Authority, Coastal Enterprises based in Portland Maine, Mascoma Savings Bank, and the Massachusetts Housing Investment Corporation.
Revolving Loan Fund Program: Established in 1983, the City’s Revolving Loan Fund (RLF) program was capitalized with a Community Development Block Grant and as such, the City typically requires that loans are used to create economic development and improved housing opportunities to benefit low and moderate income residents.
Tax Increment Financing: The city has the ability to create tax increment finance districts to capture and retain all, or a portion of, property tax revenues generated by new real estate development within such districts. That revenue is then used to support infrastructure construction and maintenance. Currently, Concord has three TIF districts that encompass about 137 acres. The city has made a total investment of more than $25 million in infrastructure improvements within these districts, serving as a catalyst for $90,946,850 in new assessed value.  

Coos Economic Development Corporation (CEDC)
Lancaster
603-788-3900
coosedc.org
Contact: Lise Howson, executive director
execdirector@coosedc.org    
CEDC Grants: A small grant program for businesses, community organizations and nonprofits that can demonstrate need and economic impact. Grants: Typically, $2,500 to $5,000.
CEDC Revolving Loan Fund: Loans for business startups and expansions in Coos County. Loans: Up to $100,000.
Community Development Block Grant (CDBG): A program offered through CEDC with the cooperation of the NH Community Development Finance Authority targeted toward businesses that create jobs. Loans: Up to $500,000.
Business Technical Assistance: Business Coaching (business planning, creating efficiencies, altering business to meet the needs of today’s consumers); Financial Check-Ups (cash flow projections, QuickBooks assistance, analysis of business’s ability to take on debt); Business Evaluation (The purchase or sale of a business).

Goffstown Economic Development Council
goffstown.com
603-497-8990 ext.118
Contact: Joann Duffy, planning and economic development director
joann.duffy@goffstownNH.gov               

Grafton Regional Development Corporation
Plymouth
603-536-2011
connect@graftonrdc.orggraftonrdc.org
GRDC is a non-profit economic development organization serving Grafton County, offering free business advising and counseling, small business and microloans, and educational workshops and skills training. GRDC also operates the Enterprise Center at Plymouth, a 10,000-square-foot business incubator featuring flexible and affordable office space, common-use conference rooms, and technology.

Lisbon Main Street
603-838-2200
lisbonmainstreet.org
Marlene Higgins, President
info@lisbonmainstreet.org
Business Facade Improvement Grant: Matching grants for up to $500 for materials to improve the exterior of business property within the Main Street district that will enhance the commercial and/or historic integrity of the building.

Littleton Industrial Development Corporation
lidc-nh.org
603-444-3975
Contact: Greg Eastman, President
greg@hunkins-eaton.com
info@lidc-nh.orgRevolving Loan Fund: Loans for businesses in Littleton and contiguous towns for job development. Loans: $5,000 to $100,000.

Londonderry Economic Development
londonderrynh.org/planning-economic-development
603-432-1100 ext. 149
Contact: Colleen Mailloux, town planner
cmailloux@londonderrynh.org

Manchester Mayor’s Office
yourmanchesternh.com
603-624-6500
Contact: Shannon MacLeod, Policy Director
mayor@manchesternh.govManchester Small Business Recovery Loan Fund: https://form.jotform.com/MHTRecoveryLoan/2020Use of loan funds must be restricted to costs associated with resuming operations – working capital, payroll, workforce recruitment and inventory. No capital improvements permitted. To be eligible to apply, applicants must be small businesses with 50 or fewer full-time employees, have a brick and mortar location in the City of Manchester, and be able to demonstrate that the business was negatively impacted by the COVID-19 pandemic. Priority will be given to those small business that generally rely on serving customers in-person and were impacted by the State’s “Stay at Home” and business closure emergency orders. Available loan terms are as follows: 2.0 interest rate, 60 months for loans from $15,000-$25,000, 36 months for loans under $15,000. $25,000 for 5 years at 2.0 percent is a monthly payment of $438.19. No interest or payments are due for 3 months

Manchester Planning and Community Development
manchesternh.gov/PCD
603-624-6450
Contact: Leon LaFreniere, director
pcd@manchesternh.gov

Milton Economic Planning and Land Use Department
miltonnh-us.com
603-652-4501 ext. 5
Contact: Dana Crossley, land use clerk
landuse@miltonnh-us.com   
79-E Community Revitalization Tax Relief Incentive Program: On March 11, 2017, the Town of Milford adopted the provisions of RSA 79-E. The Community Revitalization Tax Relief Incentive (RSA 79-E) Program allows the Town to provide a temporary period of limited tax relief for property owners who wish to undertake substantial rehabilitation of a qualifying structure which will provide at least one public benefit. Under the statute, use of the 79-E program is limited to designated or recognized downtowns, town centers, or village centers.

Milford Office of Community Development
milford.nh.gov/community-development
603-249-0620
Contact: Lincoln Daley, director
ldaley@milford.nh.govEconomic Revitalization Zone Business Tax Credit: A business tax credit for projects that are located in designated zones called Economic Revitalization Zones (ERZs).  Offers a short term business tax credit for projects that improve infrastructure and create jobs in designated areas of a municipality.
Milford Community Revitalization Tax Relief Incentive Program (RSA 79-E): Allows the Town to provide a temporary period of limited tax relief for property owners who wish to undertake substantial rehabilitation of a qualifying structure.
Milford Tax Exemption for Industrial Properties (RSA 72:81): Allows an exemption of municipal and local school property taxes for new construction for industrial uses.  The exemption applies to the increase in assessed value attributable to construction of new structures, and additions, renovations, or improvements to existing structures.  http://www.milfordimprovementteam.org/wp-content/uploads/2015/11/Economic-Development-RLF-Brochure.pdf

Monadnock Economic Development Corporation
Keene
603-352-4939
monadnock-development.org
info@monadnock-development.orgContact: Arthur P Robert, President
Revolving Loan Fund: Financing for new and existing businesses for community development and the creation of jobs. Loans: Up to $20,000 for each new job created or retained, not to exceed $450,000 unless approved; 50% of total cost.
Rural Development Intermediary Relending Program: Provides gap financing for projects that retain existing workforce. Loans: Up to $125,000 or 50% of total project, whichever is less.

Mt. Washington Valley Economic Council
Conway
603-447-6622
mwvec.com
mwvec.com/jac@mwvec.com           
Contact: Jac Cuddy, executive director
jac@mwvec.com
Revolving Loan Fund: Loans to help businesses start up, or to retain or expand employment opportunities.
Loans: $5,000 to $150,000.

NH Division of Ports and Harbors
603-436-8500
portofnh.org
r-dwhite@comcast.net
Revolving Loan Fund: Assists commercial fishermen and fisheries-related businesses to sustain themselves through low-interest loans. Loans: Up to $150,000 or 75% with 25% secured by Provident Bank.

Pease Development Authority
Portsmouth
603-433-6088
peasedev.org
Contact: Paul Brean, executive director
P.brean@peasedev.org

Portsmouth Economic Development Dept.
603-610-7220
cityofportsmouth.com
Contact: Nancy Carmer, director
nmcarmer@cityofportsmouth.comEconomic Revitalization Zones:  The City of Portsmouth has six economic revitalization zones (ERZ). The ERZ designation is an economic development tool allowed by state statute that creates incentive for companies to expand or relocate to an eligible area  and offers state tax credits for investment and job creation.

City of Rochester Department of Economic Development
603-335-7522
rochesteredc.com
Contact: Michael Scala, Director of Economic Development
michael.scala@rochesternh.netBusiness Technical Assistance – Through a partnership with the SBDC the Department of Economic Development now provides monthly sessions for businesses seeking technical assistance.
Community Revitalization Tax Relief Incentive: Approved property tax incentives for building rehabilitation and restoration in designated areas in downtown Rochester, East Rochester and Gonic.
Downtown Sign and Facade Grants: Grants for signs, lighting and exterior improvements in downtown Rochester, East Rochester and Gonic. Application and guidelines available at rochesteredc.com.
Economic Revitalization Zone: Rochester has multiple economic revitalization zones, including downtown, commercial and industrial designated districts, which offer tax credits to businesses to be used against their business profits tax and business enterprise tax. To be eligible, businesses must create new jobs and expand the economic base in the designated area. This can range from constructing new facilities to purchasing machinery and equipment where new employment opportunities are created.
Job Loan Program: Low-interest loans to businesses located in Rochester for job creation and retention. Loans: Up to $75,000.
Site Selection and Incentive Assistance: Provides confidential site-selection services and coordination of local, regional, state and federal business development incentives. Custom packages available.

Strafford Economic Development Corporation (SEDC)
Dover
603-749-2211
sedcnh.org
Contact: Dennis McCann, executive director
dmccann@sedcnh.org  or info@sedcnh.orgSEDC provides technical assistance towards business planning and assists businesses and nonprofits in acquiring capital for job creation and retention. This includes accessing funds through private and public sources, banks, investors and municipal, state and federal programs. Funds can be used for infrastructure, acquisition, improvements, training, machinery and equipment, furniture and fixtures, working capital and other needs. SEDC is a SBA 7A Community Advantage Lender, U.S. Treasury Certified Community Development Financial Institution, U.S. Department of Agriculture Rural Business Enterprise Lender, NH Community Development Finance Authority job retention lender, NH Business Finance Authority lender and NH Vested for Growth lender and investor.
SEDC Revolving Loan Fund: Currently $15 million. Available balances vary.

Somersworth Department of Development Services
603-692-9519 or 603-692-9520
www.Somersworth.com
www.Somersworthonthemove.com
Contact: Robin A. Comstock, Economic Development Manager
rcomstock@somersworth.com
Community Revitalization Tax Relief Incentive: Available for property owners of buildings in the Downtown Revitalization District who intend to substantially rehabilitate or replace the structure and provide a demonstrated public benefit. If accepted by the City Council, this program grants property assessment tax relief.
Economic Revitalization Zones: Projects that improve private infrastructure through capital investment and create at least one new job may be eligible for business tax credits through a state application. Available to businesses located within Somersworth’s two Economic Revitalization Zones.
Opportunity Zones: Available to individuals and businesses using eligible capital to make equity investments in the identified zone.
Research and Development Tax Credit: Available to qualified manufacturing research and development. Businesses may receive a credit against taxes paid to the state of NH on wages paid to employees.
Solar Exemption: Available for any property in Somersworth, this property tax exemption allows the addition of a solar array or qualifying solar energy system to the property without an increase in property value.


Chambers of Commerce

Androscoggin Valley Chamber of Commerce
961 Main St., Berlin, NH 03570
603-752-6060
androscogginvalleychamber.com
info@androscogginvalleychamber.comPaula Kinney, Executive Director
Bronson Frizzell, President
Number of Members:  230

Business and Industry Association–NH’s Statewide Chamber of Commerce
122 North Main St., Concord, NH 03301
603 -224-5388
BIAofNH.com
info@BIAofNH.comJim Roche, President
Number of Members: 400

Central NH Chamber of Commerce
PO Box 831, Campton, NH 03223
603-726-3804
centralnh.org
info@centralnh.orgFrank Cocchiarella, Executive Director
Number of Members: 180+

The Chamber Collaborative of Greater Portsmouth
500 Market St., Unit 16A, Portsmouth, NH 03801
603-610-5510
PortsmouthCollaborative.org
GoPortsmouthNH.com
info@PortsmouthCollaborative.org
Valerie Rochon, President & Chief Collaborator
Number of Members: 750 +/-

Greater Claremont Chamber of Commerce
24 Opera House Square, Suite 407, Claremont, NH 03743
603-543-1296
greaterclaremontnh.org
info@greaterclaremontnh.org
Elyse Crossman, Executive Director
Number of Members: 140

Cohase Chamber of Commerce
PO Box 35, Wells River, VT 05081
802-518-0030
cohase.org
cohasechamber@gmail.com
Ruth Ann Hacking, Executive Director
Number of Members: 200

Exeter Area Chamber of Commerce
120 Water St.,  Exeter, NH 03833
603-772-2411
Exeterarea.org
info@exeterarea.org
Jennifer Wheeler, President
Number of Members: 400

Greater Hudson Chamber of Commerce 
71 Lowell Road, Hudson NH 03051
603-889-4731
HudsonChamber.com
info@hudsonchamber.comBrenda Collins, Executive Director
Number of Members: 165

Jackson Area Chamber of  Commerce
18 Main St., PO Box 304, Jackson, NH 03846
603-383-9356
JacksonNH.com
info@jacksonnh.com
Kathleen L. Driscoll-Flammia, Executive Director
Number of Members:104

Jaffrey Chamber of Commerce 
7 Main St., PO Box 2, Jaffrey, NH  03452
603-532-4549
jaffreychamber.com
info@jaffreychamber.com
Matt McCarthy, President
Number of Members:  200+

Kearsarge Area Chamber of Commerce
PO Box 301, Warner, NH 03278
KearsargeChamber.org
newsletter@KearsargeChamber.org
Dan Watts, president
Number of Members: 176

Greater Keene Chamber of Commerce
48 Central Square, Keene, NH 03431
603-352-1303
keenechamber.com
info@keenechamber.comPhilip N. Suter, President and CEO
Number of Members: 455

Lake Sunapee Region Chamber of Commerce
328 Main St., PO Box 532, New London, NH 03257
603-526-6575
LakeSunapeeRegionChamber.com
admin@LakeSunapeeRegionChamber.comAshlee Rowley, Director
Number of Members: 250

Littleton Area Chamber of Commerce
107 Main St., Littleton, NH 03561
603-444-6561
littletonareachamber.com
info@littletonareachamber.com
Number of Members: 280

Greater Manchester Chamber (GMC)
54 Hanover St., Manchester, NH 03101
603-791-4100
manchester-chamber.org
info@manchester-chamber.orgMichael Skelton, President & CEO
Number of Members: 900+

Meredith Area Chamber of Commerce
PO Box732, 272 Daniel Webster Highway  Meredith NH 03253
603-279-6121
meredithareachamber.com
info@meredithareachamber.comSandra Marshall, Executive Director
Number of Members: 210

Greater Merrimack-Souhegan Valley Chamber of Commerce
69 Route 101A, Amherst, NH 03031
603-673-4360
gmsvcc.org
wendy.hunt@gmsvcc.org
Wendy Hunt, President and CEO
Number of Members: 350

Greater Nashua Chamber of Commerce
4 Water St., Suite 102, Nashua, NH  03060
603-881-8333
nashuachamber.com
admin@nashuachamber.com
Kate Luczko, President and CEO

Upper Valley Business Alliance
2 South Park St., Lebanon NH 03766
603-448-1203
uppervalleybusinessalliance.com
uvba@uppervalleybusinessalliance.com
Tracy Hutchins, President
Number of Members:  450

Wolfeboro Area Chamber of Commerce
PO Box 547, 32 Central Ave., Wolfeboro 03894
603-569-2200
wolfeborochamber.com
mary@wolfeborochamber.comMary DeVries, Executive Director
Number of Members: 300


Business Assistance Programs

Access to Capital
nhsbdc.org
603-862-2200
Contact:  Liz Gray, state director
nh.sbdc@unh.eduProvider: NH Small Business Development Center
Free, one-on-one business management advice and support for capital access for new and existing businesses.

Biotechnology Innovation Center (BIC)
UNH in Manchester
88 Commercial Street, Manchester, NH 03101
manchester.unh.edu/program/ms/biotechnology-industrial-biomedical-sciences
Includes an incubator, suite of labs and work spaces for external partners, faculty research, and student training. Facilities are designed to develop biomedical applications in cell biology and tissue and regenerative biology. Biotechnology students have opportunities to collaborate with local companies.

Business Builder Loans
communityloanfund.org/business
603-224-6669
Contact: Liz Short, Business Finance Director
lshort@communityloanfund.orgbusinessloans@communityloanfund.orgProvider: NH Community Loan Fund
Provides loans and business education to support the growth and resilience of small businesses and their ability to provide quality jobs.

CEO Peer Groups
vestedforgrowth.com/tools/vfg-learning-partners
603-856-0770
Contact: Brigid Murray, Investor
bmurray@vestedforgrowth.comProvider: Vested for Growth
VFG Learning Partners meet monthly to work through problems, maximize employee engagement and drive more bottom line growth.

Community College System of NH 
603-230-3500
ccsnh.edu
info@ccsnh.eduProvider: Community College System of NH
Provides customized workforce training at seven colleges statewide or onsite at businesses. Training partner for the NH Job Training Grant and provider of the WorkReadyNH program.
Great Bay Community College
Lynn Szymanski
Business Training Center Program Manager
603-427-7737
lszymanski@ccsnh.edu
Lakes Region Community College
Andy Duncan
Workforce Development Coordinator
603-366-5329
aduncan@ccsnh.edu
Manchester Community College
Kris Dudley
Director, Workforce Development Center
603-206-8161
kdudley@ccsnh.edu
Nashua Community College
Jon Mason
Corporate, Community, and Continuing Education Coordinator
603-717-1490
jmason@ccsnh.edu
NH Technical Institute
Allison Mollica
Coordinator of Business Training and Workforce Development
603-271-6484 x4422
amollica@ccsnh.edu
River Valley Community College
Dan Osborn
Coordinator of Workforce Development
603-542-7744 x5347
dosborn@ccsnh.edu
White Mountains Community College
Tamara Roberge
Coordinator of Workforce Development & Community Education
603-342-3062
troberge@ccsnh.edu

Cooperative Fund of New England
cooperativefund.org
800-818-7833
cfne@coopfund.coopLane Fury, loan and outreach officer
lane@coopfund.coopA community development loan fund that facilitates socially responsible investing in cooperatives, community-oriented nonprofits, and worker-owned businesses in New England.

Enterprise Center at Plymouth
graftonrdc.org
P.O. Box 178, Plymouth, NH 03264
603-536-2011
connect@graftonrdc.orgA 10,000-square-foot business incubator featuring flexible and affordable office space, common-use conference rooms, and technology.

Export Assistance/International Business Development
NH Office of International Commerce
Tina Kasim, program manager
603-271-8444
tina.kasim@livefree.nh.gov
nheconomy.com or nheconomy.com/office-of-international-commerce
Provider: NH Office of International Commerce, NH Department of Business and Economic Affairs.
Works closely with state, federal and international agencies that assist NH businesses in finding the right global market for their products. Services include:
• Seminars and webinars on topics ranging from marketing and distribution to financing and ITAR regulations.
• Strategic export planning and market entry strategies.
• Industry- and country-specific research.
• Support with shipping, logistics, customs and export documentation.
• Information on trade shows and trade missions.

GoodWork
159 Middle Street, Suite 3A, Portsmouth NH 03801
Molly Hodgson, CEO, 603-953-4709
Email:  molly@goodworkseacoast.orgMaria Sillari, COO, 603.305.0422
Email:  maria@goodworkseacoast.orggoodworkseacoast.org
An incubator for nonprofits that provides customized strategic support and affordable live and work space. Provides a team of coaches, professional partners and mentors. It is planning to relocate to Carey Cttag ein summer 2021, which will provide office, event, and meeting space. 

The Magnuson Center for Entrepreneurship at Dartmouth
magnuson.dartmouth.edu
4 Currier Place, Suite 107, Hanover, NH 03755
603-646-8888
magnuson@dartmouth.eduServes and informs Dartmouth students, faculty and alumni along their entrepreneurial path by providing experiential learning for students; startup support for faculty and students; funding opportunities; connection to the alumni network; and community development throughout its regional ecosystem.

NH Innovation Research Center
nhirc.unh.edu
603-862-5446
Contact: Marc Eichenberger, program manager
marc.eichenberger@unh.edu or nhirc.info@unh.eduProvider: NH Department of Business and Economic Affairs
Provides state economic development matching grants to assist NH companies in developing new/improved products or processes through university/industry research collaboration.

NH Manufacturing Extension Partnership
NH MEP is an Network Affiliate of the National Institute f of Standards and Technology (NIST) under the U.S. Dept. Of Commerce. NH MEP provides services to NH Manufacturers in Operational Excellence, Supply Chain, Workforce, Product Development, Business Growth Solutions, and Cybersecurity. NH MEP is using the national network of MEP’s to help with the supply chain interruptions. NH MEP assists manufacturers in preventing, preparing for, and responding to the COVID-19 pandemic. Visit NH MEP’s COVID-19page for assistance.
www.nhmep.org
603-226-3200
Contact: Zenagui Brahim, president
zenaguib@nhmep.orgwww.nhmep.org/covid-19-state-resources-for-nh-manufacturing-businesses/

NH Procurement Technical Assistance Center
nheconomy.com/ptac
603-271-7581
Contact: Dave Pease, Program Manager
david.pease@livefree.nh.govProvider: NH Department of Business and Economic Affairs
Assists businesses with all aspects of federal, state and local government contracting.

NH Small Business Development Center
nhsbdc.org
603-862-2200
Contact: Liz Gray, state director
nh.sbdc@unh.eduProvider: U.S. Small Business Administration, NH Department of Business and Economic Affairs, UNH Peter T. Paul College of Business and Economics, and private sector.
Statewide program providing confidential one-on-one business advice, educational programs, e-learning, information and referrals.

Office of Apprenticeship, U.S. Department of Labor
apprenticeship.gov
603-225-1446 or 603-225-1444
Contacts: Lauren Smith, NH state director
smith.lauren.m@dol.govWynn Young, apprenticeship & training representative
young.wynn.b@dol.govProvider: U.S. Department of Labor
Oversees administration of all federally recognized apprenticeships.

Peter T. Paul Entrepreneurship Center (ECenter)
unh.edu/ecenter
21 Madbury Road, Suite 101 (Madbury Commons), Durham, NH 03824
603-862-5470
e.center@unh.eduThe ECenter delivers hands-on, experiential programming to mentor students from any major at the University of NH in launching a company, from idea development to company creation. It operates as a start-up in an academic environment, and most programs are donor funded. It offers bootcamps, internships, speakers, hackathons, coaching, a makerspace, co-working space, competitions, seed funding, investor nertworks, pitch review and more. Initial idea coaching is also available to UNH alums.

SCORE-NH
scorenh.org
603-724-7569
Contact: Kerry Pfrimmer, District Director
kerry.pfrimmer@
scorevolunteer.org
Provider: SCORE
Over 200 Mentors and Specialists providing free, confidential mentoring and training to help support small business people start, grow, manage and maintain their businesses. Specialized help for re-starting and managing your business during the CV 19 Pandemic. 

Senior Community Service Employment Program
bm-cap.org
603-225-3295
Contact: Candace Whittemore
cwhittemore@bm-cap.orgProvider: Community Action Program of Belknap, Merrimack Counties
Provides paid, on-the-job training for people ages 55+.

Small Business Technical Assistance Program
http://des.nh.gov603-271-1379
Contact: Sara J. Johnson
sara.johnson@des.nh.govProvider: NH Dept. of Environmental Services
Provides small business owners and operators with free assistance in complying with environmental regulations. This non-regulatory program is confidential.

The Technology Village
53 Technology Lane, Conway, NH 03818
603-447-6622
mwvec.com
jac@mwvec.comCreated to stimulate growth of tech-intensive businesses in the Mt. Washington Valley. Business incubator offers meeting rooms, high-speed internet, copiers, notary services, a U.S. Post Office box, kitchen, vending machines, and a receptionist. The Learning Center includes Granite State College.

UNH InterOperability Laboratory
iol.unh.edu
603-862-0090
Contact: Mara Bernazzani, 
communications coordinator
mbernazzani@iol.unh.edu
Provider: University of NH
Independent provider of broad-based testing and standards conformance services for the networking, data, telecom and storage industry as well as developer of testing solutions to speed up time to market for products.

Vested for Growth
vestedforgrowth.com
603-856-0770
Contact: Brigid Murray, Investor
bmurray@vestedforgrowth.comProvider: NH Community Loan Fund
Provides risk-tolerant investments, business education and peer learning opportunities to help businesses increase profits and create higher-quality jobs. Sub-debt and royalty financing available when banks and equity sources are unable to provide enough capital.

Women’s Rural Entrepreneurial Network (WREN)
PO Box 331, Bethlehem, NH 03574
603-869-9736
wrenworks.org
hello@wrenworks.orgContact:Pamela Sullivan, Executive Director
pams@wrenworks.orgProgram Provider: WREN
A nonprofit that provides business training, technical assistance, resources and market access for entrepreneurs in Carroll, Coos and Grafton counties and beyond. Microenterprise scholarships available.

WorkWise, NH
keene.edu/academics/conted/safety/workwise/
603-358-2411
Contact: Wayne Hartz, project manager
whartz@keene.eduProvider: Keene State College
Free onsite occupational safety and health consultation services for NH small businesses.


Venture and Angel Funding Resources

10X Ventures
848 Elm St,. Suite 200, Manchester, NH 03104
10xvp.com
10xventurepartners@gmail.com
603-838-3828
Invests primarily in mobile, internet, wireless, security, med tech and green tech. Invests up to $500,000 but is capable of larger investments. Invests from the idea stage through $5 million to $10 million in revenue. Prefers firms within New England.

Alumni Ventures Group
788 Elm St., Manchester, NH 03101
603-518-8112
avgfunds.com
info@avgfunds.com
Venture capital firm featuring funds for accredited alumni of specific colleges and universities seeking a complete “one-click” venture portfolio. Investments range from $100,000 to $2 million.

Borealis Ventures
10 Allen St., Hanover, NH 03755
603-643-1500
borealisventures.com
team@borealisventures.com
Venture capital firm seeking an initial institutional round of financing, including seed funding. Will invest from $100,000 to $2.5 million initially with the potential for more over time.

Center for Private Equity and Venture Capital
Tuck School of Business at Dartmouth College
100 Tuck Hall, Hanover, NH 03755
603-646-2514
cpevc.tuck.dartmouth.edu
pevc@tuck.dartmouth.edu
Advances the understanding of private equity investing and entrepreneurial ventures. Focuses on fast-growing companies and the interactions among entrepreneurs, industry participants and financial markets. Involved in private-equity practitioner communities and facilitating venture-backed activities. Also educates Tuck students in areas of private equity and entrepreneurship. Hosts an annual, invitation-only, private-equity conference that brings together senior private-equity industry practitioners and students.

Center for Venture Research
University of NH, Peter T. Paul College of Business and Economics
10 Garrison Ave., Durham, NH 03824-3593
603-862-3373
paulcollege.unh.edu/center-venture-research
Expertise in the study of early-stage equity financing for entrepreneurial ventures. Conducts research on the angel and venture capital market, analyzing market trends and providing analysis of market conditions to entrepreneurs, investors and public-policy makers. Also manages the Mel Rines Student Angel Investment Fund, a student-run fund. For more information, visit rinesfund.com or email Rines.AngelFund@unh.edu

eCoast Angel Network
Portsmouth
ecoastangels.com
ecoastanegls@gmail.com
Focuses on advanced technology,  e-commerce, health care, and industrial products and services; principally located in the Northeast. Interested in companies requiring initial investments of $250,00 to $2 million at pre-money valuations of less than $6 million that have a credible exit strategy and are developing an experienced management team. Prefers early-stage deal and is typically the first professional investor into a deal. Will lead or participate in follow-on financings.

Harbor Light Capital Partners
91 Court St., Keene, NH 03431
603-355-9954
hlcp.com
Regional venture-capital firm investing in New England and the Intermountain West companies to provide “patient capital” to build sustainable, high-growth businesses. Focuses on investments in the $1-million to $5-million range, targeting the funding gap for early-stage companies that often occurs between seed funding and the first institutional round, though it will also lead traditional A rounds.

Impact NH Fund
Merrimack
impactnhf.com
hollis.mcguire@unh.edu
hollis@quantum-k9s.com
603-512-0507
Women-focused fund with a dual mission: to assist women-led companies with funding needs and to train more women in NH and surrounding states to participate actively in angel investing. Comprised of accredited investors, primarily from NH, and also from Maine, Vermont and Massachusetts. Will consider applications from any northern New England state and has funded companies outside NH. Funding ranges from $25,000 to $75,000, and includes equity, royalty and debt-based funding.

Northern New England Women’s Investor Network
nnewin.org
Coalition of women across New England interested in investing and looking to develop knowledge, meet like-minded women, and get more involved and engaged with investment opportunities.

Tuckerman Capital
80 South Main St., Hanover, NH 03755
603-640-2284
tuckermancapital.com
Partners: Timothy Briglin
tim@tuckermancapital.com
Peter H. Milliken
peter@tuckermancapital.com
Nick Russell
nick@tuckermancapital.comInvests in niche engineering-intensive manufacturing and service companies headquartered in North America. Contributes to the capital needed to finance an acquisition and uses its extensive experience to help grow and improve small companies. Works with companies with enterprise values from $8 million to $30 million.

Vested for Growth
7 Wall St., Concord, NH 03301
vestedforgrowth.com
Brigid Murray, investor
603-856-0729
bmurray@vestedforgrowth.com
Provides capital in the form of royalty or “mezzanine” financing to established NH-based businesses. Flexible investment style gives businesses access to expansion capital without the collateral requirements of bank debt, while also avoiding the need to sell the business to pay equity investors. Portfolio companies have access to management guidance, industry contacts, HR development and other resources.

Wasabi Ventures
Manchester
wasabiventures.com
Venture capital, incubator and consulting firm specializing in building and advising early-stage technology companies. Has built, financed and advised more than 200 startups.

 

 

 

 

 

 

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