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Entries in Economic Development (15)

Friday
Mar282014

NH Senate - Crossover Brings Focus on Taxpayer Protection & Economic Development

NH_seal.png

 

New Hampshire Senate

News Release

 

 

 

 

Concord, NH – The State Senate today completed the first half of the 2014 legislative session with a focus on three bills protecting taxpayers and encouraging economic development.

Continuing the Senate’s focus on strengthening the State’s Rainy Day Fund, the body passed Senate Bill 415 which will move over $15 million in surplus from the previous budget into the revenue stabilization account.  “The Rainy Day Fund was created as a way to guard against unexpected economic downturns,” said Senate Finance Chairman, and the bill’s sponsor, Jeanie Forrester, R-Meredith.  “Unfortunately, the balance in the fund has dropped to the point that leaves us ill-prepared for a financial emergency.”  Currently, the state’s rainy day fund balance of $9 million covers less that 1-percent of the state’s general fund revenues, and is well-below the $70 million minimum balance recommended by the State Treasurer and bond rating agencies. 

“Republicans made a commitment to taxpayers that we would work to rebuild our state’s savings account, and today’s vote is an important step towards fulfilling that pledge,” continued Forrester.  “Moving forward, we will continue to closely monitor our current budget and refuse efforts to increase spending in order to further improve our Rainy Day Fund balance, reinforce the state’s financial standing, and protect taxpayers from the costs of unexpected budgetary needs.”

Next, in an effort to preserve the state’s highway fund and improve transparency, the Senate passed Senate Bill 416, which seeks to end the diversion of millions of dollars each year from the fund.  On average, $80 million is moved from the highway fund to cover costs in other state agencies and departments each year. 

“When New Hampshire drivers pay the gas tax or register their car they do so believing those dollars are being used to maintain the roads and bridges they use every day,” said Senate Majority Leader Jeb Bradley, R-Wolfeboro, the bill’s prime sponsor.  “Diverting these funds from their intended purpose has been a long-held, bipartisan, and unfortunate habit.  This bill will start to end this practice in order to provide some budget transparency and ensure the Transportation Department has the funds they need to keep our highways safe and well maintained.”

Finally, the Senate passed Senate Bill 327, which extends the Economic Revitalization Zone (ERZ) Tax Credit Program through 2020.  “The State of New Hampshire offers three tax credit programs,” said Ways and Means Chairman Bob Odell, R-New London, “and over the last two years we have taken steps to renew and improve each of them,” referring to recent efforts to double and make permanent the Research and Development Tax Credit and to extend the Coos County Job Creation Tax Credit. 

“Today’s passage of the ERZ Credit extension will ensure that this valuable program, which provides incentives for businesses in over fifty communities around the state, will continue to encourage investment, economic development, and job growth through the remainder of the decade,” continued Odell.

All three bills now move to the House of Representatives for consideration.

 

 

Tuesday
Feb052013

Governor Hassan Names New Commissioner of the Department of Resources and Economic Development 

Office of New Hampshire Governor Maggie Hassan

Hassan to Nominate Jeffrey Rose of Goffstown to Lead Her Efforts to Build an Innovation Economy


CONCORD – Reinforcing her commitment to encouraging innovation and supporting business growth to create good jobs, Governor Maggie Hassan announced today that she will nominate Jeffrey Rose of Goffstown to serve as the new Commissioner of the Department of Resources and Economic Development (DRED).

“New Hampshire is well-positioned to be a leader in an innovation economy, and Jeffrey Rose has the public and private sector experience necessary to help move those efforts forward,” Governor Hassan said. “I want the Department of Resources and Economic Development to lead the way in helping our existing businesses grow and attracting new companies to New Hampshire by advocating for the strong, educated workforce we need to succeed, by providing businesses with technical support, and by protecting the natural resources that attract so many people and companies to New Hampshire.”

Rose has extensive experience. Since 2004, Rose has worked for BAE Systems, one of New Hampshire’s largest employers, in numerous government relations and public affairs roles, currently serving as Director of Public Affairs for BAE’s Electronic Systems (ES) Sector. Rose has also served as chair of the Greater Nashua Chamber of Commerce and played active roles in the Business and Industry Association and New England Council. He began his work in New Hampshire as a special assistant to Congressman John E. Sununu, going on to serve as projects director for U.S. Senator Bob Smith and state director for Congressman Jeb Bradley.

“The Department of Resources and Economic Development serves as the face of our state to the business community,” said Jeff Rose. “With our high quality of life, strong workforce, beautiful natural resources, tax-friendly environment, and commitment to providing support businesses need, New Hampshire has great potential for business and job growth. I am honored that Governor Hassan has offered me the opportunity to support her efforts to encourage innovation and create jobs.”

The Department of Resources and Economic Development, created in 1961, works to maximize New Hampshire’s advantages to encourage business growth and expansion. The department consists of four divisions: Forest and Lands, Parks and Recreation, Travel and Tourism Development, and Economic Development.

Rose’s nomination is subject to confirmation by the Executive Council. Governor Hassan will formally nominate Rose at Wednesday’s Council meeting.

Thursday
Jan312013

Manchester - 3rd Annual Manchester Small Business Week

Opens Nominations for Mayor’s Small Business Awards 

Manchester, NH – Manchester Mayor Ted Gatsas in conjunction with the Manchester Economic Development Office (MEDO) will host the 3rd Annual Manchester Small Business Week presented by Citizens Bank beginning Monday, May 20th through Friday, May 24th.  This week long event will feature programs and events targeted at providing small business owners with the information, resources and tools needed to be successful.  “We are excited to continue this tradition of celebrating small business here in Manchester during National Small Business Week and we are committed to helping owners achieve and maintain success,” began Manchester Mayor Ted Gatsas.  Program topics will include financing, marketing, trade, healthcare, educational and networking events.

Nominations for the Mayor’s Small Business Awards sponsored by Comcast Business Class are officially open.  The Mayor’s Awards will honor Manchester small businesses in three separate categories: Growth, Innovation and Community Service.  Gatsas continued, “Manchester is home to thousands of small businesses, many of which are growing, expanding and implementing innovative business practices that help their business succeed.  This award gives the City the opportunity to recognize those unique small businesses which are vital to our cities economy.” 

To nominate a company please visit www.yourmanchesternh.com/smallbusinessweek for a nomination form.  Nominations will be accepted through Friday, March 1st.  Two finalists from each category will be chosen and featured in the May issue of New Hampshire Business Magazine and the winners will be recognized during an Awards Recognition Breakfast on Friday, May 24th at the New Hampshire Institute of Politics at Saint Anselm College. 

For more information about the Manchester Small Business Week or to become involved please contact Chris Wellington, Economic Development Office, at 603-624-6505 or visit http://www.yourmanchesternh.com/smallbusinessweek.

Tuesday
Oct232012

Manchester - Tickets Available for TEDxAmoskeagMillyard 

TEDxAmoskeagMillyard to feature speakers discussing CO-Innovation in New Hampshire

Manchester, NH – A limited number of tickets are now available for the 2012 TEDxAmoskeagMillyard which will take place this Saturday, October 27th at UNH Manchester.  Tickets are available at no charge and are on a first come first serve basis.  To register for a ticket please visit www.tedamoskeagmillyard.org.  TEDxAmoskeagMillyard will be hosted by Virginia Prescott, host of “Word of Mouth” on NHPR. 

The theme for this year’s TEDxAmoskeagMillyard is “CO-Innovation” and will feature speakers discussing a wide range of issues focusing on innovations that have been achieved through collaboration and how those innovations are changing the world.  “In my business, the world is changing everyday and many of the ideas I will be discussing seem to be better suited for Mission Impossible and James Bond movies”, stated Paul Schuepp, President of Animetrics, a leader in facial recognition software and a speaker at this year’s TEDxAmoskeagMillyard.  John Herman, a New Hampshire school teacher and well-known actor/ performer, will be discussing Co-Innovation in the Arts with a focus on social media, “Leonardo Da Vinci never had to worry about Facebook followers, and while Ernest Hemmingway might have loved Twitter, he never had to face its 140-character limit”. 

Angela Chang from the MIT Media Lab will be discussing the idea of ‘tinkerability’ and asks the question, “What if children could actively explore and modify a story, through voice and touch, to dynamically explore meaning as conveyed by the relationship of text to illustrated concept?”  In simpler terms, what if a story could become more like a toy, something a child could interactive with, helping to advance their ability to read.  These are just a few of the TEDx talks slated for TEDxAmoskeagMillyard.  For a complete list of speakers please visit www.tedxamoskeagmillyard.org.

TEDxAmoskeagMillyard will be broadcast free-of-charge on the internet and will also be live streamed at the Red River Theatre.  This is the second time UNH Manchester has hosted a TEDx conference.  Last year’s TEDxAmoskeagMillyard featured the theme “The Unexpected” and showcased an impressive line-up of speakers including Howard Brodsky, Jeremy Hitchcock, Catherine O’Reilly, Gary Hirshberg, Ryan Fitzsimons, and others.

TEDxAmoskeagMillyard would not be possible without the support from local businesses and organizations including: UNH Manchester, Duprey Companies, Image 4, Dyn, Chill Spa, SOWA Entertainment, Network for Education, Good Good Manchester, XO on Elm, Stonyfield Farms, Puritan Backroom, Chrissis & Company Interiors and PixelMedia. 

For more information on TEDxAmoskeagMillyard, including a list of speakers and attending the event, please visit www.tedxamoskeagmillyard.org or contact Chris Wellington at 603-674-3167.

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What is TEDx?

In the spirit of ideas worth spreading, TED has created a program called TEDx.  TEDx is a program of local, self-organized events that bring people together to share a TED-like experience.  Our event is called TEDxAmoskeagMillyard, where x = independently organized TED event.  At our TEDx AmoskeagMillyard event, TEDTalks video and live speakers will combine to spark deep discussion and connection in a small group.  The TED Conference provides general guidance for the TEDx program, but individual TEDx events, including ours, are self-organized.

Thursday
Sep272012

Manchester - New England Chili Classic Announces Celebrity Chef Appearances 

Mary Ann Esposito and Billy Costa to Appear at this year’s New England Chili Classic

Manchester, NH – The City of Manchester and the New Hampshire Lodging & Restaurant Association are pleased to announce that celebrity chef Mary Ann Esposito of “Ciao Italia” and Billy Costa, well-known for his “TV Diner” show, will appear at The New England Chili Classic presented by Market Basket.  The New England Chili Classic will be held on Saturday and Sunday, October 13-14, 2012 from Noon to 6pm at Veterans Park on Elm Street in downtown Manchester, NH.  Mary Ann will appear at the event on Saturday from 12:00-6:00pm and Billy will emcee the Sunday awards presentation.  Both Billy and Mary Ann will also appear on stage and be available during the event for public meet and greet sessions.

The New England Chili Classic features chili sampling from some of the most well known restaurants and chefs in area including the Common Man Restaurant, Margarita’s, Hanover Street Chophouse, Dos Amigo’s, Buckley’s Great Steaks, Mountain View Grand, Woodstock Inn, British Beer Company and many more who will be competing for the title of Best Red Chili, Best Vegetarian Chili, Most Creative Chili, People’s Choice and the overall New England Chili Classic Champion.  More than $10,000 in prize money will be awarded.  The event also includes live music and entertainment on the AutoFair Main Stage, a Beer Garden sponsored by Amoskeag Beverages, a Kid’s Zone sponsored by Anthem BlueCrossBlueShield and a Street Fair.  The Manchester Monarchs, New Hampshire Fishercats and W.I.L.D Center of New England will be providing games and activities in the Anthem Kid’s Zone and main stage entertainment includes the Evan Goodrow Band, Mama Kicks and food eating contests.

Advance tickets can be purchased online at www.NewEnglandChiliClassic.com for just $5 each. Tickets at the event are $7 each. Each ticket holder will receive five sampling tickets and a $10 discount card to T-Bones/Cactus Jack’s.  Public sampling hours for the New England Chili Classic are 1:00-4:00pm each day.  Attendees will have the opportunity to vote for their favorite chili and the restaurant that receives the most votes will be named this year’s People Choice Champion sponsored by Bank of New Hampshire.

Street vendor space is still available, and restaurants can still sign up to compete. Information and registration information can be found at www.NewEnglandChiliClassic.com or by contacting Chris Wellington at 603-624-6505.