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New Hampshire Economic Development Directory


NH Statewide Economic Development Agencies

Capital Region Development Council
Stephen A. Heavener, CEcD, EDFP
Executive Director
91 North State Street,
Suite 101, P.O. Box 664
Concord, NH 03302
603-228-1872
fax: 603-226-3588
sheavener@crdc-nh.com
www.crdc-nh.com
NH Business Resource Center
Cynthia Harrington
Business Development Recruiter
172 Pembroke Road, P.O. Box 1856
Concord, NH 03302
603-271-2591
fax: 603-271-6784
charrington@dred.state.nh.us
www.nheconomy.com
Pease Development Authority
David Mullen
Deputy Director
55 International Drive
Portsmouth, NH 03801
603-334-6031
fax: 603-427-0433
d.mullen@peasedev.org
www.peasedev.org
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

NH Utilities

Public Service New Hampshire
Pat McDermott
Economic Development Manager
780 North Commercial Street
Manchester, NH 03101
603-634-2386
mcderpf@psnh.com
www.psnh.com

NH Regional Economic Development Agencies

Monadnock Economic Dev. Corp. (MEDC)
John G. Dugan, President
39 Central Square, Suite 201
Keene, NH 03431
603-352-4939
fax: 603-357-4917
jdugan@monadnock-development.org
www.monadnock-development.org
North Country Economic Development
Michael Bergeron
Business Development Manager
172 Pembroke Road
Concord, NH 03302
603-271-2591
fax: 603-271-6784
mbergeron@dred.state.nh.us
www.northcountryeconomy.com
Northern Community Investment Corp.
Cathy Conway
VP, Economic Development
1 Middle Street, Suite 201
Lancaster, OH 03854
603-788-2700, ext. 41
cconway@ncic.org
www.ncic.org
Southwest Region Planning Commission
Tim Murphy, Executive Director
20 Central Square, 2nd Floor
Keene, NH 03431
603-357-0557
tmurphy@swrpc.org
www.swrpc.org
Team New England
David C. Driver
Managing Director, Regional Development
107 Selden Street
Berlin, CT 06037
860-665-6312
fax: 860-665-5755
drivedc@nu.com
www.teamnewengland.com
Tricounty Community Action Programs
Norman Charest
Economic Development Director
30 Exchange Street
Berlin, NH 03570
603-752-7001
fax: 603-752-7607
ncharest@tccap.org
www.tccap.org

NH County Economic Development Agencies

Belknap County Economic
Development Council

Eliza Leadbeater
Interim Executive Director
One Mill Plaza
Laconia, NH 03246
603-524-3057
fax: 603-524-0314
info@bcedc.org
www.bcedc.org or www.liveworkandplaynh.com
Grafton County Economic
Development Council

Mark Scarano
Executive Director
P.O. Box 178
Plymouth, NH 03264
603-536-2011, ext. 10
fax: 603-536-2012
mscarano@graftoncountyedc.org
www.graftoncountyedc.org

NH City Economic Development Agencies

City of Rochester Economic Development
Karen Pollard, CEcD, EDP
Economic Development Manager
31 Wakefield Street
Rochester, NH 03867
603-335-7522
fax: 603-335-7597
karen.pollard@rochesternh.net
www.thinkrochester.biz
Fantastic business locations are available in
Rochester, New Hampshire! Our vital and
growing city is a magnet for a talented and
educated workforce and we are seeking
expandable businesses. Call today for a
confidential appointment.
Business Dev. Commission of Bow
Bill Klubben, Director of Community Dev.
10 Grandview Road
Bow, NH 03304
603-225-3008
fax: 603-225-2982
commdevel@bow-nh.gov
www.bowbusinessdevelopment.com

City of Claremont
Nancy Merrill
Business Development Coordinator
14 North Street
Claremont, NH 03743
603-542-7008, ext. 1410
fax: 603-542-7033
nmerrill@claremontnh.com
www.claremontnh.com
City of Concord Development
Ken Lurvey
Business Development Coordinator
41 Green Street
Concord, NH 03301
603-225-8595
fax: 603-228-2701
klurvey@onconcord.com
www.onconcord.com
City of Dover Department of
Economic Development

Mike Joyal
City Manager
288 Central Avenue
Dover, NH 03820
603-743-6043
m.joyal@ci.dover.nh.us
www.ci.dover.nh.us
Town of Durham
James B. Campbell, Director of Planning &
Community Development
Town Hall, 15 New Market Road
Franklin, NH 03235
603-868-8064
fax: 603-868-8033
jcampbell@ci.durham.nh.us
www.ci.durham.nh.us
Franklin Business & Industrial
Development Corporation

Denise M. Sharlow
Executive Director
P.O. Box 174
Franklin, NH 03235
603-934-5508
fax: 603-934-5866
dsharlow@franklin-nh.org
www.franklin-nh.org
Town of Hooksett
Jo Ann Duffy
Director of Community Development
35 Main Street
Hooksett, NH 03106
603-268-0279
jduffy@hooksett.org
www.hooksett.org

Town of Lancaster
Ed Samson,Town Manager
25 Main Street
Lancaster, NH 03584
603-788-3391
fax: 603-788-2114
townmanager@lancasternh.org
www.lancasternh.org
City of Manchester Economic Dev. Office
Jay Minkarah, Director
One City Hall Plaza
Manchester, NH 03101
603-624-6505
fax: 603-624-6308
jminkarah@manchesternh.gov
www.yourmanchesternh.com

City of Nashua Office of
Economic Development

Tom Galligani, Director
229 Main Street, P.O. Box 2019
Nashua, NH 03060
603-589-3070
fax: 603-589-3398
nashuaoed@nashuanh.gov
www.gonashua.com
City of Portsmouth
Economic Development

Nancy Carmer
Economic Development Program Manager
1 Junkins Avenue
Portsmouth, NH 03801
603-610-7220
fax: 603-427-1593
nancy@ch.cityofportsmouth.com

New Hampshire State Incentives

ECONOMIC REVITALIZATION ZONE TAX CREDITS (erz): Short term, tax credits against the business profits and enterprise taxes. To qualify, the location must meet certain demographic criteria, or be located in an unused or under utilized industrial park, or vacant land, or structures previously used for industrial, commercial, or retail purposes but currently not so used, or Brownfield site. The maximum credit over five years is $200,000, capped at $40,000 per year.

R&D TAX CREDIT: Small and large businesses can apply for tax credit on new research and development costs. The state has set aside $1million a year to fund the credit which is capped at $50,000 for any business that qualifies. This credit may be carried forward for up to five years.

COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG): This assistance can be in the form of a grant to the municipality for the public infrastructure improvements on behalf of an expanding business or a loan to the business itself. The maximum amount of funding available for any given project is $500,000, regardless of size of the community applying for the grant. All grants have a one-year duration, and one job must be created for each $20,000 in CDBG funds granted. The key to this federal program is that a minimum of 60 percent of the jobs created must be filled by low and moderate-income persons.

The JOB TRAINING GRANT PROGRAM is a 50/50 cash match for customized training. There is a $100,000 cap on the training amount. Each application is reviewed on a case by case basis with an emphasis on improving the skills of current or new employees.

The COOS County Job Creation Tax Credit is a tax credit to businesses hiring new employees in COOS County and paying wages equal to or above 200 percent of minimum wage ($7.25 per hour). The credit is $1,000 for any new, full-time, year-round jobs applied to the Business Enterprise Tax, but any unused portion of the credit can be applied to the Business Profits Tax. All new jobs created after the bill’s effective dates are eligible for the credit and there is no cap on the amount of jobs created. The carry forward is five years.

INDUSTRIAL REVENUE BONDS: This program is for manufacturers only – companies which manufacture or produce tangible personal property. At least 75 percent of bond proceeds must be spent on core manufacturing space and equipment. Storage, office and R&D space must be excluded from this calculation. To be cost effective, loans must range between 1.5 and 20 million dollars. The interest rate is about 70 percent of prime and can be used for the purchase of land, buildings, and capital equipment.

NH-CDFA TAX CREDITS: The New Hampshire Community Development Finance Authority (CDFA) awards up to $5 million a year in New Hampshire Tax Credits to nonprofit organizations. These organizations then sell the Tax Credits to New Hampshire businesses as a way to raise needed capital for community projects around the state. In exchange for the contribution, a company can take 75 percent of the donation as a tax credit on their BET, BPT, or Insurance Premium Tax.

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