As 2023 winds down, REDC has been celebrating the season's festivities. Last week, the REDC Board of Directors invited staff to join them for a meal at Blue Latitudes in Dover, NH, prior to their December meeting. This was a great opportunity for the Board and staff to get reacquainted and meet the new faces of both teams. |
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Earlier in December, REDC staff enjoyed an office party and a unique teambuilding event that all will remember. There were games, gifts, and lots of laughs! Team members brought in children's gifts that were donated to Toys for Tots. |
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After our holiday party at the office, the REDC team enjoyed letting loose and relieving stress in the Glow Paint Splash room at the Rage Cage NH in Nashua, NH. It's important for us to come together as a team and build our connection through a bonding experience. |
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2023 Microloan Intermediary of the Year |
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REDC is honored to be named the 2023 Microloan Intermediary of the Year by the Small Business Administration New Hampshire District Office. The award was presented at a ceremony at the Manchester Historic Association's Millyard Museum in Manchester, NH, on December 12th. REDC President Laurel Adams accepted the award and is photographed with Congressman Chris Pappas and Amy Bassett, the NH District Director at the Small Business Administration. REDC offers Microloans to small New Hampshire businesses, ranging from $5,000 to $50,000. Learn more at www.redc.com/financing. |
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BankProv Supports the NH New Americans Loan Fund Through Tax Credit Purchase |
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Photograph (Left to right): Paige Witham, BankProv Relationship Officer; Shaylah Begley, BankProv Vice President Commercial Lending; Laurel Adams, REDC President; Joe Kenney, Chief Lending Officer & Executive Vice President We're pleased to announce that BankProv has recently purchased $12,500 in tax credits to benefit the NH New Americans Loan Fund Tax Credit program. REDC’s Tax Credit Award, from New Hampshire's Community Development Finance Authority (CDFA), allows NH businesses to contribute funds to community development projects. BankProv’s tax credit donation will support REDC’s NH New Americans Loan Fund, which provides access to technical assistance and loans to first-generation Americans who are prospective or current business owners throughout the state. "I'm proud to announce our commitment to purchasing $12,500 in tax credits and our support of The Regional Economic Development Center and their NH New Americans Loan Fund. By fostering access to financial resources, we amplify the potential of New Hampshire's diverse communities, creating a pathway for the dreams and aspirations of the state's New Americans to take flight and contribute to the vibrant tapestry of our local economy,” said Joe Kenney, Chief Lending Officer for BankProv. “We are deeply grateful for this tax credit purchase by BankProv,” stated REDC President Laurel Adams. “Their purchase will help us further our mission of increasing business development and job creation among new Americans, as well as helping keep the Granite State a welcoming community.” |
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Inner Light Psychological Services REDC welcomes Inner Light Psychological Services as a new loan client. Inner Light Psychological Services, PLLC is a startup practice by Dr. Melissa Marshall, a Licensed Psychologist. Her practice will provide individualized treatment and evaluation services in a relaxed, safe, and inclusive setting based in Greenland, NH. Financing will be used for start-up expenses and working capital. |
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Seacoast Economic Development Stakeholders Workforce Workshop |
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The Seacoast Economic Development Stakeholders (SEDS) hosted a free Workforce Workshop at the Seacoast Repertory Theatre on December 5th. The event featured the Employer Toolkit created by Soho Creative Studio: https://www.sohocreativestudio.com/employer-toolkit The toolkit was developed with funding from a Collaborative Economic Development Region (CEDR) grant provided by the NH Department of Business and Economic Affairs. The toolkit is designed to support NH businesses in attracting, developing, and retaining talent, and it is free to all who would like to use it. This event featured: A welcome by Ben VanCamp, Chief Collaborator & President of the Chamber Collaborative of Greater Portsmouth An overview/history of SEDS and the project by Darren Winham, Economic Development Director Town of Exeter and Jen Czysz, Executive Director Strafford Regional Planning Commission Opening remarks made by Chase Hagaman, Director of Economic Development at NH BEA . A primary panel featuring Michael Cinquino of Soho Creative, Diana Bourns of Ascendle, Krystal Hicks of JOBTALK, and Bill Stowell Jr. of Central Park Garage.
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If you know of a small business in NH in need of assistance, or someone interested in starting a new business, please share REDC with them. |
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