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REDC Appoints New Board Director Dianne Connolly
Submitted by Laura Harper 9-16-16

The Regional Economic Development Center of Southern New Hampshire (REDC) is pleased to announce the appointment of Dianne Connolly to its Board of Directors. The REDC Board and President Laurel Bistany are excited to have Ms. Connolly as a new Director, as her experience with strategic planning, professional technical assistance, and as a business owner will be an invaluable asset to the organization.

In 1989, Ms. Connolly co-founded Lab Force, Inc., a medical staffing company based in Windham, NH, providing specialized medical staffing throughout much of the United States. Concurrent with her successful 18-year career with Lab Force, Inc., Ms. Connolly served on a variety of educational and community boards, including nine years as a Trustee for The Derryfield School in Manchester, NH, concluding her service with 3 years as Chairman. In 2006, Ms. Connolly established DM Connolly Associates to provide management, strategic planning, and transition planning services to for-profit and nonprofit companies. From 2009 through 2011, Ms. Connolly was hired by the Boards of Directors for the Greenwich Federation of the United Jewish Appeal, the New Hampshire Musculoskeletal Institute, and the Bronx Charter School for Children to craft and facilitate strategic planning. In 2014, Dianne was hired by Chalk & Vermillion of Greenwich, CT. to facilitate strategic and transitional planning. Ms. Connolly holds both a Bachelors and Masters degree.

Since 2012, Ms. Connolly has served on the Advisory Board of the Salvation Army in Concord, NH, served as Secretary for the Windham Economic Development Committee, and as Chairman for the Merrimack Valley chapter of SCORE. The SCORE Association is a nonprofit association that coordinates volunteers, trained to serve as counselors, advisors, and mentors, to aspiring entrepreneurs and business owners. These services are offered at no fee, as a community service.

REDC was established in 1994 as a non-profit economic development organization with a mission to serve new and growing businesses in Southern NH. REDC seeks to promote responsible, sustainable economic development activities within the 42 communities that reside in its territory. REDC does this by creating jobs for low-to-moderate income people, by accessing alternative financing for business, and industrial expansion or relocations, which in turn provides tax relief for communities within its region. REDC also provides start-up and ongoing technical assistance which supports businesses as they grow.

For more information, please contact REDC at 603.772.2655 or visit www.redc.com .


REDC Hosts Local InnovateHER Competition in Raymond, NH
Submitted by Laura Harper 10-19-15

The Regional Economic Development Center of Southern New Hampshire (REDC) will be hosting a local New Hampshire InnovateHER challenge, which is part of the national SBA's InnovateHER 2016: Innovating for Women Business Challenge and Summit. The panel ofjudges for this competition include Taylor Caswell, Executive Director, Community Development Finance Authority; Elizabeth Gray, Director of Entrepreneurship, NH Business Finance Authority; JohnHamilton, Managing Director, Vested for Growth; Mark Kaplan, CEO, Alpha Loft; Carmen Lorentz, Director, Division of Economic Development, NH Department of Resources and Economic Development; and Laurel Bistany, President, REDC.

REDC will be hosting this local competition on Thursday, November 19, 2015 at 5:30PM at the REDC Business Development and Resource Training Center in Raymond, NH. To be considered for this competition, entrepreneurs must first submit an application for review at www.redc.com/innovateher.php by Thursday, November 5, 2015. Audience space is limited. If you would like to attend the challenge to view the presentations, please RSVP your seat at www.redc.com/innovateherrsvp.php.

From the local competition, REDC will select one competitor to be submitted for consideration for the national InnovaterHER Final Challenge. The InnovateHER Challenge is a national prize competition aimed at unearthing products and services that impact and empower the lives of women and families through local business competitions that culminate in a live pitch Final Round. During the national InnovaterHER Final Challenge, up to 10 Finalists will compete for the Top Three cash prizes totaling $70,000 provided by Microsoft. This year, the national InnovaterHER Final Challenge will be held on March 16 & 17, 2016 in the Washington, D.C. metro area as part of a larger Women's Summit.

Additionally, REDC will be hosting a Practice Pitch Event on November 12, 2015 from 9:00AM to 12:00PM at the REDC Business Development and Resource Training Center in Raymond, NH. This practice session is for any entrepreneur to present their idea for a product or service and receive feedback from REDC Business Advisors. This event is free and open to any entrepreneur, not just InnovateHER competitors. To attend this event, please RSVP to info@redc.com.

InnovateHER provides an opportunity for entrepreneurs throughout the U.S. to showcase products and services that have a measurable impact on the lives of women and families, have the potential for commercialization, and fill a need in the marketplace. To enter or learn more about the InnovateHER Competition, please visit www.redc.com/innovateher.php or call 603.772.2655.

REDC was established in 1994 as a non-profit economic development organization with a mission to serve new and growing businesses in Southern NH. REDC seeks topromote responsible, sustainable economic development activities within the 42 communities that reside in its territory. REDC does this by creating jobs for low-to-moderate income people, by accessing alternative financing for business, and industrial expansion or relocations, which in turn provides tax relief for communities within its region. REDC also provides free start-up and ongoingtechnical assistance, which supports businesses as they grow.  For more information, please contact REDC at 603.772.2655 or visit www.redc.com


REDC Welcomes Public Review for 2015 Comprehensive Economic Development Strategy Draft - 6-3-15

The Regional Economic Development Center of Southern New Hampshire (REDC) is pleased to present the draft 2015 Comprehensive Economic Development Strategy (CEDS) for public comment. The CEDS is a plan that outlines our region’s economic development needs and goals. It is developed with broad-based and diverse community participation. REDC develops a new CEDS every five years, with updates annually. The 2015 CEDS is a new five-year CEDS, complete with new Economic Development Goals and Objectives. If you would like to view the draft 2015 CEDS, please visit our website at: www.redc.com/ceds-2015-draft.php. REDC will accept comments until June 30, 2015. Comments may be sent via email to info@redc.com or by mail attention to Laurel Bistany, President, at 57 Main Street, Raymond, NH 03077.

REDC was established in 1994 as a non-profit economic development organization with a mission to serve new and growing businesses in Southern NH. REDC seeks to promote responsible, sustainable economic development activities within the 42 communities that reside in its territory. REDC does this by creating jobs for low-to-moderate income people, by accessing alternative financing for business, and industrial expansion or relocations, which in turn provides tax relief for communities within its region. REDC also provides start-up and ongoing technical assistance which supports businesses as they grow.

For more information, please contact REDC at 603.772.2655 or visit www.redc.com.


REDC Appoints New Board Director - 1-30-15

Raymond, NH - The Regional Economic Development Center of Southern New Hampshire (REDC) is pleased to announce the appointment of Craig Jewett to its Board of Directors. The REDC Board and President Laurel Bistany welcome Mr. Jewett as a new Director and feel that his strong ties to the community are especially valuable as REDC works to establish its presence in Raymond.

Mr. Jewett is President of Jewett Construction Co., Inc., which is a second generation, family-run company based in Raymond NH that services Maine, NewHampshire, Vermont, Massachusetts, Connecticut, and Rhode Island. Mr. Jewett has more than 30 years of professional experience in all aspects of commercial construction. He holds a Bachelor of Science in Environmental Planning fromSlippery Rock University. Mr. Jewett has also been involved in the Town of Raymond Economic Development Committee, CHaD All-Star Football Finance Committee, New Hampshire Businesses for Social Responsibility, Exeter Chamber of Commerce Board of Directors, Daniel Webster Council Boy Scouts of America Board of Directors, New Hampshire Automobile Dealers Association, Jack Miller Network, and the U.S. Green Building Council.

REDC was established in 1994 as a non-profit economic development organization with a mission to serve new and growing businesses in Southern NH. REDC seeks to promote responsible, sustainable economic development activities within the 42 communities that reside in its territory. REDC does this by creating jobs for low-to-moderate income people, by accessing alternative financing for business, and industrial expansion or relocations, which in turn provides tax relief for communities within its region. REDC also provides start-up and ongoing technical assistance which supports businesses as they grow.

For more information, please contact REDC at 603.772.2655 or visit www.redc.com


REDC Announces Free Business Workshop Classes    1-20-15

Raymond, NH - The Regional Economic Development Center is providing start-up and established businesses tools and resources to thrive, by hosting a series of small business workshops. This series was developed to be either attended in order or selectively, for specific needs. These workshops are free of charge and located at the REDC Training Center classroom at 57 Main Street, Raymond NH 03077. To register for one or more of these classes, please call 603.772.2655 or email info@redc.com.

Class schedule:

Are You Ready to Start Your Own Business? - February 17, 2015 - 5:00pm to 8:00pm

Instructor: Chris Duffy

The focus of this class is reviewing the experience needed to run your own business, how to research your business idea, identifying sources of funding, writing a business plan, understanding financial statements, and developing a presentation.

Business Plan Writing - March 17, 2015 - 5:00pm to 8:00pm

Instructor: Chris Duffy

This class is a follow-up to "Are You Ready to Start Your Own Business" but can be taken as a standalone class on business plan writing. The class will review the purpose of business planning, how to research your business idea, and develop a business plan and supporting financial statements. Participants will learn how to determine the need forcapital to start a business and develop an appropriate fund-raising document.  Participants will also learn to develop and use an "Elevator Pitch".

Funding Your Small Business  - April 16, 2015 - 5:00pm to 8:00pm

Instructor: Laurel Bistany

Often the hardest part of starting or growing a small business is funding it. This class will explore different financing options, from traditional to alternative, and give you the tools to get your business positioned for growth. In this three hour session, we will cover thresholds for different types of financing, pre-loan packaging for success, and banking relationships.

REDC was established in 1994 as a non-profit economic development organization with a mission to serve new and growing businesses in Southern NH. REDC seeks to promote responsible, sustainable economic development activities within the 42 communities that reside in its territory. REDC does this by creating jobs for low-to-moderate income people, by accessing alternative financing for business, and industrial expansion or relocations, which in turn provides tax relief for communitieswithin its region. REDC also provides start-up and ongoing technical assistance, which supports businesses as they grow.

The REDC is located at 57 Main Street Raymond NH. For more information call: 603-772-2655.


REDC Partners with Manchester Community College to Bring WorkReadyNH Program to the Raymond Region – Raymond, NH

The Regional Economic Development Center of Southern New Hampshire (REDC) is pleased to announce WorkReadyNH, a FREE program presented by Manchester Community College. Beginning Tuesday, October 21st, classes will be held at the Regional Economic Development and Business Training Center, 57 Main Street in Raymond NH.

The course is offered Tuesdays, Wednesdays and Thursdays from 9:00AM to 3:30PM, starting Tuesday, October 21st and ending in mid-November. REDC’s training classroom has been outfitted with interactive presentation technology, as well as Wi-Fi internet access. The WorkReadyNH Program is offered free of charge to participants.

WorkReadyNH helps job-seekers and career builders improve their skills and add two nationally recognized credentials to their resume. The program provides assessment, instruction and credentialing in key skill areas, identified by employers as essential to workplace success. WorkReadyNH also helps companies foster a skilled workforce, and find qualified applicants and employees. WorkReadyNH is an initiative of the Community College System of New Hampshire, the Office of the Governor, the NH Department of Resources and Economic
Development and the NH Department of Employment Security.
To register for the WorkReadyNH Program, please call Manchester Community College WorkReadyNH at 603- 206-8180.

REDC was established in 1994 as a non-profit economic development organization with a mission to serve new and growing businesses in Southern NH. REDC seeks to promote responsible, sustainable economic development activities within the 42 communities that reside in its territory. REDC does this by creating jobs for low-to-moderate income people, by accessing alternative financing for business, and industrial expansion or relocations, which in turn provides tax relief for communities within its region. REDC also provides start-up and ongoing technical assistance which supports businesses as they grow.
For more information, please contact REDC at 603.772.2655 or visit www.redc.com.

 


Regional Economic Development Center Comes to Raymond
By Cheryl Killam 3-20-14

The Regional Economic Development Center (REDC) of Southern New Hampshire opened its doors at its new location at 57 Main St., Raymond, on Wednesday, Feb. 19, 2014.

REDC moved from its previous location in Exeter, which it had leased since 2007.  It took five years from design to finish, beginning in 2009, for REDC to get the building in place.

The REDC is a non-profit organization incorporated in 1994 and focused on job creation and training. It is now providing business loans and grants to accomplish its Comprehensive Economic Development Strategy (CEDS).

 

REDC

Front entrance way to the new Regional Economic Development Center on Main Street in downtown Raymond.

 

Asked why REDC moved to Raymond, REDC Executive Director Laurel Bistany said, “there are three reasons. First was that Raymond made geographical sense, being located in the middle of our service region.  Second, it meets our mission for job creation for low to moderate income people and third, this location was the only empty lot in the downtown area that could generate tax revenue for the town. “  She said the town employees have been great to work with.

Bistany, a 13-year employee, has been the director for just over five years and shares the new building with four other employees. 

 

REDC

The new training room can seat up to 24 trainees.

 

“The center will provide some training sessions during the daytime and evenings, but the best part is it brings people to Raymond who would not come here otherwise, “ said Bistany.  “We hope to have three different business development sessions happening simultaneously for between 35 to 45 people.“

 

REDC

E-beam Whiteboard allows interactive writing while training.

 

With  the  multi-purpose training room equipped  with a projector and E-beam interactive white board, REDC  can easily partner  with colleges and governmental programs and run webinars for up to 24 trainees.  Any  economic development provider  can use the training room.

 

REDC

The day use room is available for stakeholders to meet with their clients.

 

Businesses that need a professional place to meet with their customers can use the building’s rooms.  The day use rooms have desks, chairs, phones and monitors that will also be available to Federal and State stakeholders.

REDC is a certified Community Development Finance Institution (CDFI) and has 45 financial clients as well as additional clients who receive technical and business training services and resources.

REDC’s funding sources come from Community Development Block Grant (CDBG) revolving funds, U.S. Department of Agriculture (USDA), New Hampshire Business Finance Authority (NHBFA), the Federal Economic Development Administration (EDA) and the Environmental Protection Agency.

The types of businesses it provides financial assistance to include doggie day care centers, childcare centers, manufacturing businesses, dental and medical practices and anyone else who needs some or all of its funding to start or improve their business.

 Loan and grant funds provided by REDC have been used for projects including the Smuttynose Brewery expansion and sewer infrastructure in Portsmouth, a Brownfield cleanup project for the Zackary M. Tompkins Memorial Field in Hudson, and the Cotton Mill Square Workforce Housing redevelopment project in Nashua.

Asked what REDC would recommend to improve Raymond’s economic standing, Bistany said, “In my opinion one of Raymond's greatest assets is its location. With two exits off Route 101 and a central location between Manchester and the seacoast, Raymond has a lot to offer incoming businesses.  One of the biggest challenges is the lack of public infrastructure.  Without well developed water, sewer, utility and broadband infrastructure, competing as a place to do business can be difficult."

The REDC CEDS Region is comprised of 41 municipalities:  37 in Rockingham County and five in Hillsborough County. The center is open Mondays through Fridays from 8:30 a.m. to 4:30 p.m. Event hours are available as needed.  Call 772-2655 or visit the website at www.redc.com .

 

 

 

 

 

 

 

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