CEO Guide to the States

New Hampshire

FABRICATING NEW OPPORTUNITIES

In July 2023, New Hampshire was awarded a $44 million grant to develop the burgeoning biofabrication cluster in Manchester. The grant money for the state’s ReGen Valley Tech Hub was part of the $504 million fund the U.S. Department of Commerce’s Economic Development Administration announced for 12 regions in the country. The biofab cluster, which is comprised of a consortium of more than 40 organizations, is focused on developing and manufacturing regenerative tissues and organs. The hub is expected to create more than 9,000 new jobs in the coming years. “The fact that New Hampshire is the only state in New England to be judged by the federal government as worthy of a tech hub award speaks volumes about our tech-based economy. This is the kind of affirmation that leads to broader investment and growth across these sectors,” said ReGen Valley Project, BEA
Commissioner Taylor Caswell in a press release.

“I’m humbled and honored to have earned your trust and support. Now, I’m ready to hit the ground running for our great state! Together, we are going to tackle the housing crisis, strengthen our mental health system and improve education for all students. I’m excited to work alongside you to keep New Hampshire safe, prosperous and free.”
Kelly Ayotte
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2020 and 2023

KEY INCENTIVES

No use tax, sales tax, inventory tax, capital gains tax, broad-based income tax or professional service tax

Economic Revitalization Zone Tax Credit: Offers a credit of up to $40,000 per year for six years for projects that locate in an unused or underutilized industrial park, vacant land or previously unused structures.

R&D Tax Credit: Offers a credit of up to $50,000 in any one year for research and development costs.

NH CDFA Tax Credits: Awards up to $5 million per year to non-profit organizations that can then sell credits to businesses as a way to raise capital for community programs.

EDCs

NH Economy
nheconomy.com/start

Concord Economic Development
concordnh.gov/1040/economic-development

Your Manchester NH
yourmanchesternh.com

Manchester Development Corporation
manchesterdevelopmentcorp.com

HIGHLIGHTED PROGRAM OR INITIATIVE

The New Hampshire-Ireland Trade Council was established in 2024 to chart a path to increase economic, academic and cultural bonds with Ireland, one of the state’s leading trade partners.

BIG DEALS

  • New Balance broke ground in December 2023 on a $70 million factory that will create more than 150 jobs in Londonderry.
  • Global warehouse technology company AutoStore opened its U.S. headquarters in Salem in June 2024.
  • Target broke ground in August 2024 on a 1.4 million square foot logistics center in Hudson. The project will eventually create 1,800 jobs.
  • Life Is Good opened a new manufacturing plant in Hudson in August 2024.
  • Novo Nordisk announced in August 2024 it was hiring for 40 new jobs at its facility in West Lebanon, a 10 percent increase of its 400 employees.

BIG COMPANIES

  • Apogent Technologies
  • C&S Wholesale Grocers
  • Freudenberg North America
  • Standex International
  • Timberland
  • Velcro Brand
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.