US Senator Jeanne Shaheen was at the University of New Hampshire in Durham Monday morning to highlight the importance of the Small Business Development Centers as a resource for entrepreneurs in the state.
âAs our small businesses continue to recover from this pandemic, local advice and resources have never been more important. The New Hampshire Small Business Development Centers have been instrumental in the growth and success of our state’s small businesses through the invaluable advice and mentorship they provide to local entrepreneurs – especially throughout COVID- 19, âsaid Shaheen, D-NH.
Shaheen said she will continue to fight for federal resources to support small businesses in New Hampshire.
To date, more than 40,000 New Hampshire small businesses and nonprofits have received more than $ 3.6 billion in paycheck protection program cash, according to a press release from Shaheen’s office.
In 2020, NH SBDC of UNH’s Peter T. Paul College of Business and Economics served 7,148 entrepreneurs through direct counseling and education in over 200 communities across Granite State.
They were able to raise $ 45 million in new capital, support 6,186 jobs and increase sales by $ 9.3 million, according to their website.
The NH SBDC released a Business Resilience Survey in March that showed businesses still have some way to go before economically recovering from the fallout from the COVID-19 pandemic.
This survey showed that 42% of small business owners said their financial situation was worse in February than in June 2020.
Phase 3 of the Business Resilience Survey will be conducted in July.
Participants expected at Monday’s roundtable included:
Liz Gray, SBDC, Director of State;
Jason Cannon, SBDC, associate director of state;
Deborah Merrill-Sands, UNH, Dean, Peter T. Paul College of Business and Economics
Marian McCord, UNH, Senior Vice Provost for Research, Economic Engagement and Outreach;
John Clemente, Echo Ridge, Concord;
Matt Loranger, Hydropeutics, Manchester;
Molly McCoy, Wicked Flannel, Hampton;
Chris Dunstan, Dunstan Pediatric Services, Holderness;
Joyce Dales, Buzzagogo, Nashua;
Karen Larson, Soake Pools, Concord
The roundtable was held at Peter T. Paul College on Garrison Avenue.
Contact Kimberley Haas, News Editor, at [email protected]