We help entrepreneurs
in New Hampshire start or grow their small business.
We do this by providing alternative financing to new, growing, and challenged small businesses. We also provide no-cost business advising for entrepreneurs starting or growing a business in New Hampshire.
Alternative Financing
Working independently or in partnership with local lenders, REDC helps complete small businesses and local projects by providing alternative financing, which in turn leads to job creation.
We serve new, growing, and challenged businesses. Whether you need to find a lending partner, finance an expansion, or need assistance with restructuring, REDC can help.
56%
of REDC loans
were to startups
40%
of REDC loans were to women-owned businesses
19%
of REDC loans were to minoritiy-owned businesses
Help and Resources for Small Businesses
We know many of you are facing a very stressful situation during the Covid-19 pandemic and are trying to figure out the best way to get your company through these challenging times. We want to help you gather the information that will help you decide what course you should take over the coming weeks and months.
REDC recently received a $400,000 grant from the EDA to boost and supplement our response to the economic fallout from COVID-19 for small businesses in our region.
Business Advising
REDC offers no-cost business advising to start-ups, growing companies, and aspiring entrepreneurs in business plan development, financial planning, and marketing and design planning.
We want to see all our clients succeed. Making sure they are equipped with the right tools to grow their business is how we make that happen.
Community
REDC recognizes strong economic growth is not the result of only lending to small businesses, but of supporting many needs of a community through resources and opportunities.
We are always growing programs to help strenthen our region and communities. Here are a few examples of that.
COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS)
REDC develops a plan that outlines a region's economic development needs and goals. It emerges from a continuous planning process developed with a broad based and diverse community participation that addresses the economic potential of an area.
Brownfields
REDC has a loan fund that provides loans and sub-grants to support clean-up activities and re-development planning for sites contaminated with hazardous substances.
Training Center
The REDC training center to provide a one-stop shop for entrepreneurs, existing businesses, lenders, and community leaders seeking financial and technical assistance to help them stimulate economic activities and community development.
Granite State Growth Competition
In 2019, REDC hosted a state-wide business pitch competition with a grand prize of $25,000 to help the winning business grow. The competition supported New Hampshire’s entrepreneurial ecosystem and increase the visibility and skills of young businesses.
