entrepreneurs in New Hampshire start or grow their small business.
We do this by creating jobs for low-to-moderate income people, by accessing alternative financing for business and industrial expansion/relocations, which in turn provides tax relief for our communities and our region.
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.
of REDC loans
were to startups
of REDC loans were to women-owned businesses
of REDC loans were to minoritiy-owned businesses
REDC offers free one-on-one technical assistance to start-ups and emerging New Hampshire companies, through strategic, financial, 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.
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.
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.
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.