There are many Federal, Regional, State, and Local programs available to assist Jaffrey businesses. The Jaffrey Economic Development Department is always available to help any business identify, apply for, and utilize these resources. Call, email, or stop by for more information.
The Jaffrey Revolving Loan Fund provides financial assistance to small and emerging businesses in cooperation with other lenders. Call Jo Anne Carr at 532-7880 for further details.
Monadnock Economic Development Corporation is one of 14 Regional Economic Development Corporations located in New Hampshire. Services include business consulting and business loans.
The NH Small Business Development Center offers free, one-on-one, confidential business counseling, low cost training programs, and access to information and referral. Specialized services include environmental counseling, manufacturing assistance, international trade programs, and innovative economic development initiatives.
The NH Business Finance Authority (BFA) offers several loan guarantee programs for SBA eligible ompanies whose financing needs exceed the SBA's capacity. The BFA also issues tax-exempt Industrial Development Revenue Bonds for fixed asset expansion projects.
Granite State Development Corporation is a Certified Development Company operating in New Hampshire. Granite State is a private, not-for-profit company which was established to administer the SBA 504 Loan Program throughout the state of New Hampshire. The SBA 504 Loan Program enables small businesses to acquire long-term subordinated debt at below market rates. By working together with local banks, Granite State has become the largest CDC in New England.
The Small Business Administration (SBA) is a Federal agency that provides technical and financial assistance to businesses throughout the country. The most common form of financial assistance is the guaranteeing of loans through private institutions. The link above is for the New Hampshire District Office
The NH Manufacturing Extension Partnership works with companies to integrate systems and technologies to create high-performance enterprises. Solutions for companies include business planning, lean enterprise, eBusiness, international development, technology transfer/commercialization and workforce development. Project managers offer informal assessments without fees, and work towards a solution by contracting with third-party service providers.
The SCORE Association is a national, nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the Small Business Administration (SBA). SCORE Association's 11,500 volunteers serve as "Counselors to America's Small Business." Working and retired executives and business owners donate their time and expertise as volunteer business counselors providing confidential counseling and mentoring.
The New England Trade Adjustment Assistance Center helps companies that have experienced recent declines in sales and employment, due at least in part to increasing imports of competitive products. The federal government pays 50% of the cost of consulting services designed to help the client firm improve its competitive position. (The federal government pays 75% if the firm requests $30,000 or less of of assistance.) There are twelve Trade Adjustment Assistance Centers serving different regions of the country.
The NH Community Development Finance Authority (CDFA) provides financial and technical assistance to community development corporations, worker cooperatives, and certain municipal entities. CDFA does not assist for-profit businesses directly, but can work with a nonprofit partner. Assistance is most commonly accomplished through the granting of state tax credits.