May 3, 2015 11:33 AM
NH promotes business climate but spends little to recruit
The Associated Press
CONCORD (AP) — NH lawmakers often discuss the need to attract and retain employers, but recent state budgets lack resources in key business recruitment areas.
The state's Division of Economic Development is in the process of crafting its first economic development plan in more than a decade. Its two business recruiters can't travel long distance for recruitment, and the state lacks an online site selection portal for interested businesses, a standard in many states.
In the next budget, lawmakers are considering providing money for both of these things. But economic development spending is below what it used to be. The division received $2.3 million in general funds in fiscal year 2015 compared to $3.3 million in 2008. The House budget increases those numbers slightly over the next two years.