Page 15

Loading...
Tips: Click on articles from page
Page 15 2,366 viewsPrint | Download

The Department of Business and Economic Affairs is seeking to use $10 million in federal pandemic money to develop an online “business support” portal it says could attract new small businesses to the state. The Joint Legislative Fiscal Committee is scheduled to take up the request Friday.

Alexander Fries, spokesman for the department, said the pandemic’s shutdowns have led to an interest in “digital solutions.” For some, that means working remotely or grocery shopping online. The online portal is intended to make it easier for people starting a small business to understand and navigate the state requirements, from applying for permits to registering new employees and trademark names.

In his request to the committee, Commissioner Taylor Caswell said states that have developed an online portal have seen small businesses grow 30 percent faster than those without it. State agencies in those states have seen a 15 to 25 percent drop in costs associated with small business startups.

Connecticut is the only New England state with a one-stop business portal, Fries said.

The project, which includes the Department of Information Technology among other state agencies, will be rolled out in stages, with the first phase expected within the next four months, he said. The Executive Council must also approve Caswell’s request.

— ANNMARIE TIMMINS/NH BULLETIN

See also