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RSA 12-O:27 · Content of the Economic Development Strategy and Plan
12-O:27 Content of the Economic Development Strategy and Plan. – The following, as a minimum, shall be considered in constructing the economic development strategy and plan:
Copy linkAn analysis, relative to business and industry, of New Hampshire strengths and advantages, and how they will be leveraged; analysis of weaknesses and obstacles, and suggestions on how to remedy or mitigate them; identification of opportunities and how to take advantage and benefit from them; and identification of threats and how to meet and deter them. The analysis, where appropriate, should suggest ownership of its various elements.
Copy linkA needs forecast, based on research from both existing and targeted business and industry, that identifies issues and suggested initiatives so as to strengthen New Hampshire as a business and industry destination and to reinforce retention.
Copy linkIdentification of economic, demographic, and other trends which may have both short-term and long-term influence on the economy of the state.
Copy linkThe identification of business sectors that are of strategic importance to the state's economy and to the state's global business image, and development of specific strategies to promote the development of such sectors; and an analysis of new industries that can be targeted in New Hampshire and the rationale for their identification.
Copy linkIdentification of how economic development ideas, advice, and information from relevant entities throughout the state will be solicited to strengthen strategies and plans; and how potential partners for the implementation of the strategies and plans, including, without limitation, the United States government, local governments, regional planning commissions, regional economic development corporations, chambers of commerce, business associations, investors, and other relevant entities will be integrated and engaged. Other states should also be studied to build an understanding of best practices that may be emulated.
Copy linkInnovative programs to position and market the state to aid business recruitment and retention.
Copy linkEconomic performance metrics, to include previous years and objectives for the 10 years covered by the plan. Such metrics shall be contained in a state economic dashboard and updated regularly.
Copy linkInter-department agreements with selected state agencies recognizing their role in economic development strategies, plans, and programs.
Copy linkIdentification of how the state will petition for and receive moneys, such as grants, to be used for economic development activities.
Copy linkConsideration of how workforce education and training in cooperation with the university system, the community college system, private colleges and universities, and other workforce training organizations will be leveraged and enhanced.
Copy linkProvisions for export growth and how relationships will be fostered with New Hampshire's export-related service providers and with the Commerce Department's International Trade Administration; and provisions to improve the state's image as a destination for foreign business investment and location with overseas entities.
Copy linkIdentification of a division liaison to communicate needs to the general court for the benefit of economic development.
Copy linkProvision to identify and carry out other economic development activities that the governor or the commissioner may request. Source. 2017, 156:40, eff. July 1, 2017.
Copy linkSource note
Source. 2017, 156:40, eff. July 1, 2017.
Source history
- 2017, 156:40, eff. July 1, 2017
Related materials
Bill relationships
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2026 HB1617
amend
promotional and assistance programs. 5 The State and Its Government; Department of Business and Economic Affairs; Content of the Economic Development Strategy and Plan. Amend RSA 12-O:27, III to read as follows: III. A needs forecast, based on research from both existing and targeted business and industry, and from emerging economic conditions, that identifies issues and suggested initiatives so as
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2026 HB1764
amend · effective 2026-04-01
ce housing development. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Subdivision; Municipal Workforce Housing Targets. Amend RSA 12-O by inserting after section 70 the following new subdivision: Municipal Workforce Housing Targets 12-O:70-a Municipal Workforce Housing Targets. I. The department of business and economic affairs, in partnership w
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2026 HB1764-FN
amend · effective 2026-04-01
ce housing development. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Subdivision; Municipal Workforce Housing Targets. Amend RSA 12-O by inserting after section 70 the following new subdivision: Municipal Workforce Housing Targets 12-O:70-a Municipal Workforce Housing Targets. I. The department of business and economic affairs, in partnership w
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2026 HB572
amend · effective 2025-07-01
a residential use into a publicly available list of properties available for grant or loan funding pursuant to RSA 12-O:72-a. 5 New Section; Partners in Housing Program. Amend RSA 12-O by inserting after section 72 the following new section: 12-O:72-a Partners in Housing Program. The department shall establish a program, known as the partners in housing program, for the purpose of building workforc
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2026 HB572-FN
amend
a residential use into a publicly available list of properties available for grant or loan funding pursuant to RSA 12-O:72-a. 5 New Section; Partners in Housing Program. Amend RSA 12-O by inserting after section 72 the following new section: 12-O:72-a Partners in Housing Program. The department shall establish a program, known as the partners in housing program, for the purpose of building workforc
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2026 SB526
amend · effective 2026-05-08
ire-Greece trade council. Be it Enacted by the Senate and House of Representatives in General Court convened: 66:1 New Section; New Hampshire-Greece Trade Council. Amend RSA 12-O by inserting after section 23-a the following new section: 12-O:23-b New Hampshire-Greece Trade Council. I. The general court finds as follows: (a) Greek-Americans were an important part of New Hampshire's ea
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2026 SB637
amend · effective 2026-07-01
House of Representatives in General Court convened: 1 Short Title. This subdivision shall be known as the “Eat Local Act.” 2 New Subdivision; Local Farm Registry. Amend RSA 12-O by inserting after section 76 the following new subdivision: Local Farm Registry 12-O:77 Definitions. In this subdivision: I. “Department” means the department of business and economic affairs. II. “Registered far
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2026 SB637-FN
amend · effective 2026-07-01
House of Representatives in General Court convened: 1 Short Title. This subdivision shall be known as the “Eat Local Act.” 2 New Subdivision; Local Farm Registry. Amend RSA 12-O by inserting after section 76 the following new subdivision: Local Farm Registry 12-O:77 Definitions. In this subdivision: I. “Department” means the department of business and economic affairs. II. “Registered far
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2026 SB638
amend · effective 2027-01-01
ion fund established in RSA 12-O:23-b. 4 New Section; The State and Its Government; Department of Business and Economic Affairs; Small Business Tariff Stabilization Fund. Amend RSA 12-O by inserting after section 23-a the following new section: 12-O:23-b Small Business Tariff Stabilization Fund. I. There is hereby established the small business tariff stabilization fund, which shall be kept separat
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2026 SB638-FN
amend · effective 2027-01-01
ion fund established in RSA 12-O:23-b. 4 New Section; The State and Its Government; Department of Business and Economic Affairs; Small Business Tariff Stabilization Fund. Amend RSA 12-O by inserting after section 23-a the following new section: 12-O:23-b Small Business Tariff Stabilization Fund. I. There is hereby established the small business tariff stabilization fund, which shall be kept separat
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2025 HB2
add
ment by the select board as a residential use into a publicly available list of properties available for grant or loan funding pursuant to RSA 12-O:72-a. 141:212 New Section; Partners in Housing Program. Amend RSA 12-O by inserting after section 72 the following new section: 12-O:72-a Partners in Housing Program. The department shall establish a program, known as the partners in housing program, for the purpose of building w