‘Live Free and Start’ to assist high-tech business

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CONCORD, N.H. (AP) - New Hampshire has a new tool to help fledgling high-tech businesses called “Live Free and Start.”

Gov. Maggie Hassan said businesses have raised concerns that some of the state’s regulations are outdated; that laws and regulations that pertain to financing startup businesses may hinder investment; that certain tax provisions are problematic; and that outdated technology for doing business with state government sends the wrong message to businesses.

“Live Free” will work with an advisory council to develop proposals for either executive or legislative action in order to make these changes.

Elizabeth Ignacio Gray, former business services manager for the state’s Division of Economic Development and an economic development adviser to Gov. John Lynch, will lead the new initiative on behalf of the Business Finance Authority.

“New Hampshire is focused on creating an environment to promote innovation and entrepreneurship,” said Jeffrey Rose, commissioner of the Department of Resources and Economic Development. “This initiative will help to harness this energy and be an important conduit for communities, government and business to help high technology take its place in our economy.”

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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