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Laurel Bistany: Staying responsive to NH's business needs


EXETER - A Nottingham mother of three is striving to make New Hampshire supportive to businesses and more attractive to young workers.

As executive director of the Regional Economic Development Center (REDC) of Southern N.H., Laurel Adams Bistany, 37, is extremely concerned how young people lack incentive to remain in the state, which jeopardizes future success.

Bistany said she's heard from a lot of companies which are concerned how the state is not producing enough of a skilled labor pool which can replace existing workers. Without a strong base of employees, she believes businesses will fail or move away from New Hampshire.

Like generations before them, young people need good jobs at living wages, Bistany said, along with affordable housing and access to cultural activities. She said these opportunities are either already here or well within reach in the state.

As she sees her three sons - Jake, 12, Tyler, 9, and Zachary, 7 - grow, her concerns are shared with fellow parents who want to see the next generation succeed while remaining close enough to remain involved in each other's lives.

"The beautiful part of New Hampshire is we're so responsive since we're so small," Bistany said.

This hope has propelled her into the world of economic development.

While working at the American Independence Museum, Bistany said she began at the REDC as a part-time bookkeeper in 2001. Around 2004, Bistany said she decided to dedicate herself to the organization and became financial director, which eventually led her to take on the role of executive director in 2008.

For the past 17 years, REDC - located at 37 Industrial Drive in Suite F2 - has been providing growing businesses with financial assistance and communities with planning and economic development training.

"REDC is a private nonprofit whose mission is job creation," Bistany said.

Bistany said recessions breed innovation, and REDC continues to provide assistance to businesses. She said REDC provides technical experience and financing through their "multi-million dollar revolving loan fund."

"Actually, recession is when we're busiest," Bistany said, adding these are the times when banks tend to be financially conservative with loans.

Bistany said the ongoing federal fiscal strife could affect some sources of funding, such as Community Development Block Grants, but the organization is "fortunate to have a good loan pool."

As a result, Bistany said companies are able to grow. She added the REDC also helps communities attract and retain businesses "through both grassroots economic development and infrastructure improvements."

Bistany said the REDC will eventually relocate their operations to a new facility, which will revive a vacant lot on Main Street in Raymond. She said the new building is about the same size as their current location, but they will be able to use the space more efficiently.

"We bought it from the town for tax value," Bistany said, adding construction should begin in the spring and be ready to occupy next year.?Bistany said officials in Raymond are very excited about the REDC coming to town, especially since they bring value to the community beyond tax revenues. She added the REDC "is really a downtown business."

Bistany said the new facility will include a regional training center, a business resource library and room for a conference center in central Rockingham County.

"It's not incubation space - it's transition space," Bistany said.


Zac Brown Band
Friday - Monday, 4 p.m.

Robert Cray Band
Sunday, 7:30 p.m.

March 15 Reception

The Union Leader’s 40 Under Forty program recognizes some of the state’s brightest young achievers who have a record of professional and volunteer accomplishments in New Hampshire. It is generously sponsored by Citizens Bank and presented in partnership with the Business and Industry Association of New Hampshire.

When:Wednesday March 15, 2017 from 5 to 7:30 p.m.

Where: Grappone Conference Center
70 Constitution Avenue
Concord, NH 03301

Tickets: There are no physical tickets for the event. Attendees can check in upon arrival.

Click here to register

Contact: Emily Whalen
New Hampshire Union Leader
603-206-7834
ewhalen@unionleader.com

THANKS TO OUR PROGRAM SPONSOR

Class of 2017

Michael Solari, 33, Goffstown

Michael Solari, 33, Goffstown

Michael Solari, 33, of Goffstown is principal owner of Solari Financial.

Rachelle Beaudoin, 35, Peterborough

Rachelle Beaudoin, 35, Peterborough

Rachelle Beaudoin, 35, of Peterborough is an artist and lecturer of Visual Art, College of the Holy Cross.

Paul C. Smith, 36, Epsom

Paul C. Smith, 36, Epsom

Paul C. Smith, 36, of Epsom is clerk of the New Hampshire House of Representatives.

Molly Sanborn, 37, Concord

Molly Sanborn, 37, Concord

Molly Sanborn, 37, of Concord is director of development and marketing at CATCH Neighborhood Housing.

Justin Slattery, 36, Concord

Justin Slattery, 36, Concord

Justin Slattery, 36, is Concord is executive director of Belknap Economic Development Council.

Rebecca Perkins, 34, Portsmouth

Rebecca Perkins, 34, Portsmouth

Rebecca Perkins, 34, of Portsmouth is associate general counsel at Enel Green Power North America.

Arnold Mikolo, 25, Manchester

Arnold Mikolo, 25, Manchester

Arnold Mikolo, 25, of Manchester is community liaison with St. Anselm College; vice president with the Congolese of New Hampshire; ESL instructor with Manchester Community College; medical...

Tilak Niroula, 28, Manchester

Tilak Niroula, 28, Manchester

Tilak Niroula, 28, of Manchester is communication manager at Bhutanese Community of New Hampshire, residential instructor at Easter Seals.

Norri Oberlander, 34, Londonderry

Norri Oberlander, 34, Londonderry

Norri Oberlander, 34, of Londonderry is vice president of North End Properties Inc., aka Landlady in Downtown Manchester

Lyndsee D. Paskalis, 34, Bedford

Lyndsee D. Paskalis, 34, Bedford

Lyndsee D. Paskalis, 34, of Bedford is an attorney (partner) with Stebbins, Lazos & Van Der Beken, P.A.

Joshua McAllister, 37, Center Conway

Joshua McAllister, 37, Center Conway

Joshua McAllister, 37, Center Conway is partner/vice-president/senior civil engineer at HEB Engineers, Inc.; varsity baseball coach, Kennett High School.

Keith Young, 33, Groveton

Keith Young, 33, Groveton

Keith Young, 33, of Groveton is partner at Geo. M. Stevens and Son Co.; moderator for the town as needed; part owner with my wife of First Step Fitness Centeral.

Doug Martin, 34, New Boston

Doug Martin, 34, New Boston

Doug Martin, 34, of New Boston is a commercial real estate advisor for Colliers International.

Ann L. Fournier, 39, Bedford

Ann L. Fournier, 39, Bedford

Ann L. Fournier, 39, Bedford is an instructor in the Department of Nursing at Saint Anselm College.

Tate H. Aldrich, 30, Laconia

Tate H. Aldrich, 30, Laconia

Tate H. Aldrich, 30, of Laconia is an English teacher and English Department chairman at Laconia High School.

Justin Boufford, 36, Manchester

Justin Boufford, 36, Manchester

Justin Boufford, 36, of Manchester is an account executive for Boyd & Boufford Insurance Agency LLC.

James Brewer, 35, Portsmouth

James Brewer, 35, Portsmouth

James Brewer, 35, of Portsmouth is vice president, middle market lender, Kennebunk Savings Bank.

Samantha Kenney Maltais, 30, Loudon

Samantha Kenney Maltais, 30, Loudon

Samantha Kenney Maltais, 30, of Loudon is principal strategist and marketing manager, SilverTech Inc.

Tyler Gouveia, 18, Nashua

Tyler Gouveia, 18, Nashua

Tyler Gouveia, 18, of Nashua is CEO and majority owner of T Town Sports, full-time student at Suffolk University.

Kati Lary Jopek, 32, Canaan

Kati Lary Jopek, 32, Canaan

Kati Lary Jopek, 32, of Canaan is regional recreation coordinator for Mascoma Valley Parks & Recreation (part time); USA Field Hockey umpire (high school and college); basketball and softball coach;...

Nate Alberts, 34, Franconia

Nate Alberts, 34, Franconia

Nate Alberts, 34, of Franconia is owner of Nate Alberts Painting; founder and executive director of North Country Community Radio.

Ryan K. Frew, 36, Manchester

Ryan K. Frew, 36, Manchester

Ryan K. Frew, 36, Manchester is head coach and general manager of the N.H. Jr. Monarchs.

Tim Baines, 37, Manchester

Tim Baines, 37, Manchester

Tim Baines, 37, of Manchester is owner and operator of Mint Bistro.

Kathleen A. Davidson, 35, Pembroke

Kathleen A. Davidson, 35, Pembroke

Kathleen A. Davidson, 35, of Pembroke is an attorney at Hage Hodes, P.A.

Sandi Coyle, 38, Exeter

Sandi Coyle, 38, Exeter

Sandi Coyle, 38, of Exeter is executive director of Granite Pathways.

Tyler Brown, 29, Manchester

Tyler Brown, 29, Manchester

Tyler Brown, 29, of Manchester is an account manager at CGI Business Solutions.

Joe Whitten, 30, Manchester

Joe Whitten, 30, Manchester

Joe Whitten, 30, of Manchester is chief executive officer of Apparel Impact.

Paul J. Bauer, 37, Newfields

Paul J. Bauer, 37, Newfields

Paul J. Bauer, 37, of Newfields is an attorney with Devine Millimet & Branch, P.A.

Matt Walsh, 38, Concord

Matt Walsh, 38, Concord

Matt Walsh, 38, of Concord is director of redevelopment, downtown services and special projects for the City of Concord.

Rio H. Tilton, 20, Seabrook

Rio H. Tilton, 20, Seabrook

Rio H. Tilton, 20, of Seabrook is a real estate agent at Lighthouse Real Estate in Seabrook, state Representative for District 37 representing Seabrook, Hampton Falls and Hampton.

Chad Theroux, 32, Manchester

Chad Theroux, 32, Manchester

Chad Theroux, 32, of Manchester is director of finance for the Precision Guidance and Sensing Solutions Product Line at BAE Systems.

Jonathan Sadowski, 39, Concord

Jonathan Sadowski, 39, Concord

Jonathan Sadowski, 39, of Concord is a special education teacher at Manchester High School Central.

Ned Sackman, 38, Concord

Ned Sackman, 38, Concord

Ned Sackman, 38, of Concord is a commercial litigation attorney and shareholder at Bernstein Shur, P.A.

Jenna Raizes, 32, Epping

Jenna Raizes, 32, Epping

Jenna Raizes, 32, of Epping is deputy general manager at New Hampshire Fisher Cats

Charles W. Kriete, 39, Salem

Charles W. Kriete, 39, Salem

Charles W. Kriete, 39, of Salem is senior vice president of Tessco Technologies.

Laura Gamache, 32, Manchester

Laura Gamache, 32, Manchester

Laura Gamache, 32, of Manchester is a real estate agent/Realtor with Gamache Real Estate Group of Keller Williams Realty.

Jessica Eskeland, 31, Concord

Jessica Eskeland, 31, Concord

Jessica Eskeland, 31, of Concord is coordinator at N.H. Coalition Against Domestic and Sexual Violence

Matthew T. James, 35, Londonderry

Matthew T. James, 35, Londonderry

Matthew T. James, 35, of Londonderry is a commercial lender at Eastern Bank.

Liz Hitchcock, 38, Manchester

Liz Hitchcock, 38, Manchester

Liz Hitchcock, 38, of Manchester is a philanthropist.

George S. Hansel, 31, Keene

George S. Hansel, 31, Keene

George S. Hansel, 31, of Keene is co-owner of Filtrine Manufacturing Company and an At-Large Keene City Councilor.

Class of 2018 Nominations

Please summarize below the nominee's professional and volunteer accomplishments, and other special factors that you feel make them deserving of this recognition. Please include complete contact information for nominee.

For more information on the 40 Under 40 program, contact Shannon K. Sullivan, Community Relations Manager, 603-206-7833 or ssullivan@unionleader.com.

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