News

Report cites growth in VC-backed N.H. firms

New Hampshire had the fourth-fastest growth rate in the nation for venture-backed company revenue between 2003 and 2005, according to a study by the National Venture Capital Association. The report, conducted by Waltham, Mass.-based Global Insight, indicates revenue for venture-backed…

Senate OKs home contractor regulation

The Senate passed a bill Thursday that would regulate home contractors, despite objections that the bill requires contractors to take a course that is thus bar only offered by the Home Builders and Remodelers Association of New Hampshire. The home…

Main Street director takes D.C. post

Kathy La Plante, longtime Director of the New Hampshire Main Street Center, is leaving her post next month to take a job with the National Trust for Historic Preservation. La Plante, the organization’s only director since its founding some 10…

Deadline nears for SBA disaster loans

Businesses affected by last spring’s flooding have one more month to submit applications for federal Economic Injury Disaster Loans from the Small Business Administration. In a statement the agency said the filing deadline for the loans is April 23. Eligible…

5 White Mts. execs paid $30m in '06

White Mountains Insurance Group paid five of its top executives almost $30 million in cash and equity in 2006, according to a filing turned in last Friday with the Securities and Exchange Commission. Outgoing Chief Executive Officer Steve Fass’ package…

Ex-Citizens Bank N.H. head to retire

Robert Gormley, president of Citizens Bank New Hampshire in the late 1990s, has announced plans to retire this summer as vice chairman in charge of risk management for Citizens Financial Group, the bank’s parent company. Gormley, who has spent 37…