New Hampshire Business Review - September 24 2010

Securities Bureau launches new FRM probe

The New Hampshire Bureau of Securities Regulation has launched yet another probe into Financial Resources Mortgage Inc., the Meredith-based company behind a multimillion-dollar Ponzi scheme. But this one will be armed with subpoena power, and would -- for the first…

Longtime N.H. SBA officials to retire

The two top U.S. Small Business Administration officials in New Hampshire will be leaving the agency at the end of the year.Witmer Jones, director of the Concord office, and Alice Zachos, assistant district director, have announced that they will be…

Sept. new hires rise 12 pct.

New Hampshire companies added 12 percent more workers in September than they did in August.According to figures from the New Hampshire Department of Employment Security, 22,649 newly hired employees were added in September – compared to 20,186 adding in August.September’s…

Dodge joins Farah in FRM guilty plea

Donald Dodge joined his partner Scott Farah on Monday in pleading guilty to federal charges of running a massive Ponzi scheme that defrauded investors of tens of millions of dollars.Dodge entered his plea in exchange for a 10-year cap on…

Gas prices on the rise again

Fuel prices are always volatile, but New Hampshire has seen an average spike of nearly a nickel a gallon in just a week at some locations.On average, prices in the Manchester area were about $2.62 on Oct. 4 – up…

House passes another SBIR funding stopgap

Congress has once again voted to provide temporary funding for U.S. Small Business Administration programs, including the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs, this time through Jan. 31, 2011.In the ninth continuing resolution…

Product of Year deadline extended

The New Hampshire High Technology Council has extended to Oct. 6 the deadline for companies to apply for its Product of the Year Award.The award honors New Hampshire companies with an innovative product or service.In mid-October, up to five finalists…