SHAHEEN ANNOUNCES $80,000 TO ASSIST SMALL BUSINESSES IN THE MONADNOCK REGION

Funding will support renovation and expansion of the Hannah Grimes Center in Keene

July 10, 2009

(Washington, D.C.) - U.S. Senator Jeanne Shaheen announced today that her request to support the renovation and expansion of small business incubator space in the Monadnock Region of New Hampshire has been approved by the Senate Appropriations Committee. Shaheen secured $80,000 for the Hannah Grimes Center for upgrades to their award-winning business support facility in Keene.  The legislation will now go to the full Senate for final passage.

"It's so important that we help our small businesses in this difficult economy, and I'm pleased this funding will allow the Center to triple its incubator space so that it can provide additional start-up and early stage businesses with full-time rental space," said Shaheen. "This funding will help local entrepreneurs and provide a boost for economic activity in Southwestern New Hampshire."

Mary Ann Kristiansen, Executive Director, Hannah Grimes Center, added, "This funding allows us to nurture more start-up businesses, help create new jobs, and make Hannah Grimes and its programs more sustainable.  We are grateful to Senator Shaheen for her work to support small business growth and vitality, here in Keene, and across the state." 

The Hannah Grimes Center provides office space in which new and emerging businesses can be launched, developed and graduated.  The funding was approved by the Appropriations Committee as part of the Fiscal Year 2010 Financial Services, General Government Appropriations bill, which includes $200,000 for projects in New Hampshire.

Shaheen visited the Hannah Grimes Center on her Small Business Tour earlier this year.

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