Economic Development
 
A fundamental purpose of economic development is to create jobs. Community economic development incorporates its values and desires of the community in its job creation process. In recent years, LRPC has increased its role and partnership with area economic development agencies and key state providers.
LRPC was a founding member of the Belknap Economic Development Council. LRPC also participates with Grafton County EDC, Wentworth EDC, as well as Main Street programs and the Franklin Business & Industrial Development Corporation. We routinely interact with state agencies such as NHCDFA and NHBEA, along with local chambers of commerce.
Our primary economic development services currently include the following:  strategic planning, policy development, grant writing and administration, and special projects.
 

Get Your Project Fit for NBRC Funding Now
 
The Northern Borders Regional Commission SEID (State Economic Infrastructure and Development) program is a valuable investment source for good projects in eligible communities. But project development takes time and expertise. That is why New Hampshire Business and Economic Affairs (BEA) contracted with ADG of Concord to help eligible entities with turning their ideas into applications.
 
Do you have an idea for an economic, community or infrastructure project in one of the six eligible Northern Border Regional Commission counties in New Hampshire?
 
Start preparing your project now to apply for 2023 NBRC funding. NH BEA is offering free technical assistance to eligible projects.
  • NBRC funding is available to nonprofit and government entities in Coos, Carroll, Grafton, Belknap, Sullivan, and Cheshire Counties.
  • Technical assistance is provided by coaches experienced with NBRC applications and tailored to fit your needs, whether eligibility questions, budgets, narrative, or analysis.
  • Funding supports projects in infrastructure, tourism and recreation, business and workforce development, healthcare, telecommunications, and renewable energy.
Learn more about NBRC at nbrc.gov, and register for assistance at NBRC-NH.

Click here to view the NBRC Technical Assistance Report 2022.
 
Comprehensive Economic Development Strategy (CEDS)
2021 CEDS
Draft Update In Progress:  View the Draft 2021 CEDS online using ArcGIS StoryMaps.
Demographics, Industry & Employment, Housing, and Income Data:  LRPC encompasses 31 municipalities across 4 counties (Belknap, Carroll, Grafton, and Merrimack) and is denoted as Region 2 on the state map that shows municipalities, counties, and planning regions.  View Regional Map  (by municipality and county)
LRPC further divides itself into four areas, Areas 1–4, corresponding to the four Area Commissioner positions that make up part of LRPC's 12-member Executive Board.  View LRPC Areas 1–4 Map  (by municipality only)
Infographics showing Demographics, Employment, Housing, and Income data are available for each of the four LRPC Areas:  
Area 1 InfographicArea 2 Infographic 2Area 3 InfographicArea 4 Infographic
LRPC Maps:  Click on the map images below to open a PDF version of each map.
     
 LRPC Areas 1
4 Map             Regional Map
2013 CEDS
2013 Lakes Region Comprehensive Economic Development Strategy
2013 CEDS Website   
 
Northern Border Regional Planning Commission (NBRC)
2021 State Economic & Infrastructure Development Program:  Overview of Programmatic Changes and Timeline  (slides)
  
Ongoing Projects
Brownfields Environmental Site Assessment Program 
NBRC Grant Administration in Ashland and Wolfeboro 
 
Completed Projects
Broadband Expansion Study for the Lakes Region 
 

Noteworthy Information
Employment projections for New Hampshire's nine planning regions by industry and occupation for 2014 through 2024 are now available. You can find this information by visiting the NH Employment Security Website or through NHetwork, the Economic and Labor Market Bureau's information data system.

The American Farmland Trust initiated/developed the process for methodology and procedures regarding Cost of Community Services Analyses back in the 80s. Eleven NH towns have been analyzed since that point. 
Click here for more information about the Cost of Community Services Analyses
Click here for a report including all towns that have been analized

 
Local Tax Incentive Programs for Economic Development
Tools

Headwaters Economics Toolset

We were recently introduced to the Headwaters Economics Toolset. Using these report generators you can download socioeconomic reports of communities, counties, & states, including aggregations and comparisons. The Economic Profile System (EPS) uses federal data sources, including the Bureaus of Economic Analysis, Census, & others. EPS is also known as the Human Dimensions Toolkit by the Forest Service.  Try it for yourself by clicking here.
 
Plymouth State University Research Projects

Below are links to several research projects by students at Plymouth State University in Spring 2018 about the economics and demographics of the Lakes Region, shared with their permission

The Rise of New Hampshire's Population by Austin and Blackburn
Economic Analysis for Lakes Region Planning Commission by Botelho, Shea, and Ordway
Demographic Analysis for Lakes Region Planning Commission by Larocque et al
Economic Analysis for Lakes Region Planning Commission by Farrow, Valliere, and Ripkey
Lakes Presentation by Linnick, Merluzzi, and Gonnella
Demographic Analysis for Lakes Region Planning Commission by Belanger, Campbell, and Deconinck
Economic Analysis for Lakes Region Planning Commission by Maegan, Allison and Braedon
Why are there so many seasonal homes in New Hampshire? by Collin, Gaston, and Jeremiah
Economic Analysis for Lakes Region Planning Commission by Madej et al


Related Sites 
 
Bureau of Economic Analysis
http://www.bea.gov The Bureau of Economic Analysis (BEA) promotes a better understanding of the U.S economy by providing the most timely, relevant, and accurate economic data in an objective and cost-effective manner.

Bureau of Labor Statistics
http://www.bls.gov The Bureau of Labor Statistics is the principal fact-finding agency for the federal Government in the broad field of labor economics and statistics. 

Economy.com
http://www.economy.com  A leading independent provider of economic, financial, and industry research, Their economic research and data are used by clients worldwide.

Economic & Policy Resources
http://www.epreconomics.com/ EPR is am applied economics firm. We provide our clients clarity and insight for confident decision-making for even the most daunting of questions and issues in today's increasingly complex world. For more than 25 years, our professionals have worked tirelessly to become a trusted and objective provider of effective solutions through state-of-the-art, customized, and thoughtful research and analysis, EPR's team of experienced professionals will equip you with the information you need to move forward on the right course.

Federal Reserve Bank of Boston
http://www.bos.frb.org/economic/regional/profile/index.htm The Profile of New England includes key economic indicators for the region, a look at the demographic composition of the population, a snapshot of N.E's banking system, and a glimpse at government finance in the six states.

National Association for Business Economics 
http://www.nabe.com NABE®I is an association of professionals who have an interest in business economics and who want to use the latest economic data and trends to enhance their ability to make sounds business decisions.

New Hampshire Center for Public Policy Studies
http://www.nhpolicy.org/ New Hampshire Center for Public Policy Studies. 

New England Economic Indicators
http://www.bos.frb.org/economic//neei/neeidata.htm N.E Economic Indicators is a publication presenting selected current and historical statistics on the New England economy and the economies of the six N.E states. Data includes employment, unemployment, income, consumer prices. consumer confidence, real estate, and exports. 

U.S Census Bureau
http://www.census.gov The Census Bureau's Strategic Plan describes a common mission, identifies strategies to achieve the mission, and sets critical indicators of progress. It outlines the work of the Census Bureau over most of this decade- from FY 2004 through FY 2008 for most programs, and through FY 2013 for the reengineered 2010 Census.
 
The Lakes Region Facility

Workbook on the Implementation of the Process for Risk Evaluation, Property Analysis and Reuse Decisions for the Lakes Region Facility in Laconia, NH. (Published December 2010)

Click here for the full workbook