At York IE, we imagine nice firms can come from anyplace. You don’t must be in Silicon Valley or New York Metropolis or some big metropolis or expertise hub to construct one thing impactful. My profession and my firms (Dyn, WhippleHill, York IE and plenty of extra) reside proof.
Proper right here in New Hampshire, we’ve every part founders have to succeed: beginning with a tax surroundings that places more cash again in your pocket. I not too long ago was in our state’s capital, Harmony, NH, for conferences and met with Taylor Caswell, Commissioner, NH Division of Enterprise and Financial Affairs (BEA), and Mike Skelton, CEO, Enterprise and Trade Affiliation of NH (BIA), and conversations have been all in regards to the goodness this state has to supply any and all seeking to construct in The Granite State. There may be much more to do (and we are going to!), however the basis is powerful.
Listed here are a number of explanation why NH is a founder-friendly state:
No earnings tax on wages: Founders and staff preserve extra of what they earn, which could be a game-changer while you’re in development mode.
No gross sales tax: Whether or not you’re launching a product or scaling operations, the shortage of gross sales tax helps you stretch each greenback additional.
No capital positive factors or property tax: When it’s time to exit or plan for the long-term, NH’s favorable tax construction and belief regulation ensures extra of your wealth stays with you and your corporation.
Low company tax charges: NH’s reasonable enterprise taxes imply you’ll be able to reinvest extra into scaling, hiring, and innovating which is precisely what high-growth startups want.
Work-life stability: With easy accessibility to the outside and a tight-knit group, NH affords a high quality of life that helps founders and staff keep away from burnout. It’s simpler to concentrate on constructing when you’ll be able to unplug and recharge. Discover all of New England with a brief drive.
Accessible expertise: New Hampshire’s proximity to Boston, prime universities and a rising tech scene means there’s no scarcity of expertise. Plus, with out the cutthroat competitors of bigger markets, startups right here can appeal to and retain expert folks extra simply.
Proximity to main markets: NH is near main hubs like Boston and New York, however with out the excessive prices. You get the perfect of each worlds: entry to bigger markets with out the big-city bills.
Prime quality of life: With top-tier faculties, low crime charges, and a variety of out of doors actions, NH is a pretty place to stay and work, making it simpler to recruit and retain expertise.
At York IE, we’re proud to be a part of the NH startup ecosystem, serving to entrepreneurs construct growth-focused firms with the assist of a tax-friendly state behind them. Whether or not you’re based mostly right here or elsewhere, New Hampshire proves that you may construct one thing unimaginable, anyplace. We’re a startup serving to startups with our Advisory as a Service platform and enterprise capital funds… and we’re proudly based mostly proper right here within the Reside Free or Die state.
