SB 143 Creates Innovative, No-Cost Program Designed to Help Unemployed Workers Start Their Own Businesses
CONCORD – Continuing her efforts to create jobs and strengthen New Hampshire’s economy, Governor Maggie Hassan signed today SB 143, which creates a “Pathway to Work” program designed to encourage and support efforts of unemployed workers to create their own jobs by starting their own small businesses.
“With this new law, we are able to expand the successful New Hampshire Working program by creating an innovative, no-cost program designed to encourage and enable unemployed workers to create their own jobs and perhaps provide jobs for others by starting their own small businesses,” Governor Hassan said. New Hampshire will now provide the pathway for unemployed participants to work with our state’s Small Business Development Center to engage in entrepreneurial training, business counseling and technical assistance. This will allow workers who are likely to exhaust their benefits to have access to the resources and training they need to establish a business and become self-employed.”
“I want to thank Senator Sylvia Larsen and her many co-sponsors for bringing this important piece of legislation forward. This new law will help Granite Staters create good jobs and build a more innovative economic future,” Governor Hassan said.
During her time in the state Senate, Governor Hassan sponsored a similar measure and worked with Senator Larsen to pass legislation creating the New Hampshire Working Program, a successful three-part jobs initiative that was enacted in 2010 to assist workers to Stay at Work, Return to Work and Get Ready to Work. Senate Bill 143 aims to build on that success by adding a fourth component, the “Pathway to Work.”
To participate in the “Pathway to Work” program, an unemployed worker must be: eligible to receive regular unemployment compensation; permanently laid off from his or her previous job; identified as likely to exhaust regular unemployment compensation; and a participant in activities such as entrepreneurial training, business counseling and technical assistance while engaged on a full-time basis in activities relating to the establishment of a business and becoming self-employed.