Taking care of business

Meet Entrepreneur of the Year Kyle York

The New Hampshire Tech Alliance has named Kyle York, co-founder and CEO of the Manchester-based strategic growth and investment firm York IE, its Entrepreneur of the Year. York discussed his work, the award and his approach to business and entrepreneurship.

What entrepreneurial work have you done in New Hampshire?

My entrepreneurial work began as a young man working at my parents’ store in Manchester called Indian Head Athletics. In college I got my first internship at … WhippleHill [in Bedford]. I later went on to become the head of West Coast sales for WhippleHill. … I became the Chief Revenue Officer of Dyn … [and] helped lead the sale of Dyn to Oracle. For three years I was VP [of] product strategy for Oracle Cloud Infrastructure and general manager of Oracle Dyn. In 2019 I co-founded York IE. … I’ve invested in nearly 100 startups over the past decade, which have created thousands of jobs. … I also own a real estate portfolio [with] more than 100,000 square feet in Manchester … focused on innovators, community organizations and nonprofits.

What are you working on now?

York IE … [is] committed to supporting the startup ecosystem globally. We’ve invested in over 30 scaling companies that have created hundreds of jobs, with hundreds if not thousands more to come in the future. … We work with hundreds of companies … helping them to grow responsibly … [and are] incubating a few additional New Hampshire-based startups as part of our York IE labs efforts.

What is the Entrepreneur of the Year award?

The Entrepreneur of the Year is an award given out by the New Hampshire Tech Alliance. It was first given 33 years ago to … Dean Kamen. Since then, it’s been awarded to some truly outstanding business leaders and visionaries, so it’s a true honor to be included in such esteemed ranks.

How did it feel being named Entrepreneur of the Year?

It felt great. I’ve worked very hard over the years to make an impact, but … so many people have helped me along the way, starting with my wife, Katie, my children, my parents and brothers and everyone I’ve been blessed to work with in all of my various roles.

What is the secret to your success?

My parents preached and … [demonstrated] in their daily actions the importance of an incredible work ethic and commitment to family. Those … characteristics fuel my life to this day. From the beginning of my career, I’ve operated under … two principles: be loyal [and] play the long game. These are … [how] I view everything and [are] the parameters I use to keep myself guided. If I do something that contradicts either of these principles, an internal warning alarm goes off in my gut. If there’s a great outcome but it comes at the expense of my principles, I don’t pursue it; the end doesn’t justify the means.

What is your business philosophy?

We don’t operate with management fees or a traditional fund of any kind. … We work with entrepreneurs in so many different ways because we want to do what’s best for the entrepreneur and what will help their company grow. We never want to make decisions simply because we have capital to deploy. That’s not normal or natural. … I’ve never believed in the win-at-all-cost method. I think, in most markets, there’s room for many winners [because] success is relative to ambition [and] goals. … If there can only be one winner in a market, then the market is too small.

What do you enjoy most about helping startups?

I truly enjoy sharing my knowledge and mentoring entrepreneurs. [There are] so many wonderful people with bright ideas who simply need someone or a firm, like York IE they can call when faced with a new problem. I always want to be that phone call, because passion and integrity are contagious, and, honestly, I learn as much from these entrepreneurs as they learn from me. Making an impact and always learning is what fuels me.

Do you have any advice for aspiring entrepreneurs in New Hampshire?

One of the key lessons I like to share is to not be passive. Don’t sit back and let things happen to you. Take charge and ownership of your career. Think of your career as a company … [and] be the CEO. Lead your ‘company’ to success.

Featured photo: Kyle York. Courtesy photo.

News & Notes 22/02/03

Covid-19 update As of Jan 14 As of Jan 31
Total cases statewide 265,140 276,856
Total current infections statewide 15,641 10,436
Total deaths statewide 2,145 2,209
New cases 29,242 (Jan. 15 to Jan. 24) 11,716 (Jan. 25 to Jan. 31)
Current infections: Hillsborough County 4,843 2,890
Current infections: Merrimack County 1,842 1,158
Current infections: Rockingham County 2,885 1,762
Information from the New Hampshire Department of Health and Human Services.

Covid-19 news

During a Jan. 26 press conference, state epidemiologist Dr. Benjamin Chan reported that, while the test positivity rate of Covid-19 in New Hampshire dropped slightly from 22 percent to 17 percent over the previous week, hospitalization and death rates in the state remain high. “In the last week, we reported 59 new Covid-19 related deaths, averaging more than eight new deaths identified each day,” he said. As of Jan. 31 there were 10,436 active cases and 303 hospitalizations, and all 10 counties are still reporting substantial community transmission.

Gov. Chris Sununu also announced during the press conference the Executive Council’s approval earlier that day to sell 1 million at-home rapid tests across the state’s Liquor & Wine Outlet stores. “We will put them on the shelves and sell them … approximately in the $13 range,” Sununu said, adding that tests should be available at the stores “within the next two weeks.”

On Jan. 31, the New Hampshire Insurance Department released a Frequently Asked Questions sheet regarding the national mandate that private insurers will have to cover the cost of eight at-home coronavirus tests per person per month. According to a press release, those with private individual health insurance coverage or covered by an employer-sponsored health plan who purchase Covid-19 diagnostic tests that have been approved by the U.S. Food and Drug Administration can get them covered by insurance, without a health care provider’s order or clinical assessment and without cost-sharing requirements such as deductibles, co-payments or prior authorization. The costs may be covered up front by their health plan or reimbursed after a claim is submitted. The Frequently Asked Questions document can be found at nh.gov.

Meanwhile, more state-run fixed vaccination sites continue to open for walk-ins, including in Belmont, Lincoln and Manchester as of this week. Go to covid19.nh.gov and click on the “vaccination fixed sites” button to view a complete list — no appointments are required.

U.S. attorney nomination

Last week Attorney General John M. Formella issued a statement after President Biden nominated Deputy Attorney General Jane E. Young to serve as the United States attorney for the District of New Hampshire. “We at the Department of Justice greet today’s news with mixed emotions. For almost thirty years, Jane has served this Office and the State of New Hampshire with distinction as an incredible prosecutor and public servant. She is one of a kind and irreplaceable,” Formella wrote. “That said, Jane is more than worthy of this recognition and honor, and … the District of New Hampshire will be well served with Jane Young as United States Attorney.”

Sununu in D.C.

Last weekend Gov. Chris Sununu attended the 2022 National Governors Association Winter Meeting in Washington, D.C., where he planned to meet with Canada’s Ambassador to the United States. According to a press release, he also attended NGA meetings with United States Department of Transportation Secretary Pete Buttigieg and Infrastructure Coordinator for the White House Mitch Landrieu. The governors were scheduled to have dinner with President Joe Biden and First Lady Jill Biden and attend a Governors meeting at the White House.

Reducing classroom stress

New Hampshire educators will soon have new resources to reduce stress and dysregulation in the classroom. According to a press release, the Executive Council recently approved an $815,400 contract between the state Department of Education and The Regulated Classroom, a Peterborough-based company that provides tools for educators to help de-escalate adverse and confrontational issues in the classroom and refocus students on academics. The program includes a somatosensory toolkit and four kinds of classroom practices to regulate stress for teachers and students, the release said, and about 2,500 toolkits will be made available to New Hampshire educators. “This new collaboration is aimed to support teachers who may be experiencing disruptions in their school environments, who today are struggling with dysregulated students that have had inconsistent and disrupted instructional schedules going on two years, as well as the high stress level among the teachers themselves,” Frank Edelblut, New Hampshire state education commissioner, said in the release.

The Manchester Fire Department was dispatched to 1 City Hall Plaza on Jan. 29 when a sprinkler pipe burst above the ceiling in a second-floor office. According to a press release, firefighters tried to salvage items by consolidating and covering them with tarps and removing some electronics from the area. Offices on all three levels below the sprinkler pipe sustained significant water damage, the release said.

A first edition novel published in 1859 by Harriet E. Wilson — the first Black woman to publish a novel in English — returned to New Hampshire recently, celebrated in part with a reading of selections from the book at First Congregational Church in Milford on Jan. 22. According to a press release, the book was hand delivered from California by a woman who had found it in a safe when settling her husband’s estate. Wilson was free when she published the novel, but she had been an indentured servant in Milford.

Greater Nashua Mental Health recently received a $60,000 grant from the New Hampshire Charitable Foundation, allowing it to expand capacity and offer mental health services to people of all ages, as well as substance use disorder services to ages 12 and older, and primary health care services to clients 16 and up. According to a press release, new clients can walk into the 440 Amherst St. facility Tuesday through Thursday from 8 to 11:30 a.m. and be seen the same day.

Allow the change

My new go-to is yoga. Too much hiking and not enough stretching, not to mention crouching over my keyboard, brings on unaccustomed pains. The breathing, poses and mental habits of yoga rejuvenate me. Even practiced in a drafty community rec center, yoga loosens my muscles and expands my mind.

The language is part of it. I do not mean Sanskrit, the ancient language the first yogis spoke. I mean the word patterns and translations used by my American teachers, each of whom brings their own style and experience to class. They all emphasize that practicing yoga is a personal journey. There are modifications for different bodies and room for different degrees of challenge on different days. After all, it seems, “Leg” and “Hip” and our other body parts are esteemed colleagues. It’s OK, I’m told, if “Back Body” wants to just drape in “Child’s Pose” for an hour.

The descriptive names of yoga’s poses and flows just tickle me. “Downward Dog” and “Cow-and-Cat” are well-known, the stuff of birthday card jokes. But what about “Seated Half-Fish“ or “Revolved Chair’’? I have to wonder if these sound as funny in the original. My teachers actually do refer to the final pose, lying prone on the mat in silence for a few minutes, in Sanskrit. I imagine that’s because we Americans aren’t very comfortable with death and “savasana” means “corpse.” Although there is a practice known as laughter yoga, and various animal-accompanied classes are guaranteed to make one smile (think yoga with goat, butterfly, kitten), I’m not in one of those classes. I giggle as quietly as possible at the imagery of my teachers’ words.

Physical movement is only one of the eight limbs of yoga. Breathing control, behavioral self-restraints and disciplines, withdrawal of the senses, concentration and meditation are others, culminating in liberation. A significant and growing body of research backs up what dedicated yogis have always known about the emotional and mental as well as physical benefits. Yoga reduces anxiety and depression and strengthens parts of the brain important for memory, attention, awareness, thought and language.

The pandemic has caused significant mental health challenges, particularly among younger adults, racial and ethnic minorities, essential workers and unpaid adult caregivers. Experts surveyed by the Pew Research Center predict that some of the worst stressors — economic inequality, misinformation and “tele-everything” — will persist in the new normal. At the very least, life will remain unpredictable. We can ease ourselves into position to handle it, and help others, by stretching our bodies and minds. When my hip joints are screaming as I criss-cross my legs, my teacher says, “Breathe. Sit up tall. Allow the change.” Ever so slowly my pain, thoughts, and feelings do change.

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