MANCHESTER, NH – Carleton Dufoe, Founder and CEO of New Power, has been named recipient of the 2023 Entrepreneur of the Year Award by NH Tech Alliance. The award will be presented in person at the annual Innovation Summit taking place on October 17th at the Grappone Conference Center in Concord.
The Entrepreneur of the Year award was first given out in 1988. In the 35 years that have followed, this award has been presented to the brightest, most innovative individuals in New Hampshire’s tech industry. The award applicants are judged around risk, innovation, growth, competition, profitability and employment.
Dufoe had more than 20 years of experience in the electronics industry of which 7 were spent in Singapore. Through that experience he was able to see the imperfections of the global supply chain.
Harnessing his experience and extensive network he envisioned a company that could leverage technology to revolutionize the way the world sources electronic components. From there, NewPower was born in 2014.
NewPower’s signature platform EMPOWERTM, a proprietary trading platform, can rapidly analyze vast amounts of data to help their clients make better sourcing decisions. The ease of use and ability for customers to make quick, efficient decisions has propelled NewPower to a $2 billion dollar company or the fastest-growing independent distributor of electronic components and finished goods… and they’re just getting started.
NewPower has plans for significant growth and expansion as this industry is just beginning to develop.
NewPower is dedicated to being an employer of choice. Their generous benefit package and commitment to giving back to the local community has helped them attract and retain the best global talent.
“The success and rapid growth NewPower has seen is a great testament to Carleton’s leadership and is a great success story for the state of New Hampshire” said Julie Demers, Executive Director of the NH Tech Alliance.
Dufoe will be presented with the 2023 Entrepreneur of the Year award on October 17th at the Innovation Summit. The summit will feature innovation and innovators from all over the state. This day-long conference brings together over 200 tech executives, entrepreneurs, investors, legislators and industry partners to talk about the latest trends in tech, such as AI and the challenges of being an entrepreneur in NH.
More information on the program can be found on the Innovation summit website. This event is open to the public and tickets are currently available.
About the New Hampshire Tech Alliance
The New Hampshire Tech Alliance (formerly New Hampshire High Tech Council) is a statewide technology association supporting companies at every stage of growth and development from startups to established leaders in the global economy. The Alliance is committed to nurturing a vibrant tech ecosystem by building partnerships, enhancing knowledge and shaping public policy. For more information, or to learn about sponsorship opportunities, please visit nhtechalliance.org, email info@nhtechalliance.org or connect via Twitter, Facebook or LinkedIn.