“This new law will help Granite Staters create good jobs and build a more innovative economic future,” Hassan said.
People will be able to apply at the Employment Security offices in Salem and throughout the state.
“The program is effective immediately,” Hassan spokesman Marc Goldberg said.
A two-page application asks about the business plan, self-employment experience, skills, target customers and potential partners.
They must complete a mandatory orientation and can work part-time, if it doesn’t interfere with plans to start a business.
The bill signing came with New Hampshire’s unemployment rate at 5.3 percent, but economists have said the state recovery is lagging that of Massachusetts and other New England states.
The stock market yesterday stood in record territory, as the state and nation continued a five-year climb from a financial sector crisis that left the economy in its worst shape in 80 years.