Our Business is Helping Business
WEDCO’s mission is to promote and support businesses and the creation of employment opportunities by providing development assistance and financing.
The purpose of WEDCO’s financing is to retain and create employment opportunities for area residents. The primary criteria is the retention and/or expansion of the regional employment base, leveraging additional financial resources, and demonstration of the borrower’s ability to repay.
WEDCO is a private nonprofit 501 (c)(3) regional economic development corporation serving businesses of all sizes in the New Hampshire towns of Brookfield, Effingham, Farmington, Milton, Middleton, Moultonborough, New Durham, Sandwich, Tuftonboro, Wakefield, Wolfeboro, etc.
WEDCO loan brings Lower Corner Millworks to life
Sandwich resident starts new woodworking business SANDWICH — Who says you can’t go home again? Parker Hansen has found that coming home may be just what he needed, and it turns out that the Wentworth Economic Development Corporation (WEDCO) was able to help make that...
WEDCO helps Lakes Region Customs spread its wings
Grant assists Wakefield business in building online presence WAKEFIELD — Joe Carriere takes a blank piece of wood, rock or glass and uses his tools, his talent and his time to create just about anything you could possibly imagine. But filling the blank slate in his...
SBDC Business Advisors
Ed Miles Mr. Miles is an accomplished Business Development professional. His diverse background includes strategic plan creation and execution in early stage private and venture funded start-ups, strategic alliance building, new market entry, product management, sales...
Are you an employer looking for Information on wages, overtime, minimum age restrictions and more?
NH Department of Labor - Labor Law Training Seminar Join us for an overview from: Steven McKinney from U.S. DOL As a small business employer, you need to know the rules and regulations of the Fair Labor Standards Act (FLSA). The U.S. Department of Labor...
Despite running into roadblocks when it came time to obtain financing from traditional banks, Kimberly Prause, owner of the Cup and Crumb in Moultonborough, turned to Wentworth Economic Development Corporation (WEDCO). From WEDCO, she received a $65,000 loan to work in concert with a construction loan from Meredith Village Savings Bank.
“Without WEDCO, I don’t think we would have opened,” Kim says, looking back. And certainly, Cup & Crumb would never have become an anchor in the newly opened Berry Pond Corner with two full-time and 12 part-time employees in summer, and 8-9 staff in winter.
Thank You to Our Partners
