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.
WOLFEBORO — While there has been a lot of bad news recently when it comes to businesses and the economy, the Wentworth Economic Development Corp., Inc. (WEDCO) has some good news for local businesses. WEDCO recently closed on a United States Department of...read more
The New Hampshire Small Business Development Center (NH SBDC) partnering with Wentworth Economic Development Corporation, Inc. (WEDCO) are offering business advising weekly. These services are free and confidential to aspiring and active business owners in Wolfeboro...read more
Amy Sterndale, SBDC Business Advisor will be available for entrepreneurs via phone, one-on-one meeting, etc. Amy Sterndale is a Seacoast and Wolfeboro area Business Advisor at the SBDC. She was most recently the owner of Sterndale Strategic, a communications and...read 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...read more
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.Kimberly Prause
WEDCO provides economic development services to the businesses and communities of Brookfield, Effingham, Farmington, Milton, Middleton, Moultonborough, New Durham, Tuftonboro, Wakefield, Wolfeboro and surrounding New Hampshire communities.