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PLC Construction of Farmington Inc. would like to express sincere gratitude to the Wentworth Economic Development Corporation.

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CUP & CRUMB fills a niche in Moultonborough and beyond

MOULTONBOROUGH — The aroma of espresso and scrumptious baked goods fresh from the oven greets customers as soon as they cross the threshold at the new Cup & Crumb café and bakery at 84 Governor Wentworth Highway.
Cup & Crumb owners Kimberly and Mike Prause, who opened the café just in time for the 2015 summer tourism season, have transformed the 103-year-old vacant building into a business that fills a niche in the community and provides a spot to, literally, slow down and smell the coffee.
Several years in the planning stages, Kimberly, a former English teacher and Assistant Principal at Moultonborough Academy, envisioned a relaxed setting that offered more than a drive-through service or convenience store counter.
“I wanted it to be cozy, different from what we already had here. I wanted it to be somewhere I would want to hang out,” Kim said.
After purchasing the 1,200-square-foot building and eventually obtaining a variance from the town’s zoning board of adjustment to open a commercial venture, the owners hired Moultonborough-based Lacewood Construction to oversee the building renovation. But first, the owners needed to obtain bank financing to supplement their own investment into the new business. Kim said they applied for a construction and equipment loan from Meredith Village Savings Bank with assistance from MVSB Banker Charlie Gorhan who “did the legwork.” Kim adds that it was Gorhan who informed them about another financing resource, the Wolfeboro-based Wentworth Economic Development Corporation (WEDCO), a private nonprofit 501 (c)(3) regional economic development corporation serving businesses of all sizes in Brookfield, Effingham, Farmington, Middleton, Milton, Moultonborough, New Durham, Sandwich, Tuftonboro, Wakefield, and Wolfeboro. Through WEDCO, the owners secured a $65,000 loan that was applied towards the MVSB construction loan.
“Without WEDCO’s assistance, I don’t think we could have gotten a traditional loan, especially for a start-up in the food service industry,” added Kim.
With its motto of, “Our business is helping business,” WEDCO offers two business-financing programs, the Revolving Loan Fund and Intermediary Lending Program, with the common goal of retaining or creating jobs in the region.

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Accidents Happen Auto Body:  When it comes time to repair your vehicle, we all look for and want a reputable person we can trust with lots of experience.  Rob West has worked in the automotive industry and has many years of experience in restoration, collision and auto body repair, as well as car detailing.  Rob takes pride in his customer service.  He has developed many relationships working in the automotive industry and is dedicated to quality of his work.  His new shop Accidents Happen Auto Body LLC is located in Wolfeboro on Route 109a next to Wolfeboro Public Works Highway Garage.      

Local SCORE Counselors from the SCORE Lakes Region Chapter No. 172 are available to provide free and confidential mentoring services to aspiring and active business owners.  SCORE the "Counselors of America's Small Business Owners" is a national association dedicated to helping small business owners form and grow their businesses.  Mentoring services are offered in Wolfeboro and throughout the Lakes Region, for more information or to schedule and appointment call 524-0137.

SBDC Advisor Available - NH Small Business Development Center (SBDC)
When: Wednesday's September 9 & 23rd

Free and confidential counseling services offered to aspiring and active business owners for Wolfeboro and the surrounding communities. Sample topics include business planning, financial analysis, marketing, accounting, cash flow projections and new business/acquisition feasibility and evaluation. Whether you are in the early stages of a creating a business or own a well established business you will benefit from the counseling service.  To make an appointment call 603-862-3304

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Wentworth Economic Development Corporation  PO Box 641, 7 Center Street, Wolfeboro, NH 03894   (603) 569-4216