Wentworth Economic Development Corporation
Wentworth Economic Development Corporation
Our Business is Helping Business
Our Business is Helping Business
It was a pleasure working with WEDCO. They are an amazing resource: professional, knowledgeable, and efficient. They provided exactly what we needed to establish ourselves in the community. They are an amazing asset to the area.
David Keslar, President of Keslar & Associates
NH Business Finance Authority (BFA) Indirect Loan Program
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BFA provides WEDCO with additional resources to develop and expand the local economy. When a business applies for a loan which exceeds WEDCO's capacity, we may apply for additional funding from the BFA who works hand-in-hand with local development organizations to foster local economic growth.
Community Development Block Grant (CDBG)
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These Housing and Urban Development funds are available through the New Hampshire Community Development Finance Authority (NHCDFA). They administer these funds in partnership with local municipalities, including counties. WEDCO can assist your business in applying for these economic development funds. If approved, these grants are made to the municipality and WEDCO to lend to the business that is creating and/or retaining jobs. Maximum funding is up to $500,000.
Other Options
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Other Regional Development Corporations such as Stafford Economic Development Corporation (SEDC), Belknap County Economic Development Council (BCEDC), and the Mt. Washington Valley Economic Council (MWVEC) are important partners when additional sources of financing are needed.
The Northern Community Investment Corporation (NCIC) and NH Community Loan Fund (NHCLF) are also sources of additional financing when needed.
Guarantees
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Guarantees may also be available through various State & Federal Agencies.