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WEDCO

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What clients are saying...

WEDCO is truly an entrepreneurial life saver!

After we both were "outsourced from Corporate America" (Connie with 31 years with the same company and myself with 26) we realized we needed to re-invent ourselves.

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Support a long-term committed community job creator.

WEDCO, the Wentworth Economic Development Corporation, Inc. is a non-profit 501(c) (3) founded in 1993.  Our mission is to promote and support businesses and the creation of employment opportunities by providing development assistance and financing.  Our service area includes northern Strafford and southern Carroll County which encompasses the Towns of Brookfield, Effingham, Farmington, Middleton, Milton, Moultonborough, New Durham, Sandwich, Tuftonboro, Wakefield and Wolfeboro.

Over the years, some WEDCO activities include the development of an industrial park in Farmington, establishment of a childcare facility in Milton, and the creation of the first collaborative e-commerce website in the state called NHmade.com.  We are involved with the Town of Wolfeboro, Farmington & Milton’s Economic Development Committee, the Sandwich Business Group, as well as the Moose Mountains Regional Alliance.  We are also involved with the Cotton Valley Rail Trail, Friends of Wolfeboro Trails, Festival of Trees, the Piano Project, Kingswood Robotics Team, etc. 

However, WEDCO's primary focus is lending to retain and create employment opportunities for area residents.  To date, we have loaned more than $5 million and leveraged almost $32 million.  This lending activity has resulted in the creation and retainion of 525 jobs.

2016 will be another busy year and we look forward the challenges and opportunities it presents.  We will continue to be a source of business financing, leveraging both traditional financing and equity which will result in employment opportunites.  In addition, we will continue to provide business advising services through our partnerships with Lakes Region SCORE and the NH Small Business Development Center.  

Unlike most non-profit organizations we do not engage in various fundraising activities, collect membership dues, etc., nor do we depend on financial support from Town or County Governments.  Our revenue comes from fees for service, interest income, grants, contributions and tax credit awards.

For information on ways to contribute go to: Make a Contribution

For information about a tax credit opportunity visit: Tax Credit Program

 

 

Copyright © 2017 ✦ All Rights Reserved.

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