Ongoing Projects

We are very proud of the work we've done to date to help local business and to fulfill our role in the community. Many times we facilitate the procurement of loans and other capital funds. We also try to lend our expertise to situations that can make a positive difference on the local economy. Below and to the right are summaries of projects we have helped with and our first award!



Award for Voith Sulzer/Commerce Park of Farmington project
. The New Hampshire Department of Resources and Economic Development recognizes Wentworth Economic Development Corporation for excellence in Community Economic Development for developing and implementing regional economic development strategies and programs.


We are assisting the Trails Rails Action Committee (TRAC) in the effort to complete the 12.5 mile long multi-use recreational trail connecting the towns of Wolfeboro, Brookfield and Wakefield along the old railroad bed. This economic development project enhances and protects the intrinsic benefits of the area while providing additional recreational activities for the area's residents and tourist.


Kingswood Youth Center
WEDCO is providing assistance to the Wolfeboro Rotary Club with their Teen Center project. The former Church of the Nazarene on South Main Street will be transformed into a building that will serve several area needs. In addition to the Teen Center, it will be a site for the L.I.F.E. Ministries food pantry.



SBDC
We are a satellite location for local entrepreneurs to meet regularly with Anne Getchell, USDA Rural Development Business Counselor. This program is designed to deliver up-to-date advice, training and technical assistance in areas such as business plan development, cash flow projections, bookkeeping, access to capital, human resource issues, buying/selling a business, and basic legal and tax information. These services are provided at not cost to the client.



NHmade was developed to help the craftspeople of New Hampshire to sustain success during the off-season and to bring the world market to them through the internet. Please visit the site at NHmade.com.



Voith Sulzer
's business revolves around the manufacture of heavy duty machinery for the pulp and paper processing industry. This facility located in Commerce Park of Farmington is a part of the Service Division and will provide a machinery rebuild and repair center for northeastern U.S. and eastern Canada. They have invested over $7.3 million in the 37,600 square foot facility and have committed to creating highly skilled jobs.



The Commerce Park of Farmington
is a WEDCO owned property located on Route 11, three miles from Spaulding Turnpike (Route 16). The entrance road, Commerce Park Way was constructed in 1998. It was designed and built to handle the heavy truckloads that are shipped from and delivered to the Voith Sulzer Paper Technologies Service Center. There are underground utilities (electricity including three phase power, phone, etc.) and municipal water. There are 39 acres zoned industrial available, please contact us for additional information.



Three Phase Line Construction
The Town of Farmington and WEDCO have been awarded a CDBG grant from the Office of State Planning. WEDCO will lend this money to North and South Investors, LLC. The funds will be used to construct a 10,000 square foot building which will be the new home of Three Phase Line Construction. The building will consist of three drive through bays, three offices, a conference room, storage facility and a covered area for equipment. This project will also create thirteen new highly skilled jobs.

WEDCO Loan Fund This revolving loan fund is available to existing and new area businesses and an initial investment by the applicant(s) is required. Primary use is for acquisition of fixed assets, inventory and working capital. Preservation of existing jobs and/or new job creation is important. Applicants are expected to provide a business plan, personal financial statement and tax returns (3 years). Assistance is available for completion of the business plan and cash flow projections.