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In this episode of the Think Small podcast, we sit down with Jack Terrill, Executive Director of the Wentworth Economic Development Corporation (WEDCO) in rural New Hampshire. Jack shares how WEDCO supports small and mid-sized businesses by providing gap financing, guidance, and access to capital for entrepreneurs who may not qualify for traditional bank loans. From helping launch niche ventures like goat farms and curated toy stores to supporting auto repair shops and tourism-driven businesses, WEDCO plays a critical role in strengthening the local economy through creative lending and hands-on advising.
The conversation dives into the unique challenges of operating in a seasonal, rural market—from managing cash flow during long winters to capitalizing on peak tourist seasons. Jack also discusses WEDCO’s evolving strategy, including expanding its funding sources, exploring equity partnerships, and ensuring long-term sustainability and impact. With a strong belief in building generational wealth through small business ownership, this episode highlights how community-focused investment and strategic support can create lasting economic growth.
Connect:
Website:
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By The Think Small PodcastIn this episode of the Think Small podcast, we sit down with Jack Terrill, Executive Director of the Wentworth Economic Development Corporation (WEDCO) in rural New Hampshire. Jack shares how WEDCO supports small and mid-sized businesses by providing gap financing, guidance, and access to capital for entrepreneurs who may not qualify for traditional bank loans. From helping launch niche ventures like goat farms and curated toy stores to supporting auto repair shops and tourism-driven businesses, WEDCO plays a critical role in strengthening the local economy through creative lending and hands-on advising.
The conversation dives into the unique challenges of operating in a seasonal, rural market—from managing cash flow during long winters to capitalizing on peak tourist seasons. Jack also discusses WEDCO’s evolving strategy, including expanding its funding sources, exploring equity partnerships, and ensuring long-term sustainability and impact. With a strong belief in building generational wealth through small business ownership, this episode highlights how community-focused investment and strategic support can create lasting economic growth.
Connect:
Website:
LinkedIn: