Grafton County NH Economic Development Council - Loan Programs
Grafton County Economic Development Council
Fall Foliage

In the News...


April 9, 2008
Lakes Region SCORE to Offer Course
Serving the southeast part of Grafton County, the Lakes Region Service Corps of Retired Executives (SCORE) is offering a April 29 workshop on starting a business. 

(more here)


April 1, 2008
GCEDC Celebrates Incubator Success
The Grafton County Economic Development Council (GCEDC) joined its economic development partner, North Country Council in celebrating an announcement that Mascoma Corporation had successfully found space to relocate within Grafton County’s Upper Valley area.  

(more here)

Loan Programs

As one of eleven Regional Development Corporations in New Hampshire, the GCEDC helps small businesses find the financing they need in order to grow and create jobs.  The GCEDC has several secondary loan funds to finance a wide variety of business needs, including working capital, equipment and real estate.  Our loans are usually provided in coordination with private sector lenders. 

Below is a list of our lending programs. We encourage you to contact us to discuss your business. You need not know in advance which programs may apply to you.

 Community Development Block Grants-  This program (also referred to as 'CDBG') provides federal funds to local governments.  They, in turn, distribute these funds as loans to job-creating businesses.  Funds must be used to create jobs, mainly for people from a low to moderate income background.  In Grafton County, municipalities and the county use the GCEDC as a manager of these loan funds. 

USDA Rural Development Intermediate Relending Program (IRP)-  The GCEDC relend federal funds that it receives in order to assist job creating businesses. 

   For more information on the GCEDC's program, contact the GCEDC's Loan Officer, Bob Walker.