FAQs • Washington County, NY • CivicEngage

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Does the LDC provide loans?: The LDC provides loans to large companies, targeting projects that expand businesses and create jobs. In 2013, the LDC’s portfolio of 34 loans totaled almost $3.7 million.

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FAQs - LDC

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1. What is the Washington County LDC (WCLDC)?: The Washington County Local Development Corporation (WCLDC) is a not-for-profit corporation that was formed in 1985 to administer the county’s economic development programs. The goals of the organization are to create and retain jobs, strengthen the economy, and to increase the taxable value of real property.

2. What type of business's are located in Washington County?: With a healthy mix of large employers and homegrown business, and industries ranging from medical equipment to artisanal cheese, Washington County, N.Y., has an unusually diverse economy.

3. What is the Microenterprise Assistance Program (MAP)?: To help entrepreneurs launch, grow and flourish, LDC offers a 10-week Microenterprise Assistance Program (MAP) that covers financing, marketing, legal issues and other topics. The LDC also provides technical support and low-cost loans to MAP graduates. In 2012, MAP served more than 50 individuals.

4. Does the LDC provide loans?: The LDC provides loans to large companies, targeting projects that expand businesses and create jobs. In 2013, the LDC’s portfolio of 34 loans totaled almost $3.7 million.