Wayne County Economic Development Corporation
About
The Wayne Economic Development Corporation advances our mission through providing economic resources and financing opportunities for new and established businesses in Wayne County.
Our Revolving Loan Fund provides a second source of financing (gap financing) for eligible businesses wishing to expand or locate in Wayne County and who have been unable to fully finance their projects with equity, conventional financing, or other private and public sources. Funds can be used for the acquisition of land, buildings, and fixed equipment, site preparation and construction, reconstruction or installation of buildings and fixed equipment, the payment of assessments for sewer, water, street, other public utilities, and working capital.
Our Microenterprise Revolving Loan Fund is designed to provide small loans to start-up, newly established, or growing small businesses. A key objective of the program is to assist business owners who have traditionally had difficulty accessing debt financing. Funds may be used for working capital, inventory purchases, machinery and equipment, furniture, fixtures, supplies, leasehold improvements, minor building renovation/rehabilitation, or natural disaster recovery.
Our GAIN Loan Fund supports capital projects for the creation, retention and expansion opportunities for the region’s farmers and agricultural related businesses.
Services Provided
Business Planning
- Business Plan Consulting
- Forming a Business
- Demographic and Census Data
Economic and Site Development
- Economic Development
- Revitalization
- Site Location Assistance
- Tax Credits
Events and Community Building
- Pitch Events
Financial Resources and Assistance
- Matching Funds
- Tax Credits
- Microloans
- Real Estate Finance
- Loans
- Government Funding
- Debt Funding
- Grant Funding
Human Resources, Workforce and Talent
- Apprenticeship
- Employee Development
- Workforce Incentives
- Workforce Training
Import and Export Assistance
- Networking/Exploring Exporting
- Financial Assistance for Exporting Activities
- Identification/Research of Foreign Markets
Operations and Logistics
- Freight and Distribution
Starting a Business
- Business Research Resources
- Forming a Business
- Site Location
- Startup Business Counseling
- Startup Classes
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