The Watertown Local Development Corporation (WLDC) is a 501-(c) 3 public benefit corporation engaging in economic development in the City of Watertown. The WLDC exists to help move your strategic business plans forward. Financing options and incentives through the WLDC:
Retail and commercial space is available in the newly renovated Franklin Building, 50 Public Square, Downtown Watertown. For more information call 315-786-3494.
There are many demographics and resources that make Watertown NY the ideal location for many types of businesses and industries. Here are just a few:
$10,000 maximum loan
3% fixed interest rate
Statement of need required
Fee will be waived
No payment for 3 months, interest only payments for 9 months then amortized over 5 years
Personal financial statement required
Signed credit authorization form required
We exist to foster an environment of cooperation between City Government, Economic Development Agencies and the private sector with the goal of promoting economic expansion and prosperity in the City of Watertown. To use the LDC’s financial resources to leverage other investment, with the goal of job creation, retention and elimination of blight.