Mount Washington Valley Economic Council

What Mount Washington Valley Economic Council does

The Mount Washington Valley Economic Council (MWVEC) is a private non-profit economic development organization founded in 1990 and headquartered at 53 Technology Lane, Conway, New Hampshire. The council's mission is to improve communities across the Mt. Washington Valley region by supporting the establishment and growth of new businesses, with a particular focus on technology-intensive firms. Its operational centerpiece is the Tech Village Business Resource Center, an 80-acre multipurpose technology business park located off Route 16 in Conway, NH, which includes a business incubator offering affordable office space, buildable lots with completed infrastructure, and shared services such as receptionist support, phone system, office equipment, meeting rooms, notary services, and high-speed internet.

The council serves SMBs, technology startups, and local business community members across twelve represented towns — Albany, Bartlett, Brownfield, Chatham, Conway, Eaton, Freedom, Fryeburg, Jackson, Madison, Ossipee, and Tamworth. Its business model is diversified across three revenue streams: annual membership dues (cycled January through December), a Revolving Loan Fund providing capital to local businesses, and grants (notably a $500,000 award from the Northern Border Regional Commission in August 2023). Supporting programs include community events (Eggs and Issues), training Bootcamps, the MWV Science Fair, and a Technical Assistance service line.

Operations are lean — three staff (Executive Director Jac Cuddy, Business Manager Diane Ryan, Administrative Assistant Susie Hall-Kennett) — with governance provided by a volunteer Board of Directors including a Chairperson (Andrew Orsini, Merrill Lynch), Vice Chairperson (Ted Kramer, retired GE), and Secretary/Treasurer (Sue Perry, Union Bank). Note: a separate source records a 2016 founding date; the 1990 date reflects the primary firmographic record, with 2016 likely representing a re-establishment or organizational milestone.

Name

Mount Washington Valley Economic Council

Legal name

Mount Washington Valley Economic Council

Website

https://mwvec.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Mount Washington Valley Economic Council is a Conway, NH-based non-profit that operates the Tech Village, an 80-acre business incubator and technology park, serving SMBs, startups, and twelve regional towns through shared office space, a Revolving Loan Fund, and community programming.

Ownership category

akta.pro rank

Product category

Economic Development Services

NAICS

Administrative and Support Services (561)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industry

Community Centers & Neighborhood Support Services (BPAGAEAL)

Keywords

• Economic development services
• Business incubation programs
• Small business lending
• Membership organization services
• Commercial office leasing

Headquarters

HQ city

North Conway

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Membership Dues: Annual membership dues from businesses and individuals in the Mt. Washington Valley community. Membership provides networking opportunities and business promotion benefits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The Mount Washington Valley Economic Council operates the Tech Village Business Resource Center, an 80-acre technology business park and business incubator in Conway, NH that provides affordable commercial office space, buildable lots with infrastructure in place, and shared support services (receptionist, phone system, office equipment, meeting rooms, notary services, and high-speed internet) to small technology-intensive businesses. It also administers a Revolving Loan Fund, Technical Assistance, and an annual Membership Program for businesses and individuals in the Mt. Washington Valley region.

Product overview

The Mt. Washington Valley Economic Council operates as an economic development organization offering a unified portfolio of business development services centered around the Tech Village Business Resource Center. The core offering is the Tech Village, a multipurpose 80-acre technology business park in Conway, NH that includes a Business Incubator with office space, support services (receptionist, phone system, meeting rooms, high-speed internet), and buildable commercial lots. Supporting services include a Revolving Loan Fund for business financing, Technical Assistance programs, Membership services, and community events (Eggs and Issues, Bootcamps, MWV Science Fair). The council functions as a business incubator and economic development agency rather than a technology product company.

Differentiator

Problem solved

Functional benefit

Brands

• Tech Village: Technology Village Business Resource Center - a business incubator providing affordable office space, buildable lots with infrastructure, receptionist services, phone system, office equipment, meeting rooms, notary services, and high-speed internet for technology-intensive businesses in Conway, NH.

Products and services

• Tech Village Business Resource Center An 80-acre multipurpose technology business park and business incubator facility located in Conway, NH, just off Route 16, offering affordable commercial office space and buildable lots with infrastructure in place to technology-intensive businesses and to businesses looking to start, expand, or relocate in the Mt. Washington Valley.
• Business Incubator Services Incubator facility within the Tech Village that provides small high-tech businesses with shared resources and support services including receptionist, phone system, office equipment, meeting rooms, notary services, and high-speed internet connection in a cost-effective environment. A variety of office suite sizes are available.
• Revolving Loan Fund Financial loan program administered by the council that provides capital access to businesses in the Mt. Washington Valley region for starting, expanding, or relocating operations.
• Technical Assistance Business development support service helping companies with technical and operational guidance as part of the council's economic development offerings.
• Council Membership Program Annual membership program for businesses and individuals in the Mt. Washington Valley community, running from January 1st through December 31st, providing business promotion opportunities and access to council resources, networking, and representation.

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• ML OrsiniminorOthersML Orsini is listed as a sponsor of the Mt. Washington Valley Economic Council, providing financial or promotional support for the organization's activities and programs.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/mwvec
• LinkedInlinkedin.com/company/mt-washington-valley-economic-council

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mount Washington Valley Economic Council