Belknap EDC Helps finance Hermit Woods Winery’s Expansion

Press release

Text:  Working with the Belknap EDC, Hermit Woods Winery recently received the support and funding needed to expand their customer offerings at their Meredith location.  Belknap EDC contributed funds toward the purchase of new equipment and other fixtures to expand Hermit Woods into new lines of business including deli products and other food items.

Hermit Woods Owners (L to R): Ken Hardcastle, Bob Manley, Charles Lawrence, Ken Wilson (Belknap EDC Loan Officer)

Bob Manley, owner/partner at Hermit Woods, said, “Working with Ken Wilson from BEDC, has been a pleasure.  We have found the perfect solution for our expansion and cannot thank everyone enough for helping us make this happen.” “This is our second project with the support of BEDC and we have enjoyed our collaborations with BEDC, in particular, its’ business revolving loan programs.”

Ken Wilson, BEDC Loan Officer, added, “We couldn’t be prouder to work with Hermit Woods Winery and assist their team as they continue to grow and expand in Meredith.”  “Hermit Woods is a community and business leader in Meredith and we greatly appreciate their support of our Lakes Region community.  Their commitment to grow their business and create jobs here is commendable and we look forward to their continued progress.”

About Hermit Woods Winery

Founded in 2011, Hermit Woods is a small boutique winery producing fruit wine, meads, and ciders. Our wines and ciders are local (as much as possible), vegan (except the honey wines), gluten free, raw, and made from non-certified but mostly organic fruit. We always use whole fruit and gentle hand processing. Our wines, meads, and ciders are styled after classic dry European grape wines. Hermit Woods sees over 8,000 visitors in their tasting room every year, and its wines are available throughout New Hampshire and direct to consumer in 37 states.

Hermit Woods Winery and Deli is located at 72 Main Street in Meredith NH, just a stone's throw away from New Hampshire's famous Lake Winnipesaukee. The winery is open seven days a week year round. Wine tastings are offered during all open hours, while tours are available on weekends or by appointment. Visit them at www.hermitwoods.com to learn more.

About Belknap EDC

Belknap EDC is one of ten non-profit regional development corporations in the state of NH.  Since its inception in 1992, Belknap EDC has brought $3.5 million in new capital to Belknap County in the form of federal grants and loans that comprised the seed capital for its revolving loan fund. Belknap EDC has used this capital to make loans to 85 Belknap County businesses, which leveraged over $75 million in capital from other sources and created or retained over 1,700 jobs. Our loan fund continues to assist new and growing businesses who cannot access 100% of the financing they need from conventional sources. Belknap EDC works to retain and attract talented people to Belknap County, support entrepreneurs in Belknap County, enhance workforce development programs in the Lakes Region, and serve as a catalyst for development in the region. For more information, visit www.BelknapEDC.org