logoWelcome!
Also known as The Watertown Trust, 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:

  • Fixed-interest loans for real estate, machinery and equipment
  • Working Capital financing
  • Leasehold improvement financing
  • Assists in securing primary financing through commercial banks

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:

  • Close to Fort Drum, home of the U.S. Army the 10 Mountain Division, Light Infantry, thecounty's largest employer, infusing over $500 million annually into the local economy.
  • Located close to abundant natural resources Lake Ontario, Thousand Islands,St. Lawrence River, Tug Hill Plateau and Adirondack Mountains.
  • Higher education can be found locally at Jefferson Community College, and within 90 minutes you can reach nine different universities and colleges.
  • The City of Watertown (pop. 27,000) is the county seat of Jefferson County (pop. 115,000), and the largest city in Northern New York.
  • Jefferson County offers exceptional health care, and is home to a number of excellent public and private schools.
  • The Northern New York area offers an available and affordable real estate market.