Westminster Economic Development Initiative, Inc.
Buffalo, NY Doing business as Wedi
- UEI
- GEEUZ91HMYH7
- CAGE
- 6WP61
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 1432 Niagara St, Buffalo, NY 14213, USA
- Website
- wedibuffalo.org
- Founded
- 2006
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Consumer Discretionary
- Consumer Services
- Diversified Consumer Services
- Specialized Consumer Services
- SIC code
- 86 Membership Organizations
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Westminster Economic Development Initiative, Inc., doing business as Wedi, is a tax-exempt nonprofit organization and community development corporation headquartered in Buffalo, New York. As a certified Community Development Financial Institution (CDFI), Wedi has established itself as a key provider of financial services and business development support to underserved populations in its region. The organization serves as an intermediary lender and technical assistance provider, facilitating access to capital and entrepreneurial support for individuals and small business concerns that have historically experienced barriers to credit and financial services.
Wedi's federal grant portfolio demonstrates a comprehensive approach to community economic development spanning multiple federal agencies and programs. The organization has been a consistent prime recipient of SBA Microloan Program grants through the Office of Capital Access, receiving annual awards beginning in 2021 to provide microloans up to $50,000 to startup and growing small business concerns, along with associated marketing, management, and technical assistance. Complementing this core lending program, Wedi has received multiple grants from the Community Development Financial Institutions Fund, including a $200,000 CDFI Rapid Response Program award in 2021 to address COVID-19 economic impacts, CDFI Technical Assistance grants in 2022 to build organizational capacity, and a larger CDFI Equity and Resilience Program grant in 2023 extending through 2028 to expand lending and investment activities in low to moderate-income communities affected by the pandemic. Additionally, Wedi administers the Refugee Microenterprise Development Program through the Office of Refugee Resettlement, providing microenterprise loans, credit-building assistance, and culturally appropriate technical support to refugees establishing small businesses, with funding extending through 2026. The organization also received a $950,000 Congressional earmark through the SBA's Office of the Chief Operating Officer in 2022 to support small business development and entrepreneurship initiatives. Through these diverse grant programs, Wedi delivers integrated financial products, technical assistance, training, and capacity-building services to entrepreneurs, small business owners, refugees, and individuals in economically disadvantaged communities throughout the Buffalo area.
Quick answers
Is Westminster Economic Development Initiative, Inc. registered in SAM.gov?
Yes. Westminster Economic Development Initiative, Inc.'s SAM.gov registration is active through October 7, 2027.
What is Westminster Economic Development Initiative, Inc.'s most recent federal award?
Westminster Economic Development Initiative, Inc.'s most recent federal grant award is Westminster economic development initiative, INC. - NY to assist all entrepreneurs business owners and other… (SBAHQ25Y0138), from Office of the Chief Operating Officer, on July 1, 2025.
On GovTribe
See Westminster Economic Development Initiative, Inc.'s full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors