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October 13, 2023

Women’s Business Development Council to open office in former Webster Bank HQ

Elana Milianta is chair of the Women's Business Development Council and is director and investment management consultant at financial advisory firm Alex Brown.
By Andrew Larson

The Women’s Business Development Council is set to open a new office in downtown Waterbury on Tuesday.

WBDC, which supports women-owned businesses in and around Waterbury, has established its office at the former headquarters of Webster Bank at 132 Grand St., in the city’s downtown.

The newly renovated 5,300-square-foot office space is on the second floor of the building.

A ribbon-cutting ceremony Tuesday will feature government officials and community leaders, including state Sen. Joan Hartley, Rep. Ron Napoli, Board of Aldermen President Paul Pernerewski and Fran Pastore, founder of WBDC.

Webster Bank’s chief corporate responsibility officer, Marissa Weidner, will speak on behalf of the bank, which is a founding investor of the WBDC’s office. Webster Bank has committed to providing $300,000 over five years to help support the office.

Also, the WBDC has received funding from the state Department of Economic and Community Development and the city of Waterbury.

The ribbon-cutting ceremony is at 10 a.m. Tuesday, Oct. 17, at 132 Grand St., Waterbury.

According to the announcement, WBDC has educated and trained nearly 18,000 clients in all 169 Connecticut towns since 1997. It has helped women to launch, sustain and scale almost 13,500 businesses, create and maintain more than 29,600 jobs, and access more than $52.5 million in capital.

There are also Small Business Administration Women’s Business Center locations in Stamford, New London and New Haven.

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