Maine 2024 Young Entrepreneur of the Year W.E. Farm
Aroostook County has been shaped by its family owned farms, and over the years the importance of preserving the farming traditions has become clear. At a time when many farms are being sold off to large companies or solar companies, W.E. Family Farms (under the business name W&E Events and Rentals) has been able to sustain itself well. Starting the business in 2019, Candace Edgecomb brought a new entrepreneurial spirit and energy to an industry that has not typically seen leadership from women, much less young women.
Bringing experience and knowledge on tractor and large vehicle repair to the farm she runs with her husband Chris, Candace started looking for ways to ensure the business could survive the challenges faced by all Aroostook County farms. She reached out to the Small Business Development Center and connected with a business mentor to start planning ways to diversify her revenue. After meeting with her advisor, Candace saw that there was a gap in the market for event planners and venues north of Bangor. After a bit of planning, she started the affiliated business W.E. Events, handling event planning and hosting weddings at the farm during the off season. She also joined the USDA Pollinator program to increase the presence of native bee-friendly plants on the farm and secure support from the Federal program that would add to the financial viability of the farm.
As the farm has secured its financial stability and grown its revenue over the years of Candace’s management, community involvement has become a focus for W.E. Family Farm. After the loss of many community events in the area, Candace committed to creating a Haunted Woods Walk for families to participate in during the Halloween season, and has plans to launch a botanical garden project that would benefit her community as well. She has also worked with other local farmers to develop flexible payment options for hay or use of her equipment, allowing them to barter with their own products if they need to.
As a young leader in a crucial industry in Northern Maine, and one who is committed to supporting her community and other small farmers, Candace has secured her place among Maine’s farming industry. Because of her efforts to preserve small farms in Aroostook County, the SBA is pleased to name Candace Edgecomb as the 2024 Young Entrepreneur of the Year for Maine.