Annual Reports

An excerpt from the Annual Report for the fiscal year ended June 30, 2024:

“… This marks our 50th year serving Vermont businesses and helping advance the state’s economic policy goals. … VEDA closed over $58 million in financing commitments to 129 businesses during fiscal year 2024. This includes $24 million for commercial and small businesses, $7 million in renewable energy and energy efficiency projects, $4 million in broadband financing… (and)  $14 million in financing commitments to agricultural businesses. …

During fiscal year 2024 we created the Forestry Loan Program which offers loans at a discounted interest rate to meet financing needs of businesses in the forest products sector. We know and appreciate the importance of the forest industry on our state’s past, present and future, and through this program we can help those in the forest economy grappling with shorter winters and muddy forests brought on by climate change. … 

During its 50-year history, VEDA has made over 11,000 financing commitments totaling over $2.8 billion. As we embark on our next half century we are committed as ever to supporting Vermont’s businesses and continuing to strengthen Vermont’s economic vitality.”

Audited Financial Statements

To review VEDA's Financial Statements with Supplementary Information as of and for the Years Ended June 30, 2024 and 2023 (and Report of Independent Auditors), click here. 

Additional financial information may be obtained by contacting VEDA.