VEDA September 2021 Board Meeting

The VEDA Board of Directors will meet on Friday, September 24, 2021 at 9:30 a.m.  The majority of the Board and VEDA staff will be participating remotely.  VEDA recommends you participate remotely.   Please call 1 (802) 828-5627 for access information.  If you cannot attend the meeting remotely, connection to the meeting will be available at VEDA's office located at 58 East State Street, Montpelier, VT 05602.

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VEDA Approved $26.6 Million in Business Development Financing Last Quarter

Montpelier, VT – During the most recent quarter ending June 30, The Vermont Economic Development Authority (VEDA) approved over $26.6 million in new financing to support 408 farms and businesses throughout Vermont. VEDA surpassed its previous quarter with a near $13 million increase. Of the newly approved financing, a total of $9.7 million was approved through VEDA’s traditional loan programs and $17.7 million in Small Business Administration (SBA) Paycheck Protection Program loans (PPP).

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VEDA Approved $14.4 Million in Business Development Financing Last Quarter

Montpelier, VT – During the most recent quarter ended March 31, the Vermont Economic Development Authority (VEDA) approved over $14.4 million in new financing to support commercial, agricultural, small business and renewable energy projects across Vermont. VEDA also closed over $25.4 million in new loans, including $14.5 million in Paycheck Protection Program (PPP) forgivable loans for over 300 businesses and farms.  

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VEDA Approved Over $20 Million in Financing Last Quarter; Now Accepting Applications for PPP Forgivable Loans

Montpelier, VT – The Vermont Economic Development Authority (VEDA) approved over $20.3 million in new financing for Vermont businesses and farms during the quarter ended December 31, an almost $15 million increase over the previous quarter.

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VEDA APPROVED FINANCING FOR OVER 400 VERMONT BUSINESSES AND FARMS IN FY20

Montpelier, VT – The Vermont Economic Development Authority (VEDA) approved $75 million in financing assistance for 439 Vermont businesses and farms during its fiscal year ended June 30. Loans were approved to businesses in over 17 economic sectors like agriculture, manufacturing and renewable energy generation, often in partnership with local banks, credit unions and other lenders.  

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VEDA APPROVED $5.9 MILLION IN FINANCING LAST QUARTER; HELPED HUNDREDS OF VERMONTERS ACCESS DISASTER RELIEF PROGRAMS

Montpelier, VT – The Vermont Economic Development Authority (VEDA) today announced $5.9 million in approved financing for Vermont businesses and farms during the quarter ended September 30. VEDA also approved an additional $641,000 in Paycheck Protection Program (PPP) loans for 44 Vermont businesses and farms during the quarter before the program ended on August 8.

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VEDA COVID-19 NEWS: Fall Update

Updated: December 9, 2020

VEDA continues to closely monitor ongoing developments of the coronavirus (COVID-19). Our primary focus is the safety and well-being of our borrowers and employees as we implement new emergency loan programs that can help Vermont businesses survive these health and economic crises.

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