Includes $20.5 Million Tax-Exempt Revenue Bond

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved nearly $30.5 million in business financings, including reissuance of a $20.5 million tax-exempt revenue bond. Roughly $10 million of the total approved financing is comprised of loans for a variety of economic development projects in Vermont’s commercial, agricultural, small business and energy sectors.

Montpelier, VT - A new slate of elected officers will serve in leadership positions on the Vermont Economic Development Authority (VEDA) Board of Directors. “VEDA is fortunate to have so many experienced and talented Vermont leaders on the Authority’s Board,” said Jo Bradley, VEDA’s Chief Executive Officer. “We greatly appreciate their dedicated service in support of VEDA’s economic development mission.”

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved $6.3 million in loans for economic development projects totaling over $16.5 million throughout Vermont. Creation of more than 100 new jobs throughout Vermont is projected within three years of completion of the financed projects.

Montpelier, VT – The Vermont Economic Development Authority (VEDA) approved $10.3 million in commercial development financings, leveraging additional investment of $16 million to help support commercial projects totaling $26.3 million. The Authority also approved $6.1 million in agricultural and drinking water system improvement loans, bringing total VEDA financing approvals for the last three months to $16.4 million.

Burlington, VT – VEDA’s $64.3 million in financing in FY 2013 leveraged $120.8 million in private capital for commercial, small business and agricultural projects that totaled $185.1 million. Of the loans VEDA closed in 2013, 79 commercial and small business loans impacted 2,696 jobs having an average hourly wage of $31.71, including benefits.

Montpelier, VT – New financing for Vermont commercial, small business and agricultural sustainable energy projects is available at the Vermont Economic Development Authority (VEDA). A bill creating the new Vermont Sustainable Energy Loan Fund was signed into law by Governor Peter Shumlin this summer, and project applications are now being invited by the Authority.

Montpelier, VT – The Vermont Economic Development Authority (VEDA) approved $8 million in financing to support several commercial and non-profit development projects, as well as agricultural, small business, and technology projects totaling $17.2 million. Among the projects approved for financing by the Authority are:

Montpelier, VT – Commercial, educational and agricultural development projects totaling almost $19 million were approved for $9.4 million in financing assistance by the Vermont Economic Development Authority (VEDA).

As reported by Vermont Business Magazine on June 17, 2013 -