Montpelier, VT - A new slate of elected officers will serve in leadership positions on the Vermont Economic Development Authority (VEDA) Board of Directors. “VEDA’s Board is comprised of experienced and dedicated professionals,” said Jo Bradley, VEDA’s Chief Executive Officer. “We deeply appreciate their work in helping to advance the Authority’s economic development mission.”
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Montpelier, VT – During the most recent quarter, the Vermont Economic Development Authority (VEDA) approved over $17.4 million in financing for economic and agricultural development projects throughout Vermont totaling $30.2 million.
“VEDA is pleased to provide financing that will help manufacturing, agricultural and small business projects move forward with their growth plans,” said Jo Bradley, the Authority’s CEO. “In addition, a community health center will expand, and several renewable energy and start-up initiatives will also receive VEDA financing.”
Read MoreSouth Burlington, VT – In Fiscal Year 2016, VEDA approved financings of $129 million – higher than any prior year, including last year’s approvals of $88 million. The Authority also surpassed any prior year’s agricultural loan approvals – $25.8 million to Vermont farms and agricultural businesses.
These and other measures of the Authority’s contributions to Vermont’s economy will be presented today at VEDA’s 42nd Annual Meeting in South Burlington.
Read MoreDirector of Operations Cassie Polhemus to Assume COO Position
Montpelier, VT – The Vermont Economic Development Authority (VEDA) has announced two key management changes. Long-time Chief Operating Officer (COO) Steve Greenfield will retire at the end of 2016 and current Director of Operations, Cassie Polhemus, will assume the COO position.
Read MoreMontpelier, VT – The Vermont Economic Development Authority (VEDA) has approved financing of $7.8 million in financing for economic development projects throughout Vermont totaling $16.8 million. “VEDA is so pleased to be able to provide growth financing to several start-up and early-stage businesses,” said Jo Bradley, VEDA Chief Executive Officer. “In addition, VEDA is helping a long-dormant hydroelectric production facility in southern Vermont once again produce renewable energy.”
Read MoreSome recent news coverage about Vermont economic development projects which VEDA helped finance:
A WCAX story on Smugglers Notch’s expansion project; a Bennington Banner story on the new Hampton Inn breaking ground; a Business Vermont story on Maple Landmark’s manufacturing plant expansion; an Addison Independent story about Golden Well Farm and Apiaries; and a Stowe Reporter story about a local restaurant’s building purchase.
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Montpelier, VT – The Vermont Economic Development Authority (VEDA) has announced two staff promotions in its agricultural lending program, the Vermont Agricultural Credit Corporation (VACC). “We are delighted that two of our very talented staff members have agreed to take on more responsibilities in the important work of providing loans to Vermont farmers and agricultural businesses,” said Jo Bradley, VEDA’s Chief Executive Officer.
Read More“VEDA is pleased to offer financing assistance that willhelp businesses expand, enhance recreational and tourism offerings in our state, and support Vermont agriculture,” said VEDA CEO Jo Bradley. “Renewable energy generation projects will also come to fruition with VEDA’s help.” Read More
MONTPELIER, VT - Special loan programs are now available for affected building contractors holding unpaid invoices for work done at Jay Peak and Burke Mountain Ski Areas. The Vermont Economic Development Authority (VEDA) and the Northern Community Investment Corporation (NCIC) are collaborating to provide interim working capital financing to eligible and qualified affected businesses as they face a busy summer construction season.
