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VEDA Named One of 30 Best Places to Work in Vermont

VEDA was recently named as one of the thirty Best Places to Work in Vermont in 2015. The annual Best Places to Work in Vermont awards program was created in 2006 by Vermont Business Magazine, the Vermont Chamber of Commerce, the Vermont Department of Economic Development, the Vermont Department of Labor, the Society for Human Resource Management (SHRM) ­ Vermont State Council and Best Companies Group. This statewide survey and awards program was designed to identify, recognize and honor the best places of employment in Vermont, benefiting the state's economy, its workforce and businesses. The final rankings for each category will be announced at a special awards presentation on March 26, 2015 at the ECHO Lake Aquarium and Science Center from 5 pm thru 7:30 pm. Learn more here.

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VEDA APPROVES NEARLY $30.5 MILLION IN BUSINESS FINANCINGS

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.

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VEDA'S 2014 BOARD OF DIRECTORS ELECTS NEW SLATE OF OFFICERS

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.”

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VEDA Financing Assistance Projected to Help Businesses Create 100+ New Jobs

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.

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VEDA’s COMMERCIAL FINANCINGS of $10.3 MILLION LEVERAGE ADDITIONAL $16 MILLION INVESTMENT in DEVELOPMENT 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.

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VEDA’S $64.3 MILLION IN FY 2013 FINANCING LEVERAGES $120.8 MILLION IN PRIVATE CAPITAL FOR ECONOMIC DEVELOPMENT PROJECTS

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.

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NEW SUSTAINABLE ENERGY FINANCING AVAILABLE AT VEDA

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.

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VEDA APPROVES $8 MILLION in DEVELOPMENT FINANCING

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:

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$9.4 MILLION IN BUSINESS DEVELOPMENT FINANCING APPROVED BY VEDA

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).

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