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VEDA APPROVES BUSINESS DEVELOPMENT FINANCINGS TOTALING $32 MILLION

MONTPELIER, VT – VEDA has approved $32 million in loan and bond financing forseveral business development projects, including bond reissuance for a large non-profit retirement community, expansion of a Morrisville manufacturing facility, and construction of a new boutique hotel inBurlington.

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VEDA FINANCING APPROVALS TOP $10.4 MILLION

MONTPELIER, VT – Business loans and bond financings in excess of $10.4 million have been approved by the Vermont Economic Development Authority (VEDA). It is estimated that the VEDA financing will help stimulate $15.5 million in economic development activity throughout the state.

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VEDA APPROVES $11 MILLION IN ECONOMIC DEVELOPMENT FINANCING

MONTPELIER, VTThe Vermont Economic Development Authority (VEDA) has approved business and agricultural financings totaling $11 million, helping stimulate $25 million in economic development activity throughout the state.

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VEDA APPROVES $13.4 MILLION IN ECONOMIC DEVELOPMENT FINANCING

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $13.4 million in financing to support economic development projects throughout Vermont.

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VEDA Approves $5.6 Million in Business and Agricultural Financing

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $5.6 million in business and agricultural financing, helping to leverage enough private investment to support economic development projects totaling $13.4 million.

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VEDA Records Increased Loan Volumes During Fiscal Year 2011

South Burlington, VT – Direct loan closings by the Vermont Economic Development Authority (VEDA) to Vermont commercial businesses and farms were up for the third year running as of June 30, 2011. And financings not directly included on the Authority’s balance sheets – such as industrial development bonds, mortgage insurance contracts, and SBA 504 loans – were more than double those of the year before.

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VEDA Approves $6.9 Million in Business Financing

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $6.9 million in economic development financing to businesses throughout the state.

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Obama Administration and Governor Shumlin Announce Funds to Spur at Least $132 Million in New Lending to Vermont Small Businesses

WASHINGTON – Today, the U.S. Department of the Treasury and Vermont Governor Peter Shumlin announced the approval of Vermont’s State Small Business Credit Initiative (SSBCI) application. Vermont’s planned use of the SSBCI funds will help create new jobs and spur more than $132 million in additional small business lending in that state. The SSBCI program, which supports state-level small business lending programs, is an important component of the Small Business Jobs Act that President Obama signed into law last fall.

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VEDA Approves $52.6 Million in Business Financing During Last Quarter of 2010

MONTPELIER, VT – During the last quarter of 2010, the Vermont Economic Development Authority (VEDA) approved $52.6 million in financing assistance to Vermont businesses undertaking development and expansion projects throughout the state.

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VEDA Board of Directors Elects New Slate of Officers

Montpelier, VT - A new slate of officers will serve in leadership positions on the Vermont Economic Development Authority (VEDA) Board of Directors. “VEDA is very fortunate to have a Board comprised of such talented, experienced, and dedicated Vermonters, and from among their ranks, a new Board Chair, Vice-Chair, and Treasurer have been elected,” said VEDA’s Chief Executive Officer Jo Bradley. The newly elected VEDA Officers include:

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