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VEDA APPROVES $12 MILLION in AGRICULTURAL, BUSINESS LENDING

Montpelier, VT – Financing of $12 million was approved by the Vermont Economic Development Authority (VEDA) to help support Vermont economic development projects totaling over $32 million. Several manufacturing expansion projects were approved for VEDA lending, as were agricultural, energy, entrepreneurial and small business projects.

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VEDA APPROVES $5.6 MILLION IN DEVELOPMENT FINANCING

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved $5.6 million in financing for economic development projects throughout Vermont. The Authority’s financings leveraged enough private funds to bring project totals to $14.3 million.

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VERMONT AMONG THREE STATES TO DISTRIBUTE ALL FEDERAL JOBS DEVELOPMENT FUNDS

MONTPELIER, VT - The U.S. Treasury Department has announced that Vermont is one of only three states to have fully deployed their federal State Small Business Credit Initiative (SSBCI) funds. In 2011, through the Small Business Jobs Act, Vermont received $13.2 million in SSBCI funding, to be administered by the Vermont Economic Development Authority (VEDA). The other two states to have fully deployed their respective federal funds are Idaho and North Dakota.

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VEDA Ranked 7th Best Place to Work in Vermont Among Small to Medium Companies

Vermont Business Magazine and the Vermont Chamber of Commerce have announced the ranking of the top thirty Best Places to Work in Vermont 2015. "VEDA is proud to be ranked among small to medium companies as the 7th Best Place to Work in Vermont," said VEDA CEO Jo Bradley. 

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NEARLY $4.5 MILLION IN FINANCING APPROVED BY VEDA FOR VERMONT PROJECTS

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved nearly $4.5 million in business financings for entrepreneurial, energy, agricultural and small business projects totaling $8.6 million.

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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 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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