MONTPELIER, VT – The 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.

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

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.

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.

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

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.

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.

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:

Burlington, VT – The Vermont Economic Development Authority (VEDA) experienced an all-time high in loan volume in Fiscal Year 2010, closing 322 separate financings, and breaking the previous year’s record of 315 loans closed. The Authority’s financing investments for the year in the manufacturing, agriculture, small business and service sectors of Vermont’s economy totaled nearly $80 million in FY2010, as compared with $94.4 million the prior year. The average hourly wage of the jobs created by companies receiving VEDA financing assistance, including benefits, was projected to be $24.19.

Applications for Large Projects Sought