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Governor Phil Scott Announces $57.9 Million Investment

07/18/2022 - Montpelier, VT – Governor Phil Scott, the Agency of Commerce and Community Development (ACCD) and the Vermont Economic Development Authority (VEDA) today announced that Vermont will receive $57.9 million in federal American Rescue Plan Act (ARPA) funding to provide more access to capital for Vermont entrepreneurs and small business startups. Vermont's State Small Business Credit Initiative (SSBCI) program will include access to low interest loans and early-stage venture capital investments.

"My administration remains focused on retaining and creating jobs and supporting businesses in every region of the state,” said Governor Scott. “This program will support our innovative employers, helping them to grow and become national leaders while strengthening our communities here at home.” 

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VEDA July 2022 Board Meeting

The VEDA Board of Directors will meet on Friday, July 29, 2022 at 9:30 a.m. 

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VEDA June 2022 Board Meeting

The VEDA Board of Directors will meet on Friday, June 24, 2022 at 9:30 a.m. 

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VEDA June 2022 Loan Committee Meeting

The VEDA Board of Directors Loan Committee will meet on Friday, June 10th at 9:00 a.m. 

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VEDA May 2022 Board Meeting

The VEDA Board of Directors will meet on Friday, May 27, 2022 at 9:30 a.m. 

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Casella Waste Systems, Inc. - TEFRA Notice

NOTICE OF PUBLIC HEARING

Notice is hereby given that a public hearing will be conducted telephonically by the Vermont Economic Development Authority (“VEDA”) on Friday, April 22, 2022, at 10:00 a.m. regarding the proposed issuance as part of a plan of finance, in one or more series or sub-series, of up to $60,000,000 stated principal amount of its tax-exempt revenue bonds (the “Bonds”) pursuant to Subchapter 4 of Title 10, V.S.A., Chapter 12 (which Bonds will not constitute a debt or pledge of the faith or credit of the State of Vermont or VEDA) and pursuant to Section 142(a)(6) of the Internal Revenue Code of 1986, as amended, (the “Code”), to finance certain capital expenditures related to “solid waste disposal facilities” (within the meaning of Section 142(a)(6) of the Code), including, without limitation, landfill, solid waste collection, organics, transfer, recycling and hauling facilities (collectively, the “Project”) owned or operated or to be owned or operated by Casella Waste Systems, Inc. or its affiliates (collectively, the “Borrower”), and located at the following addresses within the State of Vermont:

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VEDA April 2022 Board Meeting

4/1/2022 - The VEDA Board of Directors will meet on Friday, April 29, 2022 at 9:30 a.m. 

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VEDA Recognized for 2022 MVP Mental Health and Well-Being Innovation Award

02/17/2022 - Montpelier, VT – The Vermont Economic Development Authority (VEDA), has been selected as the recipient of the 2022 MVP Mental Health and Well-Being Innovation Award.  This award is resultant of VEDA's commitment to mental health and well-being as evaluated against the HERO workplace mental health and well-being emerging best practices report.  VEDA was among a select group of awardees who implemented successful mental health and well-being programs and strategies throughout the Covid-19 pandemic. 

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Health Care & Rehabilitation Services of Southeastern Vermont, Inc. - TEFRA Notice

NOTICE OF PUBLIC HEARING

Notice is hereby given that a public hearing will be conducted telephonically and via videoconference by the Vermont Economic Development Authority (“VEDA”) on Thursday, February 24, 2022, at 10:00 a.m. at its offices located at 58 East State Street, Suite 5, Montpelier, Vermont 05602, regarding the proposed issuance of up to $9,250,000 stated principal amount of its tax-exempt revenue bonds (the “Bonds”) pursuant to Subchapter 4 of Title 10, V.S.A., Chapter 12 (which bonds will not constitute a debt or pledge of the faith or credit of the State of Vermont or VEDA) and pursuant to Section 145 of the Internal Revenue Code of 1986, as amended, for the refinancing of mental health facilities (collectively, the “Project”)

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VEDA Announces Request for Proposal for Venture Capital Fund Management

12/09/2021 - Montpelier, VT –The Vermont Economic Development Authority (VEDA), in its capacity as the implementing entity for the State of Vermont, is seeking proposals to support the management of venture capital funds which will be allocated to the State of Vermont through the federal State Small Business Credit Initiative (SSBCI).

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