South Burlington, VT – The Vermont Economic Development Authority (VEDA) closed 273 financings totaling $76.9 million in FY 2015, compared with the prior fiscal year’s 254 financings totaling $59.8 million.  The amount of private capital leveraged in these economic development projects also increased – over $93 million in FY 2015 compared with $83 million the year before.

These and other measures of the Authority’s contributions to Vermont’s economy will be presented today at VEDA’s 41st Annual Meeting in South Burlington.  Hugh Johnson, Chairman and Chief Investment Officer of Hugh Johnson Advisors from Albany, New York will speak at the event.

MONTPELIER, VT, September 25 – Rural entrepreneurs will continue to have access to vital capital through the Vermont Economic Development Authority (VEDA) thanks to a $1 million loan from the U.S. Department of Agriculture (USDA). The loan from USDA’s Intermediary Relending Program will recapitalize VEDA’s Vermont Small Business Development Corporation to provide capital to growing Vermont businesses. 

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved nearly $11.8 million in financing for commercial, agricultural, energy and small business projects totaling $29 million.  

Montpelier, VT – The Vermont Economic Development Authority (VEDA) approved loans of $10 million for economic development projects totaling nearly $16 million. Four renewable energy generation projects are among those approved, receiving a total of $4.1 million in financing assistance. Agricultural, manufacturing and entrepreneurial projects are also included among the loan approvals.

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.

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.

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.

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. 

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.

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.