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.

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.”

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.

Authority Approves Over $2.07 Billion in Financing Since Inception
For Vermont Businesses and Farms

Total $5 Million In Loans Approved To Vermont Businesses

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved $4.3 million in financing for economic development projects totaling $9 million throughout Vermont.

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved $17.8 million in commercial, agricultural, small business and energy development financing to support projects totaling almost $35 million throughout the state.

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has announced the approval
of $12 million in economic development financing to support commercial, energy, small business and agricultural projects throughout Vermont. The approved financing will leverage additional resources to fund a total of more than $26 million in economic development activity throughout the state.

Montpelier, VT - The Vermont Economic Development Authority (VEDA) has announced that aggregate loan limits for agricultural and forest products borrowers have increased substantially. Effective July 1, 2014, the statutory limit on the aggregate outstanding loan balances to any borrower at any time through VEDA’s agricultural loan program, the Vermont Agricultural Credit Corporation (VACC), has gone from $1.355 million to $2.0 million.

Montpelier, Vermont -- The Vermont Economic Development Authority (VEDA) announced today that it has secured additional funding of more than $4.4 million for lending to Vermont’s small businesses through the third disbursement from the U.S. Treasury Department’s State Small Business Credit Initiative (SSBCI). The disbursement is the final allocation of a total $13.2 million awarded to Vermont by the U.S. Treasury in May, 2011.