OVER $5.2 MILLION in ENERGY, COMMERCIAL and AGRICULTURAL DEVELOPMENT FINANCING APPROVED BY VEDA

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved over $5.2 million in financing for energy, agricultural and commercial development projects throughout Vermont.

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From WPTZ.com: "Farm bill expands Vt. small business lending; Officials expect $1M VEDA loan money will go quickly"

WATERBURY, Vt. —Danielle Nichols was looking for a career change in 2011 and dreamed of opening her own business.

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VEDA APPROVES $4.7 MILLION IN COMMERCIAL ENERGY, SMALL BUSINESS AND AGRICULTURAL DEVELOPMENT FINANCING

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved $4.7 Million in development financing for commercial energy, small business and agricultural projects throughout Vermont. Financing approvals by the Authority include:

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VEDA APPROVES $4.5 MILLION in ECONOMIC DEVELOPMENT FINANCING

Montpelier, VT – The Vermont Economic Development Authority (VEDA) recently approved $4.5 million in financing to support economic development projects throughout Vermont. “This round of Authority approvals included manufacturing, agricultural and small business loans,” said Jo Bradley, VEDA’s Chief Executive Officer.

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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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VEDA’S $64.3 MILLION IN FY 2013 FINANCING LEVERAGES $120.8 MILLION IN PRIVATE CAPITAL FOR ECONOMIC DEVELOPMENT PROJECTS

Burlington, VT – VEDA’s $64.3 million in financing in FY 2013 leveraged $120.8 million in private capital for commercial, small business and agricultural projects that totaled $185.1 million. Of the loans VEDA closed in 2013, 79 commercial and small business loans impacted 2,696 jobs having an average hourly wage of $31.71, including benefits.

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NEW SUSTAINABLE ENERGY FINANCING AVAILABLE AT VEDA

Montpelier, VT – New financing for Vermont commercial, small business and agricultural sustainable energy projects is available at the Vermont Economic Development Authority (VEDA). A bill creating the new Vermont Sustainable Energy Loan Fund was signed into law by Governor Peter Shumlin this summer, and project applications are now being invited by the Authority.

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VEDA APPROVES $8 MILLION in DEVELOPMENT FINANCING

Montpelier, VT – The Vermont Economic Development Authority (VEDA) approved $8 million in financing to support several commercial and non-profit development projects, as well as agricultural, small business, and technology projects totaling $17.2 million. Among the projects approved for financing by the Authority are:

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