$9.4 MILLION IN BUSINESS DEVELOPMENT FINANCING APPROVED BY VEDA

Montpelier, VT – Commercial, educational and agricultural development projects totaling almost $19 million were approved for $9.4 million in financing assistance by the Vermont Economic Development Authority (VEDA).

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VEDA APPROVES $10.1 MILLION IN COMMERCIAL AND AGRICULTURAL DEVELOPMENT FINANCING

Montpelier, VT – Manufacturing expansion and renewable energy investments are among the commercial, small business and agricultural projects approved for $10.1 million in financing by the Vermont Economic Development Authority (VEDA). “More than 100 new jobs across the state will be created as a result of these exciting business investments,” said Jo Bradley, VEDA’s Chief Executive Officer. “VEDA’s $10.1 million in financing will leverage economic development activity totaling almost $48 million – good news for Vermont’s economy.”

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$5.7 MILLION IN DEVELOPMENT FINANCING APPROVED BY VEDA

Authority Approves $2.0 Million Loan as Farmers Invest to Purchase Headquarters for Cabot

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VEDA Receives Federal Grant of $2.0 Million for Disaster Loan Fund

U.S. Senators Patrick Leahy and Bernie Sanders and Congressman Peter Welch announced Friday that the U.S. Economic Development Administration (EDA) has awarded a $2 million grant to the Vermont Economic Development Authority (VEDA) to expand its disaster loan fund, and an additional $500,000 grant to the State of Vermont to help regional planning commissions and communities plan for future disasters.

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VEDA APPROVES $9.2 MILLION IN DEVELOPMENT FINANCING

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) approved $9.2 million in business and agricultural financing to support a variety of economic development projects throughout the state. “The Authority is pleased to provide financing assistance to help further the economic growth goals and jobs expansion efforts of these businesses,” said VEDA Chief Executive Officer Jo Bradley.

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$3.7 MILLION IN BUSINESS FINANCING APPROVED BY VEDA - Southern Vermont Jobs to be Saved by Burlington Company

MONTPELIER, VT – A long-established Chittenden County company will acquire a Windham County business, saving jobs in the process. This is one of several Vermont economic development projects approved by the Vermont Economic Development Authority (VEDA) for a total of $3.7 million in financing assistance.

“VEDA is pleased to provide financing assistance for several exciting manufacturing expansion projects throughout Vermont,” said Jo Bradley, VEDA’s Chief Executive Officer. “The Authority’s financing will help stimulate $9.2 million in economic development investment, creating and saving Vermont jobs.”

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VEDA APPROVES $6 MILLION IN ECONOMIC DEVELOPMENT FINANCING

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $6 million in financing to support business and farm projects throughout Vermont.

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VEDA'S 2012 BOARD OF DIRECTORS ELECTS NEW SLATE OF OFFICERS

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 dedicated Vermont leaders on the Authority’s Board, many of whom have helped guide VEDA’s growth for over a decade,” said VEDA’s Chief Executive Officer Jo Bradley.

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VEDA RELEASES FISCAL 2012 YEAR-END FIGURES: Record Set in Small Business Lending; Tropical Storm Irene Emergency Loans Total $16.7 Million

Burlington, VTIn one year’s time, the Vermont Economic Development Authority’s (VEDA’s) Small Business loan portfolio increased from 190 loans totaling $12.2 million to 480 loans totaling $32.2 million. This increase was due in large part to VEDA’s response to the tremendous damage wreaked by Tropical Storm Irene on Vermont businesses and farms. VEDA closed 299 emergency loans totaling $16.7 million immediately after Irene.

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