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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$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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