Press Releases

VEDA APPROVES NEARLY $11.8 MILLION in ECONOMIC DEVELOPMENT FINANCING

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.  

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VEDA APPROVES $10 MILLION IN BUSINESS AND AGRICULTURAL LOANS

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.

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$12 MILLION in MANUFACTURING EXPANSION, AGRICULTURAL and SMALL BUSINESS LENDING APPROVED BY VEDA

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.

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VEDA APPROVES $5.6 MILLION IN DEVELOPMENT FINANCING

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.

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VERMONT AMONG TOP THREE STATES TO DISTRIBUTE 100% OF FEDERAL JOBS DEVELOPMENT FUNDS

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.

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NEARLY $4.5 MILLION IN FINANCINGS APPROVED BY VEDA FOR ENTREPRENEURIAL, ENERGY, AGRICULTURAL and SMALL BUSINESS PROJECTS

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.

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VEDA APPROVES NEARLY $30.5 MILLION IN BUSINESS FINANCINGS

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.

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VEDA'S 2014 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 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.”

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VEDA Financing Assistance Projected to Help Businesses Create 100+ New Jobs

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.

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VEDA CELEBRATES 40th ANNIVERSARY

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

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