Press Releases

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.

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.

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.