Press Releases

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.

Burlington, VT – In 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.

MONTPELIER, VT – Business loans and bond financings totaling $19.8 million were approved recently by the Vermont Economic Development Authority (VEDA). It is estimated that VEDA’s assistance will help stimulate $33 million in economic development activity throughout the state.

MONTPELIER, VT – VEDA has approved $32 million in loan and bond financing forseveral business development projects, including bond reissuance for a large non-profit retirement community, expansion of a Morrisville manufacturing facility, and construction of a new boutique hotel inBurlington.

MONTPELIER, VT – Business loans and bond financings in excess of $10.4 million have been approved by the Vermont Economic Development Authority (VEDA). It is estimated that the VEDA financing will help stimulate $15.5 million in economic development activity throughout the state.

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved business and agricultural financings totaling $11 million, helping stimulate $25 million in economic development activity throughout the state.

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $13.4 million in financing to support economic development projects throughout Vermont.

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $5.6 million in business and agricultural financing, helping to leverage enough private investment to support economic development projects totaling $13.4 million.

South Burlington, VT – Direct loan closings by the Vermont Economic Development Authority (VEDA) to Vermont commercial businesses and farms were up for the third year running as of June 30, 2011. And financings not directly included on the Authority’s balance sheets – such as industrial development bonds, mortgage insurance contracts, and SBA 504 loans – were more than double those of the year before.

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $6.9 million in economic development financing to businesses throughout the state.