Wednesday, August 24, 2016

VEDA Signs Off to Finance $7.8 Million Towards Economic Development

The Vermont Economic Development Authority (VEDA) recently endorsed almost $8 million in financing towards Vermont’s economic development projects. In total, the projects are expected to cost roughly $16.8 million.

The money will be divided among several separate causes, including manufacturing, railway, agriculture, small businesses, coffee, liquor and more!

According to VEDA Chief Executive Officer Jo Bradley, “VEDA is so pleased to be able to provide growth financing to several start-up and early-stage businesses. In addition, VEDA is helping a long-dormant hydroelectric production facility in southern Vermont once again produce renewable energy.”

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