About Us

The Vermont Economic Development Authority (VEDA)

is Vermont’s statewide economic development finance lender. Created by the General Assembly in 1974, VEDA’s mission is “to contribute to the creation and retention of quality jobs in Vermont by providing loans and other financial support to eligible and qualified Vermont industrial, commercial and agricultural enterprises.”

Since 1974, VEDA has provided $2.5 billion in financing assistance to thousands of eligible Vermont entrepreneurs, manufacturers, small businesses, and agricultural enterprises, helping them to realize their business growth goals, create jobs, and enhance the vitality of Vermont’s economy. Working in partnership with Vermont banks to help meet the financing needs of Vermont businesses, VEDA’s low-interest programs help Vermont’s economy grow and prosper.

Public Disclosure: VEDA is an instrumentality of the State of Vermont and is subject to Vermont’s Public Records Law (see Vermont Statutes, Title I, Chapter 5 §§ 315-320).  All written or electronic information generated or received by VEDA is subject to the confidentiality and public disclosure provisions of the Vermont Public Records Law.  Under the law, business plans and financial information submitted by applicants are generally considered confidential and are not subject to disclosure.