Vermont Economic Development Authority

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 Vermont’s economic vitality by providing a broad array of financing programs to eligible businesses that create jobs and help advance Vermont’s public policy goals.”

Since 1974, VEDA has provided over $2.5 billion in financing assistance to thousands of eligible Vermont entrepreneurs, manufacturers, small businesses, and agricultural enterprises, helping them realize their business goals, create jobs, and enhance the vitality of Vermont’s economy. In collaboration with Vermont financial institutions and other partners throughout the state, VEDA's diverse loan programs help businesses and farmers grow, prosper and create a more vibrant economy for all Vermonters.