Access to State Funding

The Vermont Economic Development Authority (VEDA) was created by statute in 1974 to promote economic prosperity and increase employment through the operation of a variety of financing programs, including those offering direct loans, industrial revenue bonds and the issuance of mortgage loan insurance.

The VEDA members are nine Vermont residents appointed by the Governor, plus the State Treasurer, the Secretary of the Agency of Development and Community Affairs and the Commissioner of Agriculture.

VEDA works closely with the State of Vermont Department of Economic Development and the state's Regional Development Corporations to assist companies wishing to expand or relocate their businesses in Vermont.