VEDA, the Vermont Economic Development Authority, has helped myriad Vermont businesses grow since its inception in 1974.
During those nearly 50 years, the world has become a different place altogether, with new technology and new needs emerging all the time.
One great example is financing for renewable energy.
VEDA’s Commercial Energy Loan Program works with qualifying generation and improvement projects for loans up to $6 million in order to bring Vermont’s business landscape further forward.
Recent energy-focused borrowers include:
Green Lantern Solar: A development, consulting, financing asset management and Engineering, Procurement and Construction firm, which brings sun-powered energy and battery storage to schools, businesses and municipalities throughout Vermont.
Purpose Energy: Working to turn wasted organic material into renewable energy, the company helps breweries, food and beverage producers better handle waste while supplying power to Vermont’s grid and looking forward to a brighter future for all.
Runamok: Making life — and the world — a little sweeter, the value added maple and honey producer reduces its carbon footprint with solar panels as part of its eco-friendly mission, which also includes promoting pollinators and biodiversity.
VEDA’s exceptional loan officers are always excited to work with new, up-and-coming or established-but-growing businesses — are you looking to do something good for your community, Vermont and the outside world?
Visit veda.org today to see where you fit in.
