Vermont Economic Development Authority Allocates $13.9 Million for Statewide Projects
The Vermont Economic Development Authority (VEDA) has approved nearly $13.9 million in funding for various business, agricultural, and infrastructure projects across the state. The funds, distributed between January 1 and March 31, 2026, support 32 projects in 10 Vermont counties. Key projects include the conversion of a former sawmill into a pellet mill in Newbury, infrastructure improvements in Winooski, and the rehabilitation of a flood-damaged property in Montpelier. The funding aims to promote downtown development, business growth, and recovery from natural disasters, reflecting VEDA's commitment to enhancing Vermont's economic resilience.