SBA Certified
 
Services

ABOUT CVEDC


C.V.E.D.C. is located in National Life of Vermont Headquarters - Montpelier, VT.
OUR MISSION

C.V.E.D.C. was organized in 1976 as a non-profit citizen organization whose objectives are to provide impetus for the region's economic development activity by:

    • Assisting the businesses in the area that are expanding;
    • Providing advisory services, education and information to area businesses;
    • Promoting Central Vermont and its resources to business and industry contemplating new facilities in our region;
    • Improving the infrastructure necessary for economic growth;
    • Supporting our members in ways that will allow them to maintain and enhance their ability to be a driving force in their industry through contacts, technology and other resources;
    • Serving the Central Vermont area.

Quality jobs that pay a livable wage are in the forefront of our mission.


SBA CERTIFIED DEVELOPMENT COMPANY

    C.V.E.D.C. is 1 of only 3 U.S. Small Business Administration (SBA) Certified Development Companies in Vermont.

    • A Certified Development Company (CDC) is a non-profit corporation engaged in economic development within the region it serves, working with the SBA and local lenders to provide financing for small businesses through the SBA 504 Loan Program.

      The
      504 Loan Program is designed to enable growing businesses to create and retain jobs with long-term, fixed-rate financing, which is generally 1% or more below the current market rate.

      Since its inception, C.V.E.D.C. has helped bring over $46 million of capital investment to Central Vermont. More than 1200 jobs have been maintained or created in this region alone as a result of this investment.

      Central Vermont Economic Development Corporation (C.V.E.D.C.) serves all of Washington County and three towns in Orange County, Vermont, which are the towns of Williamstown, Washington and Orange.


OUR SERVICES