Vermont – Capital Program Summary

Vermont – Capital Program Summary Wesley.Presber… Mon, 04/27/2026 - 10:45 Portfolio Overview Vermont operates three small business financing programs: one loan participation program (LPP) and two equity/venture capital programs. The Vermont Economic Development Authority (VEDA) is the implementing entity for the state and the program administrator for the LPP and the equity venture capital (funds) program. The Center on Rural Innovation (CORI), Hula, and RDF Ventures administer the equity/venture capital (direct) program through contracts with VEDA. Table 1: Vermont’s SSBCI Capital Program Portfolio Program Name Program Type Program Administrator(s) Allocation Vermont Loan Participation Program Loan Participation VEDA $29.0M Vermont Equity Capital Program (Funds) Equity/Venture Capital (Funds) VEDA $12.9M Vermont Equity Capital Program (Direct) Equity/Venture Capital (Direct) CORI/Hula/RDF Ventures $16.0M TOTAL $57.9M CREDIT SUPPORT PROGRAMS Vermont Loan Participation Program (LPP) The Vermont LPP purchases a participation of a loan originated by another lender, generally in a subordinate position where traditional financing cannot fully meet the borrower’s needs. The purchased par