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History

The Economic Development Fund of Northern Vermont, Inc. (The Fund) was established in 1980 through a grant from the U.S. Economic Development Administration.  Since that time, The Fund has played a critical role providing funding for ventures that contribute to economic and community development within the EDCNV District of Caledonia, Essex, Franklin, Grand Isle, Lamoille and Orleans counties.  The Fund seeks investments that increase employment, stabilize cyclical industries, improve wage scales and strengthen industrial sectors.

 

The Fund participates in fixed asset and working capital loans with traditional private and quasi-public lenders.  Its capital is used most effectively in conjunction with or to leverage other forms of financing.