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Get to know Vermont Economic Development Authority (VEDA)

The Vermont Economic Development Authority (VEDA) is a state-chartered instrumentality of the State of Vermont, created by the General Assembly in 1974. Its mission is to promote economic development, create jobs, and support the state's agricultural sector by providing financing to Vermont businesses and farms. VEDA often partners with traditional banks and other lenders to offer loans, loan guarantees, and other financial assistance to enterprises that may not qualify for conventional financing, thereby helping Vermont businesses grow and thrive.

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Vermont Economic Development Authority (VEDA)

United States

Founded in

1974 (52 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.