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Friday, April 4, 2025

EDA awards over $1 million in grants for economic development projects in Vermont in 2023

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Craig Buerstatte, Deputy Assistant Secretary for Regional Affairs at EDA | https://www.eda.gov/about/leadership/craig-buerstatte

Craig Buerstatte, Deputy Assistant Secretary for Regional Affairs at EDA | https://www.eda.gov/about/leadership/craig-buerstatte

In 2023, the Economic Development Administration (EDA) issued four grants totaling $1,290,326 to fund economic development projects in Vermont.

This represents a 93.1% decrease from 2022, when the state received $18,598,672 in funding.

Vermont ranked 44th across the U.S. in total EDA grant funding for 2023. South Carolina topped the list with $30,038,466 in funding across 14 grants.

Northeastern Vermont Development Association (NVDA) received the largest EDA grant for funding an economic development project in the state, totalling $749,947.

EDA Grant Recipients in Vermont in 2023
Grantee NameTotal Funding
Northeastern Vermont Development Association (NVDA)$749,947
Center on Rural Innovation$260,379
Eastern Vermont Economic Development District, Inc.$210,000
Northwest Regional Planning Commission$70,000

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