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Vermont Small Business Development Center Microloan

Vermont Small Business Development Center / Vermont Economic Development Authority (VtSBDC)VT-MICRO
Max per Applicant

$35K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Vermont

About This Program

Microloans of $5,000–$35,000 for Vermont small businesses and startups that cannot obtain traditional bank financing. VEDA's microloan program provides below-market rate loans combined with technical assistance from SBDC advisors to help new Vermont businesses succeed.

Key Requirements & Eligibility

  • 1Vermont-based small business or startup
  • 2Loan: $5,000–$35,000 at below-market rates
  • 3Must have been denied conventional bank credit
  • 4Business plan and cash flow projections required
  • 5Technical assistance participation required

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Small BusinessFood & BeverageAgricultureRetail
Official Source