EDA awards over $18 million in grants for economic development projects in Vermont in 2022

EDA awards over $18 million in grants for economic development projects in Vermont in 2022

Economics
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Cristina Killingsworth, Acting Assistant Secretary of Commerce for Economic Development at EDA | https://www.eda.gov/about/leadership

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In 2022, the Economic Development Administration (EDA) issued 12 grants totaling $18,598,672 to fund economic development projects in Vermont.

This represents a 1,948.5% increase over 2021, when the state received $907,932 in funding.

Still, Vermont ranked 47th across the U.S. in total EDA grant funding for 2022. California topped the list with $238,656,132 in funding across 57 grants.

Vermont Agency of Commerce & Community Development received the largest EDA grant for funding an economic development project in the state, totalling $10,483,053.

EDA Grant Recipients in Vermont in 2022
Grantee NameTotal Funding
Vermont Agency of Commerce & Community Development$10,483,053
Town of Highgate/Village of Swanton$1,538,000
Southern Windsor County Incubator, Inc.$1,461,400
Retreat Farm, Limited$1,403,807
Vermont Technical College$1,247,040
Vermont Agency Of Commerce & Community Development$1,000,000
Rutland Economic Development$732,919
Vermont Housing and Conservation Board$351,165
Rural Innovation Strategies, Inc.$223,650
Northwest Regional Planning Commission$70,000
Eastern Vermont Economic Development District, Inc.$52,500
Springfield Regional Development Corporation$35,138

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