- Associated Press - Tuesday, July 12, 2016

MONTPELIER, Vt. (AP) - Vermont State Treasurer Beth Pearce has announced a new initiative to double the capacity of an agreement between her office and the Vermont Community Loan Fund that will increase investments in local foods, farm, forestry, and affordable housing programs.

Among those helped by the loan fund are small firms that add value by making things from Vermont farm products.

They include Greenland Highland Beef, recently recognized as the 2016 Family Business of the Year by the Vermont Small Business Association.

Cobb Hill Frozen Yogurt, received support to purchase equipment to double their frozen yogurt production capacity.

The loan fund has grown from $200,000 in 2004 to $1 million approved by lawmakers this year.

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