- 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.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide