Valley Economic Development Association was created to market & facilitate progressive business development along the I86/Rt. 220 corridor in the heart of the NY Penn triangle
Business Funding Revolving Loan Fund (RLF) Veda has a revolving loan fund in place to provide financial assistance to business and industry. The RLF is not intended to replace private financing; it is considered a gap loan to bridge financial obstacles preventing commercial growth opportunities.
Funding Source The primary funding source for VEDAS RLF is provided by private sector contributions. Its low interest loans serve as a continually growing fund to perpetuate future commercial opportunity.
109 Chemung St.