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Friday, January 21, 2011

Alliance Engineering Selected to Participate in Virginia’s VALET Program

- Two-year program provides resources to support international business -

The Virginia Economic Development Partnership (VEDP) today announced the acceptance of four Central Virginia companies into its two-year Virginia Leaders in Export Trade (VALET) program. Launched in January 2002, the program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy.

The new companies accepted into the program include Alliance Engineering, Inc. of Chesterfield County; FDP Virginia, Inc. of Essex County; Mikro Systems, Inc. of Albemarle County; and Northland Forest Products, Inc. of Fluvanna County.

Currently, the VALET program has 40 companies as participants. Because of the proven results of the program’s graduates, the VALET program will continue to expand to work with more Virginia companies over the course of the next six months. In addition, new participants in the program will have access to $15,000 in reimbursement funds from the Commonwealth. The program provides participating companies assistance from a team of experienced international service providers to help them meet their international goals. Private sector service providers such as attorneys, Web designers, bankers, translators and freight forwarders contribute essential expertise for expansion into international markets.

These Virginia companies join the program as part of the 19th class of VALET companies. To participate, each eligible business must meet several quantitative criteria and complete an application process. Participating firms are chosen based on their dedication to growth through export. Currently, more than 140 Virginia companies have been accepted to participate in the VALET program.

“The VALET Program generates international sales for Virginia companies,” said Paul Grossman, VEDP Director of International Trade and Investment. “Since its inception in 2002, the program has worked with more than 140 companies to increase their international sales. Because of the program’s proven success and because jobs are created when Virginia companies sell more into global markets, it is important that we expand the VALET Program to assist more Virginia companies. We are happy to welcome these companies to the program and look forward to working with them over the course of the next two years.”

The Virginia Economic Development Partnership, a marketing organization, was created by the Virginia General Assembly in 1995 to encourage, stimulate, and support the development and expansion of the economy of the Commonwealth. The Partnership is a state authority, which is governed by a 22-member Board of Directors appointed by the Governor and the Virginia General Assembly. To accomplish its objectives of promoting economic expansion within the Commonwealth, the Partnership focuses its efforts on business recruitment, expansion and international trade. VEDP has offices in Virginia, Belgium, Hong Kong, Mexico and Japan.

To learn more about VALET program, visit

Monday, January 10, 2011

Chesterfield County's Will Davis has visions of growth

The Richmond-Times Dispatch has posted a profile in the Metro Business section about Chesterfield Economic Development Director, Will Davis. Times-Dispatch writer Zachary Reid reports on the interesting economic development work happening Chesterfield County .

Will Davis can sell a piece of land.

He will look over a swath of earth most people would never notice and figure out some way to make it a community.

It could be full of complementary retail outlets, or it could be industrial factories. What the project is doesn't matter as much as that there is a development.


Read the entire article on the Times-Dispatch web site >>>