Native Chesapeake enterprise on record of Virginia firms that graduated from export program

RICHMOND, Virginia (WAVY) – Governor Ralph Northam announced Friday that seven companies have completed the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program – one of which is located in Chesapeake.

“In today’s challenging and uncertain business environment, Virginia companies need support to identify new customers and navigate global markets,” said Northam.

According to a statement from the governor’s office, the VALET program has more than 300 graduate companies.

The program helps Virginia exporters who have established domestic operations and “have adopted international exports as a growth strategy.”

“The tools and expertise of the VALET program continue to help Virginia exporters grow sales, which are a major economic engine for the Commonwealth. We applaud these seven companies for their commitment to international growth and success in Virginia and abroad, ”said Northam.

The closing companies are:

  • Atomized Products Group from Chesapeake, City of Chesapeake
  • Life sciences, Albemarle County
  • Cambridge International Systems, Arlington County
  • Diamond Healthcare Corporation, City of Richmond
  • ExploreLearning, City of Charlottesville
  • Fonteva, Arlington County
  • Sentry & Erector, Bedford County

The program is a two-year international business acceleration program that provides companies with international sales plan development services, support from a team of experienced international service providers, international business meetings with potential partners, educational events and bespoke market research.

The statement said Virginia exports over $ 37 billion worth of goods and services annually. Exporting the Commonwealth’s products and services is critical to its growth. It supports more than 257,000 jobs and generates $ 2 billion in annual tax revenue.

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