Recent News
Virginia Companies Expanding into Global Markets through Commonwealth’s Trade Accelerator Program
RICHMOND, VA — Governor Glenn Youngkin today announced that 13 companies across the Commonwealth have graduated from the Virginia Economic Developm
Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program
RICHMOND — Governor Glenn Youngkin today announced that 10 companies across the Commonwealth of Virginia are graduating from the V
Virginia’s International Trade Team Recognized with Nation’s Top Export Award for Second Time
RICHMOND, VA - The Virginia Economic Development Partnership (VEDP)’s International Trade team recently received the “E Star” Award from the U.S.
Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program
RICHMOND, VA – Governor Glenn Youngkin today announced that 16 companies across the Commonwealth have graduated from the Virginia
Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program
RICHMOND, VA – Governor Glenn Youngkin today announced that 11 companies across the Commonwealth have graduated from the Virginia
Case Studies
Supply Chain Optimization Program Provides Lifeline to Virginia Businesses
Two seemingly unrelated companies are proof of concept for a program with the potential to transform supply chain operations for Virginia companies. Fend Inc. is a small cybersecurity provider that ran into supply issues during the depths of the COVID-19 pandemic. Somic America is a large auto parts manufacturer that wanted to build supply chain resiliency in case of future disruptions.
Morcom International: Elevating Global Communications from Virginia
The impact of VALET’s support is clear. Morcom’s leadership credits the program with helping them overcome the barriers that often limit small businesses in international markets. As Morcom continues to expand, their story stands as a testament to the power of strategic partnerships and the importance of tailored support for small businesses with global ambitions.
Jody’s Pops Into International Markets
Following the trade mission and numerous international trade shows, Jody’s has now opened international sales in several countries. The company has shipped popcorn to Iceland, Japan, the United Arab Emirates, Canada, England, and South Africa. To further their success, the company has now enrolled into VEDP’s Virginia Leaders in Export Trade (VALET) program, a two-year international business acceleration program that provides participating companies with international sales plan development services, assistance from experienced international service providers, monetary support and more.
Diamondback Grows International Sales With VEDP Support
Albemarle County-based Diamondback Tool Co., Inc., has been manufacturing premium tool belts and gear for professional tradespeople since 1993. With support from the VALET program, Diamondback transitioned from its legacy e-commerce platform to Shopify, enabling Shopify Markets to support multi-currency and multi-language transactions. The results were immediate.