Suzanne West Clark
Four Northern Virginia Companies Selected to Participate in Virginia’s VALET Program
-Two-year export program provides resources to support international business-
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of four Northern 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. Participating firms are chosen based on their dedication to growth through export.
The new companies accepted into the program include Applied Information Sciences, and MCR, LCC, both of Fairfax County; DreamPak of the City of Alexandria; and Momentum Aviation Group (MAG) of Prince William County.
Currently, the VALET program has 50 companies as participants. New participants in the program 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 meet their international goals. Private sector service providers, such as attorneys, web designers, bankers, translators, accountants and freight forwarders, contribute essential expertise to assist companies in executing their export initiatives.
These Virginia companies join the program as part of the 25th class of the VALET program. To participate, each eligible business must meet several quantitative criteria and complete an application process. To date, 209 Virginia companies have been accepted to participate in the VALET program.
“The VALET program puts participating companies on the fast track to international business growth by connecting them with the necessary tools for successful export sales,” said Paul Grossman, VEDP Vice President of International Trade. “Since its inception in 2002, the program has worked with more than 200 businesses to accelerate their international sales growth. 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 continue to assist Virginia companies through the program. We are happy to welcome these companies to VALET and look forward to working with them over the course of the next two years.”
Applied Information Sciences (AIS)
AIS is a privately held, technical services company headquartered in Reston, Virginia with offices in Maryland, North Carolina, Ohio, Texas and India. AIS employs more than 400 people and realizes more than $60 million in annual revenue.AIS was founded in 1982 and has enjoyed steady growth under fiscally responsible management. Today the AIS client base is roughly half government and half commercial clients.
DreamPak aims to be at the forefront of the beverage industry by developing innovative solutions for the marketplace. Its leadership is committed to forming mutually beneficial partner relationships, investing in advanced manufacturing facilities, and adhering to its strong customer service values.
Momentum Aviation Group (MAG)
MAG is a premier provider of specialty aviation, aerial surveillance, and ISR support and training. MAG is a privately held company founded and led by Chief Executive Officer Joseph E. Fluet III. In 2013, MAG became a private equity backed company with the addition of Clarvest as a minority partner. Headquartered in Woodbridge, Virginia, MAG has rapidly grown since its founding, all while earning a reputation for innovation, performance and integrity.
MCR approaches every step of Integrated Program Management with a focus on the ultimate objective: your success. Our disciplined process begins with strategy and analysis, is followed by rigorous systematic execution, and ends with measureable real-world results. Whether you are evaluating how your organization performs against its mission-essential tasks, in charge of completing a capital improvement program (such as acquiring a major weapon or information system), managing your organization’s finances or keeping a complex project on schedule, MCR brings critical thinking to the entire process.
The Virginia Economic Development Partnership
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 24-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, China, Germany, Japan, India and the United Kingdom.
To learn more about the VALET program, visit www.ExportVirginia.org.