Three 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 three 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 IMCI and Germane Systems, both of Fairfax County, and Imperatis of Arlington 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 27th class of the VALET program. To participate, each eligible business must meet several quantitative criteria and complete an application process. To date, 234 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.”
Founded in 1992, IMCI Technologies is a leader in providing innovative and reliable monitoring, management and control solutions across industries such as Telecom, Utilities, Broadcast, Transportation and Federal & defense Organizations. IMCI’s comprehensive product portfolio provides customers with a complete solution to monitor, configure, control, and manage any mix of network elements, facility equipment, sensors and meters in power, environmental, fire & Safety, communication and physical security categories in commercial and government remote facilities.
Germane Systems designs and manufactures custom rugged computing solutions for mission-critical military, aerospace and industrial applications. Germane leverages commercial off the shelf components for customers which require special form factors, harsh environment mitigation, high performance and/or long life cycles.
Imperatis is dedicated to developing innovative ways to ensure mission success around the world for U.S. Federal Agencies and the Defense and Intelligence Communities. Imperatis has worked for more than 26 years to serve and protect America’s interests at home and abroad, with proven staff and high-quality programs in cyber and advanced network infrastructure, analysis and program management, counterinsurgency, and intelligence. Whether countering global threats, delivering network services, or transitioning technology from the laboratory to operational networks, our experienced team of professionals has provided customized, end-to-end solutions delivering timely results at a reasonable cost.
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.