Five Virginia Companies Accepted into Virginia’s New Accessing International Markets Program
-Program provides resources to support international business-
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of five new companies into the Accessing International Markets (AIM) export development program. The program, launched by VEDP in December 2005, helps Virginia companies pursue international leads in a new market overseas and realize the benefits of exporting.
The five Virginia companies selected to participate in the September 2006 AIM class include Identification International Inc.(I3) in Blacksburg, Pragmatic Environmental Solutions Company (PESCO) in Roanoke, Process Manufacturing LLC in Afton, Robert Bryan Ltd. in Port Royal, and Inovex Industries Inc. in Sterling. Markets to be pursued by current AIM participants include countries in the Americas, Europe and Asia.
This brings the total participants enrolled in the one year program to capacity at 20. The first AIM class will graduate in December 2006 at which time five new companies will enter the program. Based on a competitive quarterly application process, 20 companies will be accepted into the AIM program each year.
“The AIM Program jump-starts the development of international business by connecting companies with the practical tools needed for successful export sales,” said Elizabeth Morgan, AIM Program Manager. “AIM capital, public and private sector resources will be used to develop and implement a Market Access Plan (MAP) to help companies systematically sell overseas. The AIM “MAP” approach can be replicated in other markets once participants graduate from the one year AIM Program.”
In addition to valuable capital funding, market research and strategic counseling, the AIM program gives Virginia companies the opportunity to leverage private-sector professional service providers and VEDP-developed relationships around the world.
To learn more about the benefits of the AIM program, or to learn how to apply for the December 2006 class, contact the AIM Program Manager at (804) 545-5768 or visit the programs tab at www.ExportVirginia.org.
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 21-member board of directors appointed by the Governor and the Virginia General Assembly. To accomplish its objectives of promoting economic expansion, the Partnership focuses its efforts on business recruitment, expansion and international trade. VEDP has offices in Virginia, Germany, Hong Kong, Mexico, Brazil, Korea and Japan.