NanoSonic Selected to Participate in Virginia’s VALET Program
RICHMOND, VA – July 11, 2019 — The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Giles County company, NanoSonic, Inc., into its two-year Virginia Leaders in Export Trade (VALET) program. The VALET program assists companies in the Commonwealth that are committed to international exporting as a growth strategy. To participate, each business must meet both quantitative and qualitative selection criteria. Participating firms are chosen based on their dedication to growing export sales. To date, 337 Virginia companies have been accepted to participate in the VALET program.
QUOTE FROM VEDP CEO
“The VALET program puts participating companies on the fast track to international business growth by connecting them with the necessary tools for successful international sales,” said Paul Grossman, Vice President of International Trade. “We are happy to welcome NanoSonic to VALET and look forward to working with them over the course of the next two years.”
Currently, the VALET program has 47 companies as participants. The program provides participating companies with export planning services and assistance from a team of experienced international service providers to help meet their international goals. These private sector service providers contribute essential expertise to assist companies in executing export plans and include attorneys, web designers, bankers, translators, accountants and freight forwarders.
The Commonwealth of Virginia exports more than $35 billion in goods and services annually. Exports of Virginia’s products and services to the world are vital to the growth of the Commonwealth, supporting more than 257,000 jobs and generating $2 billion in annual tax revenue. VEDP offers numerous programs to assist Virginia companies with selling into the global marketplace and has a network of international market research consultants covering more than 70 countries around the globe.
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