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VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP INTERNATIONAL Trade

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP INTERNATIONAL Trade. Our mission. To increase international sales for Virginia companies To expand Virginia’s tax base and job base. Our Goals. Get you in front of in-country decision makers Get your contracts signed. Our Strategies.

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VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP INTERNATIONAL Trade

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  1. VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIPINTERNATIONAL Trade

  2. Our mission • To increase international sales for Virginia companies • To expand Virginia’s tax base and job base

  3. Our Goals • Get you in front of in-country decision makers • Get your contracts signed

  4. Our Strategies • Group/independent market visits • Identifying/qualifying potential in-country partners • Execute international business plans in targeted markets

  5. Client Experience Creative Seating, EER Systems Inc., Bode Technology Group, Turman Sawmills, 24 Hour Company, Afton Scientific Corporation, Hubbell Lighting, Mediatech, Sealeze, VSE Corporation, PeaceFrogs, Chemetrics, Aker Wade Power Technologies, DACS Incorporated, PESCO-BEAM, Bauer Compressors, Vaughan Furniture Company Inc., Bosch Global Services, Delta Pure Filtration Corporation, Syntronics, Timber Truss Housing Systems, Inc., Valkyrie Enterprises, Inc., Identification International, Inc., K2M, Inc., Inorganic Ventures, Trax International, The Uttermost Company, Cableform, Inc… Over 2,700 company projects from 2000-2010

  6. VEDP Account Team -$15K -International business plan -Pro bono services -32 countries -$3K -Face-to-face -Independent -Group -500 companies in 100 VEDP-led group market visits -44 countries -21 research topics -904 projects -licensing -due diligence -customs -financing -market entry -70+annually -quarterly webinars -export essentials seminars -Beyond Virginia -300+ attendees -corporate sponsors -Commonwealth’s largest trade conference -current trade topics of significance to Virginia companies

  7. VALET Program • Virginia Leaders in Export Trade (VALET) • 25 qualifying companies accelerate their global marketing efforts through this program. On average, companies experience an 88% increase in international sales. • VEDP PROVIDES • $15,000 toward export related expenses • 25 program partners offering pro bono services • Executive training • Strategic planning guidance • Networking and educational events

  8. Export 3.0 Countries

  9. Group Market visits Shake hands with your new customers... in their country!

  10. Global network Countries Forty-four international consultants in export trade at your service! • Argentina • Australia • Belgium • Brazil • Bulgaria • Canada • Chile • China and Hong Kong • Czech Republic • Denmark • Estonia • Finland • France • Germany • Hungary • India • Ireland • Israel • Italy • Japan • Jordan • Latvia • Lithuania 24. Malaysia • Mexico • The Netherlands • New Zealand • Norway • Poland • Qatar • Romania • Russia • Saudi Arabia • Singapore • Slovakia • South Africa • Spain • Sweden • Thailand • Turkey • UAE • Ukraine • United Kingdom • Vietnam

  11. www.ExportVirginia.org

  12. Virginia’s service export network www.ExportVirginia.org/directory

  13. www.ExportVirginia.org/beyond_virginia Communicating in our E-Newsletter

  14. Communicating In the Clouds http://www.exportvirginia.org/blog/ VirginiaExports on LinkedIn http://www.facebook.com/VirginiaExports http://twitter.com/VirginiaExports

  15. THE GLOBALECONOMY IN VIRGINIA 67,230 jobs 158,645 jobs IMPORTS IMPORTS EXPORTS $18.6 billion annually $26.7 billion annually $64.07 billion 376,675 jobs $18.5 billion cumulative INVESTMENT 150,800 jobs Sources: U.S. Department of Commerce Global Trade Information Services

  16. International investment

  17. international investment OUR MISSION • To settle international companies profitably in Virginia • To be “all things international” for international companies in Virginia • To grow Virginia’s tax base and job base

  18. International investment GOALS • Profitable solutions for your business needs • On-going communication with Virginia private sector/government leaders

  19. International investment STRATEGY • Profitable solutions for your business needs • Account Manager • North American business platform • Cost effective location • Expansion assistance • Export growth

  20. International investment STRATEGY • On-going communication with Virginia private sector/government leaders • Account manager • INVEST Magazine • International resources on www.YesVirginia.org • Directory of Internationally Owned Companies

  21. INTERNATIONAL INVESTMENT IN-COUNTRY INVESTMENT REPRESENTATIVES TOKYO Tommy Okutomi BRUSSELS Matthias Duys INDIA Opening in 2011 HONG KONG Hailey Fong LONDON Opening in 2011 SHANGHAI INTERNATIONAL INVESTMENT MANAGERS ASIA Roy Dahlquist EUROPE Dave Enghauser REST OF WORLD

  22. International investment THE VALUE OF VEDP to your company IN-COUNTRY TEAM – (Asia, Europe, and India) • Site location professionals • Global business insight • Language/cultural expertise • Virginia knowledge INTERNATIONAL INVESTMENT MANAGERS • Account Manager • International expertise • Virginia “international connections” • Relationship management

  23. International investment IN-COUNTRY INVESTMENT REPRESENTATIVES INTERNATIONAL INVESTMENT MANAGERS

  24. International investment • Investment - $2,418,000,000 • Jobs – 4,875

  25. International investment Mergers, Acquisitions and Joint Ventures

  26. International investment The global economy in virginia 67,230 jobs IMPORTS 158,645 jobs EXPORTS $18.6 billion annually $26.7 billion annually $64.07 billion 376,675 jobs $18.5 billion cumulative 150,800 jobs INVESTMENT

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