Program Overview and Results
The Going Global Defense Initiative provides a diversification of Virginia’s defense-related companies into new international markets, thereby ensuring their long-term economic survival and continued ability to supply to U.S. defense forces. During Year 1 of the Going Global Defense Initiative, July 1, 2013 to June 30, 2014, the following results were obtained:
- A total of 160 companies were accepted into the Going Global Defense Initiative, filling all of the program components to capacity.
- All proposed grant activities were executed, including 159 market research projects, 28 export compliance projects, 40 SEO, website translation, and digital marketing projects, and 7 international certification projects.
- Seven export training seminars and five business community outreach workshops were conducted that drew a total of 950 attendees.
- Companies participating in the Going Global Defense Initiative projected a 121% increase in international sales over the next two years.