Governor Terry McAuliffe announced today that Virginia has received $578,500 in grant funding from the U.S. Small Business Administration’s State Trade and Export Promotion (STEP) Grant Program.  The STEP grant is designed to increase the number of small businesses that are exporting and to raise the value of exports for those small businesses that are… Read more

Governor Terry McAuliffe announced today that Virginia has received $1.8 million in grant funding for a third year of its Going Global Defense Initiative (GGDI), administered by the Virginia Economic Development Partnership (VEDP).  The GGDI was created to mitigate the negative impact of defense spending cuts on Virginia’s economy. Speaking about today’s announcement, Governor McAuliffe… Read more

Governor Terry McAuliffe announced today the Go Global with Coal & Energy Technology (GGCET) program, a collaboration of the Governor’s Office, the Virginia Coalfield Economic Development Authority (VCEDA) and the Virginia Economic Development Partnership (VEDP) as a result of the Governor’s 2014 Energy Plan. Speaking about today’s announcement at an event in Bluefield, Virginia, Governor… Read more

The Virginia General Assembly recently enacted legislation that will allow qualified exporters to receive a permanent tax savings of 20% or more by utilizing an IC-DISC (Interest Charge-Domestic International Sales Corporation). The IC-DISC has enabled many exporting companies to achieve significant tax savings.  How does it work? An eligible U.S. exporting company forms a special U.S…. Read more

We travel quite a bit at VEDP-International Trade. Check out the International Travel Packing List & Tips that we can’t live without! Packing List Passport Time and location of first appointment Photocopies of passport and visa Business cards Foreign currency Company literature Hotel address, phone number, & confirmation Addresses for postcards Boarding passes for trains… Read more

Preparing for International Travel Sign your passport and fill in the emergency information on your passport Ensure your passport has at least six months validity from your planned date of return to the U.S.  Some countries will refuse entry on arrival and some airlines will not allow passengers to board flights if their passport does… Read more