Recent News

Virginia Companies Expand into Global Markets with Commonwealth’s Export Accelerator Program

RICHMOND, VA — Governor Abigail Spanberger today announced that 14 companies from across the Commonwealth have graduated from the Virginia Economic

VEDP's Supply Chain Optimization Program Receives NASBITE International Program Excellence Award

RICHMOND, VA —The Virginia Economic Development Partnership received the 2026 NASBITE International Program Excellence Award in recognition of its

Virginia Companies Expand Into Global Markets Through Commonwealth’s Trade Accelerator Program

RICHMOND, VA — Governor Abigail Spanberger today announced that 14 companies across the Commonwealth have graduated from the Virginia Economic Deve

Virginia Companies Expanding into Global Markets through Commonwealth’s Trade Accelerator Program

RICHMOND, VA — Governor Glenn Youngkin today announced that 13 companies across the Commonwealth have graduated from the Virginia Economic Developm

Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program

RICHMOND — Governor Glenn Youngkin today announced that 10 companies across the Commonwealth of Virginia are graduating from the V

Case Studies

Navy Spire Collective Logo

Supply Chain Optimization Program Connects Virginia Company with Strategic Suppliers

Spire Collective, a leading retailer of storage and display solutions for board sports gear based in Fluvanna County, worked with VEDP’s Supply Chain Optimization Program (SCOP) to expand sourcing options for specialized product components not available through domestic suppliers. As the company continued to grow, leadership recognized the need to diversify its international supplier base to additional locations in Southeast Asia.

Blue AccuTec logo

AccuTec Revamps Key Processes With Help from VEDP’s Supply Chain Optimization Program

VEDP’s Supply Chain Optimization Program (SCOP) supported AccuTec’s goal of streamlining their supply chain processes through a customized supply chain assessment process that helped identify specific pain points within their business and manufacturing operations.

Blue and red Fend logo

Supply Chain Optimization Program Provides Lifeline to Virginia Businesses

Two seemingly unrelated companies are proof of concept for a program with the potential to transform supply chain operations for Virginia companies. Fend Inc. is a small cybersecurity provider that ran into supply issues during the depths of the COVID-19 pandemic. Somic America is a large auto parts manufacturer that wanted to build supply chain resiliency in case of future disruptions.

Light blue and dark blue Morcom Logo

Morcom International: Elevating Global Communications from Virginia

The impact of VALET’s support is clear. Morcom’s leadership credits the program with helping them overcome the barriers that often limit small businesses in international markets. As Morcom continues to expand, their story stands as a testament to the power of strategic partnerships and the importance of tailored support for small businesses with global ambitions.