Chesterfield Company Participating in New Export Program

A new program designed to assist Virginia companies with international exporting was announced by the Virginia Economic Development (VEDP)Partnership. VALET – Virginia Leaders in Export Trade – will provide capital, expert guidance and concrete solutions for businesses committed to expanding into international markets.

Super Radiator Coils, located in Chesterfield, is one of nine companies selected in the inaugural VALET group. Each year, VEDP will accept 15 Virginia businesses into the VALET program.

Each participating VALET company must commit a minimum of $20,000 annually toward its international export strategy. In exchange, the company will obtain $10,000 in services from VALET Program partners. Program partners include attorneys, web designers, bankers, translators, and freight-forwarders. This team of experienced international service providers will contribute essential skills for expansion into international markets.

Each participating company will also receive $10,000 toward the export transaction costs incured in the course of a successful international sales effort. Private investment in the VALET program totals more than $600,000. More information on the program and participating service providers can be found at www.exportvirginia.org Or you may contact Kim Weir, VALET Program Manager at kweir@yesvirginia.org or call (804) 371-0630.