Virginia Export Program Recognized for Innovation
– Virginia Leaders in Export Trade Honored by Harvard University Bright Ideas Program –

RICHMOND - Governor Bob McDonnell today announced the selection of the Virginia Leaders in Export Trade (VALET) program for the newly created Bright Ideas program by the Ash Center for Democratic Governance and Innovation at Harvard University's John F. Kennedy School of Government. The VALET program was one of 173 government programs selected from more than 600 submissions for the newly created Bright Ideas program. Bright Ideas is designed to recognize and share creative government initiatives with interested public sector, nonprofit and academic communities nationwide.

"The VALET program has made great strides in assisting Virginia companies with overseas expansion," Governor McDonnell said. "This recognition from Bright Ideas provides Virginia the opportunity to share the successful VALET program and possibly help other companies that are facing similar economic challenges."

The Virginia Economic Development Partnership's (VEDP) VALET program incorporates services from a team of experienced international service providers who assist Virginia companies with their international goals. Service providers such as attorneys, Web designers, bankers, translators and freight-forwarders contribute essential skills for expansion into international markets. In addition, VEDP provides $15,000 via reimbursement to assist with costs associated with exporting.

The VALET program and other 2010 Bright Ideas will be showcased on the Ash Center's Government Innovators Network, an online marketplace of ideas and examples of government innovation for policymakers and practitioners. The winners were chosen by a team of expert evaluators comprising academics, practitioners, and former public servants. Selected from a pool of nearly 600 applicants, 2010 Bright Ideas address a range of pressing issues.

"VALET pairs Virginia companies with the practical tools needed for successful export sales," said Paul Grossman, Director of VEDP's International Division. "The Commonwealth and its private-sector partners are committed to helping Virginia companies obtain international sales in the global marketplace, and we hope this recognition encourages other Virginia companies to pursue global business opportunities."

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