Showing posts with label Export. Show all posts
Showing posts with label Export. Show all posts

Friday, September 11, 2015

Governor McAuliffe Announces U.S. SBA Grant to Support Virginia’s International Trade Program

~ Program increases exports for Virginia’s small businesses ~

RICHMOND – 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 currently exporting. 

Speaking about today’s announcement, Governor McAuliffe said, “International trade is a key part of my plan to create private sector jobs and build a new Virginia economy that is less reliant on the federal government.  By providing resources and services to increase international trade, we help Virginia businesses find new customers around the world and, in turn, create new jobs for VirginiansWe are pleased to continue this effective partnership with our federal partners to provide assistance to even more of Virginia’s small businesses.”

“In 2014, more than 86 percent of Virginia’s exporting companies were small and medium-sized companies with fewer than 500 employees. These firms generated more than 28% of Virginia’s total products exported,” said Secretary of Commerce and Trade Maurice Jones.  “Helping Virginia small businesses sell their products and services abroad is one of our most effective business expansion strategies.”

The STEP Grant will generate international sales for Virginia’s small businesses by providing the following international trade promotion services for eligible small businesses:

·         Opportunities to participate in international trade shows
·         Face-to-face meetings with potential customers and partners by travelling to international markets
·         Website translation, search engine optimization and localization
·         Advertising and translation services

Receipt of this federal grant was made possible by Governor McAuliffe’s $1.0 million funding of the Virginia International Trade Alliance (VITAL), which was announced in July 2015.  To date, two federal grants totaling over $2.4 million have been awarded to Virginia to increase international trade.   VITAL’s goals are to increase Virginia’s exports by $1.6 billion and to create 14,000 trade-supported jobs over the next 5 years. The SBA grant will be administered by the International Trade Division of the Virginia Economic Development Partnership.


Monday, March 10, 2014

Governor McAuliffe Announces First AFID Award to Promote Economic Development, Increase Agricultural Exports

Varieties of soybeans are used for many purposes.
Varieties of soybeans are used for many purposes. (Photo credit: Wikipedia)
~ Investment Enables Montague Farms to Access High-Value Sprouting Soybean Markets in Asia ~

Partnership with Isle of Wight County will provide Virginia Growers New Production, Market Diversification Opportunities

RICHMOND - Governor Terry McAuliffe today awarded his administration’s first economic development grant from the Governor’s Agriculture and Forestry Industries Development Fund (AFID) for a business expansion project that Montague Farms, Inc. has undertaken at the company’s Windsor facility in Isle of Wight County.  Montague, a family-owned producer and exporter of specialty soybeans based in Center Cross, will invest more than $600,000 to purchase a new state-of-the-art packaging line, soybean testing lab, and warehouse facility. The AFID grant of $14,100 was matched by Isle of Wight. 

            In addition to the creation of three new jobs at the facility, the company will now be able to sell into the highly regulated, but lucrative sprouting soybean market of South Korea and beyond.  To serve this new market, the company will purchase more than 4,000 metric tons of Natto soybeans from Virginia producers over the next three years.

            Speaking about today’s announcement, Governor McAuliffe said, “I am delighted to award the first AFID economic development grant of my administration to Isle of Wight and Montague Farms, furthering two goals of my economic development and jobs creation strategy for the Commonwealth.  By collaborating with our private sector partners and local governments, we can make the make smart, targeted investments needed to position our economy for new opportunities, especially in agriculture, Virginia’s largest industry.  Secondly, with a focus on increasing the amount of products shipped from Virginia into the global marketplace, we can make Virginia the East Coast capital for agricultural and forestry product exports and return more jobs, revenue and prosperity to our rural communities.”

            Montague Farms has been involved in exporting food-grade non-genetically modified organism (GMO) soybeans for over twenty-five years, successfully focusing their exports on the Japanese Natto market, widely recognized for its demanding quality standards.  Investments announced today enable them to enter a new market, increasing and diversifying their opportunities for selling these value-added soybeans abroad.  Further, farmers in the region will now have the opportunity of supplying Montague with product and receiving a premium for their efforts, helping them diversify their farming operations while sending more money to the bottom line.  Montague owns and operates two grain storage and conditioning facilities in Virginia, the Windsor operation and another in Center Cross.

            “More than ninety percent of the world’s customers lie outside the borders of the United States, so if we are to see continued growth in Virginia’s agricultural sector it is imperative that we continue seeking new export opportunities in the global marketplace,” said Todd Haymore, Virginia Secretary of Agriculture and Forestry.  “I thank Montague Farms for their leadership in this area, for supporting so many other Virginia growers by purchasing their crops, and for moving us as toward Governor McAuliffe’s goal of making Virginia the leading state for agricultural and forestry product exports on the East Coast.”

            “We are very thankful to Governor McAuliffe and Secretary Haymore for making Isle of Wight County not just the first AFID Grant recipient of this administration, but the first locality in Virginia to have received two AFID Grants,” said Byron B. Bailey, Chairman of the Isle of Wight County Board of Supervisors.  “First, this past June, with the reopening of the former International Paper sawmill by Franklin Lumber, and now with this facility, we are continuing our partnership with the Commonwealth in supporting projects in our county that bring jobs to our citizens and create new markets and opportunities for our forest and farmland owners.”

            “Exports are what drives our business, so we are glad to have this assistance from the Commonwealth of Virginia that enables us to continue to develop these markets” said Tom Taliaferro of Montague Farms. “Whether through trade missions promoting Virginia agricultural products, or through their support of the infrastructure needed to access these markets, as we are receiving today, we are appreciative of the Commonwealth’s focus on agriculture exports.”

            According to a 2013 economic impact study conducted by the University of Virginia’s Weldon Cooper Center for Public Service, agriculture and forestry are two of Virginia's largest industries, with a combined economic impact of $70 billion annually.  Agriculture generates more than $52 billion per annum, while forestry induces over $17 billion. The industries also provide more than 400,000 jobs in the Commonwealth.

About the Agriculture and Forestry Industries Development Fund

            The AFID Fund was created  during the 2012 session of the General Assembly and is being embraced by the McAuliffe Administration as an important tool in growing the Commonwealth’s agriculture and forestry sector and helping to make Virginia the leading export of ag and forest products on the East Coast. More information about the AFID grant, which has the flexibility to assist projects large and small, can be found at (http://www.vdacs.virginia.gov/agribusiness/afid.shtml).
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Friday, November 22, 2013

Governor McDonnell Announces Opening of Virginia Agricultural Trade Office in Canada

Governor of Virginia Bob McDonnell speaking at...
Governor of Virginia Bob McDonnell speaking at CPAC. Please attribute to Gage Skidmore if used elsewhere. (Photo credit: Wikipedia)
Initiative Aimed at Growing Exports to the Commonwealth’s Second Largest Export Market
Canada Imported $205 Million Worth of Virginia Agricultural Products in 2012

RICHMOND – Governor Bob McDonnell announced the formal opening of a representative trade office in Canada focused on increasing agricultural and forestry product exports to the region. Secretary of Agriculture and Forestry Todd Haymore attended the meeting on behalf of the Governor.

Speaking about the opening of the Canada trade office, Governor McDonnell stated, “Today marks the last major step in the agricultural and forestry product export growth initiative we began more almost four years ago designed to promote job creation, economic development, and new agricultural production opportunities.  With the Canadian office established, Virginia now has agricultural trade offices in eight locations around the world, including some of the fasting growing regions and countries.  The initiative is yielding solid results for the state's two largest industries.  Exports have reached an all-time high in the last three years, and we expect more export successes in the coming year.  Increased export opportunities for Virginia products mean more jobs and economic prosperity here in the Commonwealth.”

Since 2010, Virginia has been implementing Governor McDonnell's initiative to increase agricultural and forestry exports from Virginia.  The initiative includes utilizing representatives in Canada and focusing on export growth opportunities for products such as hardwood lumber, fresh produce, leaf tobacco, poultry, pork, seafood, wine, and other agricultural commodities.  During a trade mission to Canada in 2012, Governor McDonnell announced the first Virginia beef cattle shipments to Canada, at the time our third largest export market.  Since those initial shipments, Virginia has helped grow this business, with over $5 million in beef cattle being sold to Quebec beef cattle feeders.  Now exceeding $200 million in annual value, Canada is currently Virginia’s second largest international export market for agricultural products, behind only China.

At the Canadian office opening today, Secretary Haymore commented, “Canada has long been an important market for a number of Virginia agribusinesses, but we know we can grow our market share given our high quality products and close proximity.  Because we are geographically close and easily accessible by truck and rail, Virginia’s focus will be on increasing business and trade opportunities in Eastern Canada, thus helping increase employment in the Commonwealth. Indeed, every one dollar in agricultural exports generates $1.40 of in-state business activity to process, package, finance, and ship these products.”

Secretary Haymore added, “Virginia's Canadian trade representatives have already started working on projects in the seafood, forestry, and specialty foods sectors, including participation in the SIAL Canada, one of the world’s largest food and beverage trade shows, this spring. The Governor and I believe their work will help Virginia's agricultural exports reach new records by cultivating trade opportunities in this important region of the world.”

The Virginia Department of Agriculture and Consumer Services (VDACS) has hired full-service consulting firm Argyle Communications to represent Virginia's agricultural and forestry interests in Canada. Argyle, headquartered in Toronto, offers deep understanding and experience in marketing agribusiness products, and in reaching both consumer and trade audiences with strategic, cost-effective communications programs.

Daniel Tisch, President of Argyle Communications, stated, “We pride ourselves on building exceptional, long-term relationships with our clients, so while we get great short-term results, we also bring that long-term thinking to every client relationship, We are delighted to earn the opportunity to represent the Virginia Department of Agriculture and Consumer Services and look forward to supporting the state's efforts in agricultural and forestry trade in Canada.”

As part of the Governor's agricultural export growth initiative, Secretary Haymore and VDACS Marketing and Development staff work in close partnership with Virginia's producers, agribusinesses, and exporters to retain strong market presence in mature and established markets, pursue new opportunities in emerging markets, and develop business in unconventional markets, such as Cuba and Venezuela.  This team also works with state government partners, including the Secretary of Commerce and Trade, the Virginia Port Authority, and the Virginia Economic Development Partnership, to find more export opportunities.

To supplement the strategic effort, Governor McDonnell secured new international marketing funds from the General Assembly over the course of the administration for VDACS to open agricultural trade offices in India, China, Latin America, and Europe, all regions that contain some of the world's largest and fastest growing economies. VDACS has had a trade office in Hong Kong for more than 20 years. Organized international market development projects coordinated with Virginia's private sector exporters have resulted in more than $750 million in new agricultural exports from Virginia during the McDonnell administration. Overall agricultural exports from Virginia reached just over $2.61 billion in 2012, an all-time high.

Agriculture and forestry are Virginia's largest industries, with a combined economic impact of $70 billion annually: over $52 billion from agriculture and $17 billion from forestry. The industries also provide approximately 414,000 jobs in the Commonwealth according to the Weldon Cooper Center for Public Service at the University of Virginia.
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