International Trade and Investment

Highlights


  • Facilitates strategic industry-academia partnerships
  • Assists employers with training strategies

The Fredericksburg Regional Alliance (FRA) provides a valuable “one-stop” resource for international businesses exploring U.S. operations as well as existing regional firms looking to increase trade in overseas markets. Our goal is to make it convenient and attractive to start and develop your business in the Fredericksburg, VA Region. Specifically, FRA provides cost-free support services for foreign organizations as individuals explore investment or business opportunities within the region.

Services include:

  • Assistance in scheduling meetings with government officials, attorneys and CPAs
  • Arrangement for company and/or site visits
  • Opportunities for regional economic developers to make presentations to visiting foreign companies and governments
  • Access to meeting and conference rooms
  • Discounted or complimentary lodging opportunities

The Fredericksburg Region staff ensures the process is efficient, informative and productive. Representatives from a foreign company are introduced to area economic developers, representatives from companies with whom they want to do business, attorneys, CPAs, banking representatives and any other appropriate contacts. In one trip, a company can take care of all its needs.

In addition to the regional resources available to international businesses, the Virginia Economic Development Partnership (VEDP) offers many programs and services to help international companies expand their markets.  Below is a listing of VEDP’s International Trade Division’s programs and services.

  • One-on-One Counseling: VEDP International Trade Managers are available to provide marketing assistance to Virginia businesses.
  • Trade Missions and Trade Shows: The Division of International Trade conducts international trade missions to promote Virginia products and services in foreign markets. The VEDP also hosts foreign trade delegations and arranges meetings between Virginia firms and these potential foreign buyers.
  • VALET Program: The VALET Program is an innovative program to assist companies throughout the Commonwealth of Virginia as they expand their business with international export trade. It offers a powerful combination of capital resources from the state and professional services from private-sector partners to enhance the international efforts of up to 15 companies per year. This program is the first of its kind in the United States.
  • Global Market Research: The Global Market Research (GMR) Program is a unique resource offered by VEDP’s Division of International Trade. The program links Virginia businesses interested in exporting with specific market research on countries or regions of the world. Answers to export questions are presented in a concise, easy to understand format in a very short time. The company receives a written report and a presentation.

Resource Listings

For information on Exporting in Virginia:

For information on Financing in Virginia:

  • Banker’s Association for Foreign Trade:
    Dedicated to manufacturing. Contains search options, resources, partners and referrals. http://www.baft.org
  • Export-Import Bank of the United States:
    Independent U.S. government agency that helps finance the overseas sales of U.S. goods and services. http://www.exim.gov
  • Inter-American Development Bank:
    The oldest and largest regional multilateral development institution, it was established to help accelerate economic and social development in Latin America and the Caribbean. Dedicated to manufacturing. http://www.iadb.org
  • International Monetary Fund:
    Informational website of the international organization helping to maintain a stable system of buying and selling currencies so that payments between foreign countries occur without delay. http://www.imf.org/
  • Overseas Private Investment Corporation:
    Independent U.S. government agency that sells investment services to assist U.S. companies overseas. http://www.opic.gov
  • Small Business Administration (SBA) — Financing Your Business:
    SBA works with banks to provide exporters with loans and venture capital financing through a variety of programs. http://www.sba.gov/financing/
  • U.S. Trade and Development Agency:
    Helps U.S. companies pursue overseas business opportunities. Online resources, library and trade and export news. http://www.ustda.gov/
  • Virginia Dept. of Business Assistance, Financing:
    Delivers and develops financial products and service to increase employment and investment of private capital in Virginia businesses. http://www.dba.virginia.gov/
  • World Bank:
    A step-by-step outline for first-time exporters. http://www.worldbank.org

For Information on Virginia Trade Resources:

  • Sister Cities International:
    Agency that links communities from the U.S. with communities worldwide. http://www.sister-cities.org
  • Virginia Department of Agriculture and Consumer Services:
    Promotes economic growth and development of Virginia’s agriculture. http://www.vdacs.state.va.us/
  • Virginia Port Authority:
    Port operations, services, stats and international trade development news. http://www.unzco.com/basicguide
  • Virginia Society of CPA’s:
    Website for the VSCPA’s. Contains links, referrals and news releases. http://www.vscpa.com/
  • Virginia Stat:
    Statistics on business, demography and economy of Virginia. http://www.coopercenter.org/econ/VASTAT/
  • Virginia State Bar:
    Licensing board for lawyers practicing in Virginia. Regulates, improves and educates members of the legal profession, promotes administration of justice and quality of legal services provided to Virginians. http://www.vsb.org/

For information on Licensing Controls:

  • Institute for Standards and Technology:
    Works with industry to develop and apply technology, measurements and standards. Links, search options, publications and upcoming events. http://www.nist.gov/
  • Trade Compliance Center:
    Helps U.S. exporters benefit from trade agreements. Trade agreement database, market access information and links. http://www.export.gov
  • U.S. Customs and Border Protection:
    Handles issues from duties, import clearance, and required Shipper’s Export Declaration (SED). Customs also has general export information and links to other Federal Government web sites. http://www.cbp.gov/
  • U.S. Department of Commerce, Bureau of Industry and Security:
    Controls exports, develops export control policies and issues export licenses. Search options and press releases. http://www.bis.doc.gov
  • Virginia Chamber of Commerce:
    Statewide business organization that represents businesses at both state and federal level. Government affairs, publications, news releases and Virginia links. http://www.vachamber.com
  • World Trade Organization (WTO):
    Forum for trade negotiations, handles trade disputes and monitors trade policies. Cooperates with other international organizations. http://www.wto.org/

Additional Information:

  • American Association of Exporters and Importers:
    National association that represents U.S. corporations involved in importing and exporting before the Executive Branch, Congress and regulatory agencies. http://www.aaei.org
  • American Translators Association:
    Largest professional association of translators and interpreters in the U.S. http://www.atanet.org
  • Export Legal Assistance Network (ELAN):
    Under the ELAN program, international trade attorneys from the Federal Bar Association provide free initial consultations to small businesses interested in starting export operations. http://www.fita.org/elan
  • Federation of International Trade Associations:
    Promotes international trade by strengthening role of associations in North America that have an international mission. http://www.fita.org/
  • National Capital Area Chapter of the American Translators Association, Professional Services Directo:
    Searchable up-to-date directory of translation, interpretation and other language services. http://www.ncata.org/
  • Vizala: International economic and market research tool. http://www.vizala.com/

For more information about the Fredericksburg Regional Alliance Business Attraction Services or for specific contacts at VEDP Division of International Trade contact our office at (540) 361-7373 or e-mail FRA.