News

Export program for county businesses

~ Exporting program targets county businesses ~
02/15/17

BY PETER GALUSZKA CONTRIBUTING WRITER

Exports are the way to go, especially for small to middle-sized businesses, according to a new campaign by local and state economic development officials.

“We have an exciting new program,” says Garrett Hart, director of the Chesterfield Economic Development Authority.

Dubbed the Metro Richmond Exports Initiative, the program offers training and advice for companies interested in selling to other countries. The Virginia Economic Development Partnership is putting $150,000 into the program. J.P. Morgan, a major international bank, is matching the money. (more…)

Confessions of a Buffalo Hunter

September 28, 2016 by James A. Bacon
Guest Blogger: Greg Wingfield

Hello, my name is Greg and I was a Buffalo Hunter for more than 35 years.
In economic development parlance a “buffalo hunter” is a marketing professional who is only after the “big game” — the hundred-million-dollars-in- capital-investment/1,000-new-jobs economic development projects that are rare and far between. (more…)

Richmond’s Future as a Global Exporter

September 28, 2016 by James A. Bacon

(This post is taken from the introduction to the Metro Richmond Exports Initiative report published earlier this month, written by John Accordino, Fabrizio Fasulo &amp Greg Wingfield under the auspices of the Virginia Commonwealth University’s VCU Center for Urban and Regional Analysis. — JAB)
To ensure Richmond’s future as an economically competitive and vibrant region with a high quality of life, we should consider the roles that the Richmond metropolitan statistical area (MSA) can play in the rapidly growing global economy. (more…)

MREI to Promote Economic Growth

~Metro Richmond Exports Initiative to Promote Economic Growth~

RICHMOND, VA — September 9, 2016
After nearly two years of work by Virginia Commonwealth University’s Center for Urban and Regional Analysis, the Greater Richmond Partnership, Virginia’s Gateway Region, JPMorgan Chase and the Virginia Economic Development Partnership and input from hundreds of businesses and local, state and regional officials, the long-awaited Metro Richmond Exports Initiative has been released. (more…)