Five coal and energy companies participating in a two-year export program have grown their international business by 47 percent, Gov. Terry McAuliffe announced Thursday.
The companies graduated this June from the Go Global with Coal & Energy Technology (GGCET) program, a collaboration of the governor’s office, the Virginia Economic Development Partnership (VEDP), and the Virginia Coalfield Economic Development Authority (VCEDA).
The two-year GGCET program was created in 2015 to help coal and energy technology companies in the Virginia coalfield region expand their international business. It is modeled after and linked to VEDP’s Virginia Leaders in Export Trade (VALET) program.
Collectively, the GGCET class members increased their international sales by more than $2 million, representing an increase of 47 percent during their two years in the program.
