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Virginia Allies Meeting April 2, 2009

Virginia Allies Meeting April 2, 2009. Virginia’s Target sectors. Virginia’s Target sectors. Announcements since June 2008. Central Virginia Hampton Roads Northern Virginia Southside Virginia Southwestern Virginia Valley. Newport News LLC. Return on Invested Capital. Parameters

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Virginia Allies Meeting April 2, 2009

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  1. Virginia Allies MeetingApril 2, 2009

  2. Virginia’s Target sectors

  3. Virginia’s Target sectors

  4. Announcements since June 2008 Central Virginia Hampton Roads Northern Virginia Southside Virginia Southwestern Virginia Valley Newport News LLC

  5. Return on Invested Capital Parameters • Performance data from FY2002-FY2007 updated semi-annually (current to 2nd qtr. 2008) • 162 projects received GOF year to date • GOF Disbursements – $63.01 million year to date • Total Incentive Grants – $164.99 million (TROF, VJIP, VIP, EZ, etc.) year to date Results to Date (since FY2002) • Gross Revenue – $1,078,310,000 • Net State Revenue – $913,320,000 Projected 10 Year Returns on Existing Companies • GOF Disbursements – $63.31 million • Total Incentives – $232.11 million • Gross Revenue – $2,274,270,000 • Net State Revenue – $2,042,160,000 • State Benefit to Cost Ratio: $10 to $1

  6. Current project Dynamics

  7. Virginia’s Growth potential

  8. Science and Research & Development

  9. Security & services

  10. Advanced Manufacturing

  11. Transportation & Global logistics

  12. Valet Profile of program Participants

  13. ALL VALET PARTICIPANTS (2002-2009)

  14. VALET Program value Virginia companies use the VALET Program to increase international sales by an average of 88%.

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