Yesterday, FMS President Luke Chung was invited by the governor’s office to participate in his proclamation of 2012 as the Year of the Entrepreneur. Luke stood behind Governor Bob McDonnell and Lieutenant Governor Bill Bolling during the press conference and participated in a day-long event supporting entrepreneurship, small businesses, and job creation.

Commerce Secretary James Cheng led the events. Participants were able to hear from successful Virginia business founders and learn from each other through a luncheon and Entrepreneurial Town Hall. Examples of agricultural, technology, manufacturing, and craft businesses showed the diversity of Virginia firms offering products and services for in-state, national and international customers. It was also interesting to trace the roots of the founding of Virginia in 1607 as a high-risk entrepreneurial enterprise that eventually led to success after many failures.

All parties recognized the value and responsibility of seasoned entrepreneurs helping newer entrepreneurs, and how fundamental this was to the success of our state and nation. Activities will occur around the commonwealth over the year where government representatives and entrepreneurs share their ideas, experiences, and resources. Already recognized as one of the most business friendly states in the country with one of the lowest unemployment rates, Virginia continues to foster business success in a bipartisan manner.

Noteworthy was the inclusion of Education Secretary Laura Fornash in the activities stressing the importance of public education as part of a healthy business climate. This includes having great K-12 education and the many higher education institutions across Virginia. Those institutions attract bright students from outside Virginia, create entrepreneurial opportunities around them, and give us the ability to keep them in Virginia for life. FMS and Luke Chung are honored to be a part of this initiative.

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• Press Release