The OPIC Blog

Spotlight on OPIC’s Impact Award in the American small business category

The inaugural OPIC Impact Awards event, set to take place next Tuesday, will highlight exceptional projects across six categories, including Renewable ResourcesCritical InfrastructureAccess to Finance, Development Impact, Private Equity, and American Small Business. This post, the final in the series, spotlights American Small Business.

In supporting U.S. private sector investment in emerging markets, OPIC works with businesses of all sizes including large numbers of small businesses. Because many of the world’s fastest-growing, high-yield markets are in developing countries, expanding abroad can help these businesses create jobs in the U.S., and lead to procurement of U.S. goods and services. In 2013, almost three-quarters of the projects OPIC supported involved a U.S. small business.

OPIC works hard to educate and support American small businesses about the benefits of expanding into emerging markets, and each year it hosts a series of Expanding Horizons workshops for small businesses around the country.

Since 1971, OPIC projects in developing countries have supported 278,000 American jobs and resulted in significant procurement of U.S. goods and services. Our award in the American small business category highlights the exceptional work of OPIC’s small business partners investing in emerging markets and addressing critical development challenges.

Each OPIC Impact Award honoree was selected through a rigorous process taking into consideration project focus on priority sectors or regions, innovation in overcome obstacles, quality of risks, risk mitigation practice, and development impact, among other factors.

To learn more about the OPIC Impact Awards, as well as the rest of the award category series, visit: https://www.opic.gov/blog/opic-impact-awards. Be sure to follow OPIC on Twitter and use our event hashtag #OPICImpact.


Share and Enjoy

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Related Post

Featured Photo: Supporting producers of bird’s eye chili peppers

In Eastern Uganda, bird’s eye chili pepper farmers are producing more chili peppers and connecting to larger markets. OPIC partner...

Why entrepreneurs are vital to emerging markets: OPIC featured in Silicon Valley Business Journal

“Innovative thinkers and early adopters exist everywhere: In Silicon Valley, but also in Sub-Saharan Africa; in the legendary startup garages...

Two OPIC partners to participate in the Global Entrepreneurship Summit

  The 7th annual Global Entrepreneurship Summit this week in Silicon Valley will feature two OPIC partners on a panel...