Print this pagePrint

Press Release

Friday, November 20, 2009

OPIC Selects Global Business Advisory Services, LLC as Originator in Enterprise Development Network

Global Business Advisory Services: Melisa Malone, Tel: 754-581-1735; mmalone@gbaservices.net

WASHINGTON, D.C. –The Overseas Private Investment Corporation (OPIC) has selected Global Business Advisory Services, LLC (GBAS), an international professional services firm focused on providing strategic business advisory and financing services in emerging markets, to serve as an originator for a growing alliance with the private sector designed to support small and medium-sized enterprises (SMEs) expanding into emerging markets overseas. 

The alliance, the Enterprise Development Network (EDN), is expanding the ability of OPIC – the U.S. government agency charged with facilitating U.S. private sector investment in emerging markets – to provide financing to SMEs doing business in developing countries.

Through the support of financial institutions, business consultants, associations, law firms and regional investment promotion agencies, EDN is designed to enhance SME access to OPIC products and services. By empowering such service providers, the network will result in more efficient, cost-effective delivery of services to American businesses investing overseas.

Global Business Advisory Services, LLC provides the international business community, especially emerging markets, with a conduit to private equity, debt financing, business support services and strategic advisory services.  Services include strategic planning, market research, valuation analyses and loan origination.

GBAS specializes in assisting U.S. companies who presently operate or wish to operate overseas.  Clients include micro, small and medium enterprises in the hospitality, infrastructure, energy and import-export markets.  Learn more about Global Business Advisory Services, Inc. on the web at: www.gbaservices.net.
 


OPIC was established as an agency of the U.S. government in 1971. It helps U.S. businesses invest overseas, fosters economic development in new and emerging markets, complements the private sector in managing risks associated with foreign direct investment, and supports U.S. foreign policy. Because OPIC charges market-based fees for its products, it operates on a self-sustaining basis at no net cost to taxpayers.

 

OPIC’s political risk insurance and financing help U.S. businesses of all sizes invest in more than 150 emerging markets and developing nations worldwide. Over the agency's 39-year history, OPIC has supported $194 billion worth of investments that have helped developing countries to generate over 842,000 host-country jobs. OPIC projects have also generated $74 billion in U.S. exports and supported more than 274,000 American jobs.