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OPIC to kick off workshop series for American small businesses

OPIC Director of Corporate Development Alison Germak, talks to a small business owner at an
Expanding Horizons workshop.


OPIC will kick off its 2017 Expanding Horizons small business workshop series on May 4 in Portland, Oregon with a half-day seminar where small businesses can learn about some of the opportunities of expanding into emerging markets, and the OPIC finance and political risk insurance tools that can help support them.

These workshops are part of OPIC’s ongoing commitment to supporting American small businesses in the global economy. Since 2006, OPIC has traveled around the United States to host this unique outreach program and has held over 40 workshops and educated more than 4,500 American small businesses about the resources available from OPIC to help them compete in the global marketplace. Since 2008, an average of 74 percent of the projects OPIC has supported each year have involved and American Small Business.

Ellicott Dredges LLC of Baltimore, Maryland is one of the American small business that OPIC supports in emerging markets. Ellicott makes cutter-suction dredges that are used around the world to control flooding and make waterways passable. The business uses OPIC political risk insurance to support sales of its equipment in multiple countries, including Iraq, where its American made dredging equipment helps restore hydroelectric dams.

“For us, and small businesses like ours, the support of OPIC is instrumental. I don’t think we’d be able to operate in some of those markets without OPIC,” said Ellicott President and CEO Peter Bowe.

This year OPIC will host the Expanding Horizons workshop series in New York City; Cincinnati; Charlotte and Oakland.

For more information and to register for one of the workshops please visit:

See also:

Six reasons why your small business should explore emerging markets

Ten years of small business outreach

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