OPIC's small business workshop is headed to Cincinnati
OPIC will be traveling to Cincinnati next month to host its third Expanding Horizons small business workshop of the year. On August 18, small businesses and entrepreneurs can attend the half-day seminar to learn about some of the opportunities of expanding into emerging markets, and the OPIC finance and political risk insurance tools that are available to support them.
OPIC's Expanding Horizons workshop series was established in 2006 to provide American small businesses with information on the resources available from OPIC to help them compete in the global marketplace. To date, OPIC has hosted over 40 Expanding Horizons workshops across the United States, educating more than 4,500 American small businesses.
OPIC works with American businesses to stimulate economic development both abroad and at home. Baltimore-based Ellicott Dredges is an American small business that manufactures cutter-suction dredges used around the world to improve flood control and make waterways passable. The company, which operates two manufacturing facilities in the U.S., used OPIC political risk insurance to support the sale of its equipment in Iraq, Egypt, and other markets where private insurance was not available. Selling equipment overseas has supported the company’s thriving American manufacturing operation.
“From Kashmir to Baghdad to the Suez Canal, OPIC has helped us win business and conduct it profitably,” said Ellicott President and CEO Peter Bowe. “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.”
The Expanding Horizons workshop series showcases OPIC’s ongoing commitment to support American small businesses in the global economy. Following the Cincinnati seminar, OPIC will be hosting small business workshops in Charlotte, North Carolina and Oakland, California.
Register and learn more about OPIC’s Expanding Horizons workshop here.