OPIC's Enterprise Development Network Launches New Website
November 22, 2011
WASHINGTON, D.C. – The Enterprise Development Network (EDN), an alliance between the private sector and the Overseas Private Investment Corporation (OPIC) which has greatly expanded OPIC’s ability to support American companies doing business in emerging markets, has launched a new website featuring an upgraded search engine that gives businesses access to a wide range of services offered by EDN participants, including grants, public and private funding.
The new EDN website, provides a common platform for businesses to find the resources they need from qualified and trusted providers, and for EDN participants to market their portfolios, programs and services directly to the emerging markets they serve.
“EDN already serves as a “force multiplier” for OPIC by expanding the impact of OPIC services to far more U.S. companies than the agency could reach on its own. With the launch of the new website, EDN raises its support for American business to a new, state-of-the-art level,” said OPIC President and CEO Elizabeth Littlefield. “The EDN search engine provides a ‘one-stop shopping’ and information source for businesses and the EDN participants that support them in the very emerging markets where a healthy business sector is most needed.”
As the U.S. Government’s development finance institution, OPIC recognizes that American businesses looking to grow through overseas investment face challenges, chief among them difficulty in obtaining financing and risk mitigation tools.
EDN was established in 2007 to help U.S. businesses meet those challenges, by facilitating access to products and services through a network of financial institutions, business consultants, associations, law firms and regional investment promotion agencies. Today EDN comprises more than 1,500 business consultants worldwide and a growing set of financial institutions, government agencies and NGOs united in their focus on business development in emerging economies.