OPIC Selects BMA Capital Management, LLC as Originator in Enterprise Development Network
Thursday, July 26, 2012
WASHINGTON, D.C. – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has selected BMA Capital Management, LLC, a New Bedford, Massachusetts-based business and investment advisory firm dedicated to linking viable small and medium-sized enterprises (SMEs) in the U.S. with viable businesses in sub-Saharan Africa, to serve as an Originator for a growing alliance with the private sector designed to support 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 is resulting in more efficient, cost-effective delivery of services to American businesses.
BMA Capital Management, LLC is a privately-held financial and business consulting company that is managed by a team of highly qualified professionals. BMA Capital’s team of professionals, with over 55 years’ experience, is dedicated to providing clients with all the tools required to succeed in domestic or international business ventures. A major factor in BMA Capital’s success in sub-Saharan Africa is its extensive knowledge of the market and ability to connect SMEs in the United States with viable businesses in the region.
OPIC is the U.S. Government’s development finance institution. It mobilizes private capital to help solve critical development challenges and in doing so, advances U.S. foreign policy. Because OPIC works with the U.S. private sector, it helps U.S. businesses gain footholds in emerging markets catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds.
Established as an agency of the U.S. Government in 1971, OPIC operates on a self-sustaining basis at no net cost to American taxpayers. OPIC services are available for new and expanding business enterprises in more than 150 countries worldwide. To date, OPIC has supported more than $200 billion of investment in over 4,000 projects, generated an estimated $75 billion in U.S. exports and supported more than 276,000 American jobs.