OPIC Selects Hamman Marketing Associates as Originator in Enterprise Development Network
September 21, 2012
WASHINGTON, D.C. –The Overseas Private Investment Corporation (OPIC) has selected Hamman Marketing Associates of Johnson City, TN, an international consulting and business development firm, 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 is resulting in more efficient, cost-effective delivery of services to American businesses.
Hamman Marketing Associates was established in 1999, and is an international consulting and business development firm with considerable experience in the Middle East and North Africa. The firm has provided services on USAID-funded development projects in Egypt, Jordan and Tunisia.
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.