OPIC Selects Nice Inc. as Originator in Enterprise Development Network
April 13, 2012
WASHINGTON, D.C. – The Overseas Private Investment Corporation (OPIC) has selected NICE Inc., an international business development and investment consultancy firm focusing on Asia and the Pacific regions, 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.
NICEbay Capital offers international business consultancy services to established companies as well as newcomers who quest to land a foothold in today's global marketplace, specifically Asia and the Pacific with focus in Vietnam, Thailand, Cambodia, Laos, Singapore, Indonesia, Malaysia, the Philippines, India, Russia, and Australia. NICEbay Capital specializes in international business development and facilitation of foreign direct investments, loans and political risk insurance for those in the U.S. who want to do business in Asia and the Pacific, and international entrepreneurs seeking project capital.
Founded in 1993, NICE Inc’s principals and consultants are pioneers in emerging economies conducting early market research, exploring potential for commercial trade and investments. Visit NICEbay Capital on the web at www.NICEbayCapital.com.
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.