OPIC Selects LBM Consultants Limited as Originator in Enterprise Development Network
November 19, 2013
WASHINGTON, D.C. –The Overseas Private Investment Corporation (OPIC) has selected LBM Consultants Limited, an independent consultancy and advisory services firm registered in England and Wales, to serve as an Originator for a growing alliance with the private sector designed to support small and medium 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.
LBM Consultants Limited aims to contribute towards sustainable economic and business growth through enhancing business performance standards, by providing clients with value added financing and business solutions that are socially responsible.
LBM Consultants Limited assists SME’s in Sub Saharan Africa, in particular Southern and Eastern Africa, to access equity and debt capital funding for strategic projects by identifying suitable investment partners internationally. The firm also works on behalf of international finance institutions and prospective investors to identify evaluate and recommend viable and profitable investment projects.
Further information on LBM Consultants Limited is available online at: www.lbm.uk.com.
OPIC is the U.S. Government’s development finance institution. It mobilizes private capital to help solve critical world 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 277,000 American jobs.