OPIC Will Hold Workshop for California Small Businesses
September 17, 2013
WASHINGTON, D.C. – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, will host a workshop for California small businesses interested in entering the global marketplace on Wednesday, November 13 at the San Jose Marriott located at 301 South Market Street in downtown San Jose.
The workshop, part of OPIC’s Expanding Horizons program, is designed to help small businesses learn how to gain access to lucrative overseas opportunities and will outline the innovative financial tools that OPIC has used for more than 40 years to help U.S. businesses successfully invest in emerging markets.
Speakers will include senior government officials from OPIC, as well as from the Small Business Administration, the Export-Import Bank of the U.S., the U.S. Trade and Development Agency and the U.S. Department of Commerce’s Commercial Service and Minority Business Development Agency. Sessions will focus on market access, financing, political risk insurance, and the opportunities in the renewable energy and clean technology sectors.
Since its establishment in 1971, OPIC has committed over $6.4 billion in financing and political risk insurance to projects sponsored by companies in California, supporting more than 42,000 local jobs and $2.5 billion in exports from the state.
The workshop is the latest in a highly successful series that has educated more than 2,500 small and medium-sized business owners across the United States about OPIC products and services. Since 2006, OPIC has held Expanding Horizons events in Atlanta, Boston, Charleston, Chicago, Cleveland, Denver, Fort Worth, Houston, Kansas City, Los Angeles, Miami, Newark, New Orleans, New York City, Orange (CA), Philadelphia, Raleigh, Salt Lake City, San Francisco, St. Louis, and Seattle.
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 277,000 American jobs. Visit www.opic.gov for more information.
Companies interested in attending may register online at www.opicevents.com.