Everything You Need To Know About Small Business Grants and More

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Overseas Private Investment Corporation (OPIC) OPIC is a U.S. government agency that helps companies invest overseas, and create economic development in new and emerging markets. They have a Small and Medium Enterprise Financing program that provides business grants to companies with annual revenues of $250 million or less. They provide medium- to long-term funding through direct loans and loan guaranties to eligible investment projects in developing countries and emerging markets. By complementing the private sector, OPIC can provide financing in countries where conventional financial institutions often are reluctant or unable to lend on such a basis. The Small and Medium-Enterprise Financing is available for businesses with annual revenues under $250 million, and the Structured Financing focuses on U.S. businesses with annual revenues over $250 million and supports large-scale projects that require large amounts of capital, such as infrastructure, telecommunications, power, water, housing, airports, hotels, high-tech, financial services, and natural resource extraction industries. OPIC can also provide long-term working capital and multiple-year capital expenditure programs. The amount of capital needed for any project can be greater than one financial institution can provide on its own due to per-project limits or diversifications guidelines. As a result, OPIC works with other co-lenders, if necessary, to bring sufficient resources to a given project. Award Amount: Varies Deadline: Varies Website: www.opic.gov/financing

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