Editing Overseas Private Investment Corporation (section)

{{Short description|Government agency of the United States of America}}
{{Redirect|OPIC}}
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{{update|date=October 2018}}
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{{Infobox government agency
| agency_name = Overseas Private Investment Corporation (OPIC)
| seal = 
| logo = OPIC logo2014 cmyk.png
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| formed = 1971<ref>{{cite web|first=Matt|last=Andrejczak|url=http://www.bizjournals.com/washington/stories/1997/04/21/newscolumn1.html|archiveurl=https://web.archive.org/web/20020619085706/http://www.bizjournals.com/washington/stories/1997/04/21/newscolumn1.html|title=Agency cuts paperwork to help small businesses|website=[[Washington Business Journal]]|archivedate=June 19, 2002|date=April 1997|accessdate=July 29, 2024}}</ref>
| dissolved = December 20, 2019
| superseding1 = [[United States International Development Finance Corporation]] (DFC)
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| headquarters = [[Washington, D.C.]]
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| website = [http://www.opic.gov/ www.opic.gov]
}}

[[File:Countries OPIC supports with U.S. private investment.gif|thumb|This graphic displays the 160 countries around the world where the U.S. Overseas Private Investment Corporation (OPIC) worked to support U.S. investment. (August 2014)]]

The '''Overseas Private Investment Corporation''' ('''OPIC''') was the [[Federal government of the United States|United States Government's]] [[Development finance institution]] until it merged with the [[Development Credit Authority]] (DCA) of the [[United States Agency for International Development]] (USAID) to form the [[U.S. International Development Finance Corporation]] (DFC). OPIC mobilized private capital to help solve critical development challenges and in doing so, advanced the [[foreign policy of the United States]] and national security objectives.

By working with the U.S. [[private sector]], OPIC helped U.S. businesses gain footholds in emerging markets, catalyzing revenues, jobs, and growth opportunities both at home and abroad. It achieved its mission by providing investors with financing, political risk insurance, and support for private equity investment funds when commercial funding could not be obtained elsewhere. Established as an agency of the U.S. government in 1971, OPIC operated on a self-sustaining basis at no net cost to American taxpayers.