Extenda celebrates the 16th edition of the course on Business Opportunities in Multilateral Financial Institutions

Through its Virtual Classroom

A total of fifteen professionals from fourteen Andalusian companies will prepare to win international tenders through this 160-hour online course.
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[Img # 22204]Extenda-Andalusian Foreign Promotion Agency, entity dependent on the Ministry of Economy and Knowledge of the Government of Andalusia, will deliver the 16th edition of its online courseInternationalization through Multilateral Financial Institutionsthrough his Virtual classroom. The course, which will be held from March 6 to July 4, will feature fifteen professionals from fourteen Andalusian companies.

 

This training course aims to provide participants with the necessary tools to submit winning bids in multilateral and bilateral projectsIt also aims to teach how to obtain funding for public-private projects from major organizations. Multilateral Financial Institutions.

 

According to data from extendPublic tenders for projects promoted and financed by multilateral or bilateral institutions to carry out a work, provide a service or supply a good, move a business figure that exceeds 100.000 billion dollars annually.

 

Likewise, extend This training program has been successfully developed since 2005. Multilateral markets are complex and demanding, hence the need for specific training in this area. Each company will receive tailored support based on its needs, including mentoring, a diagnostic assessment, and a strategic plan.

 

A total of fifteen representatives from fourteen Andalusian companies will participate in these training sessions. Seville Six companies are involved (Proyectos y Montajes Ingemont, Track Global Solutions, Instalaciones Inabensa, Samu, Corporación Tecnológica de Andalucía and Gómez Maqueda); three are from the province of Cadiz (Lynceo Consulting Multimedia, Ineria Management and Almacenes Eléctricos del Sur); two come from Granada (Citric Consultores e Ingeniería Atecsur) and a participating company contribute Malaga (Dabo Consulting) and Almeria (Portocarrero de Proyectos).

 

According to data from extend, multilateral markets They currently handle a volume exceeding $100.000 billion annually. For this reason, the international bidding market is an increasingly attractive niche market for companies seeking to expand their operations.

 

The main multilateral organizations that issue public tenders are financial institutions such as the World Bank Group, regional development banks such as the Inter-American Development Bank (IDB), Asian Development Bank, African Development Bank, European Bank for Reconstruction and Development (EBRD), Central American Bank for Economic Integration (CABEI), etc., as well as other non-financial institutions such as European Union and United Nations.

 

 

According to data from Extenda, multilateral markets currently move a volume exceeding $100.000 billion annually.

 

 

 

These entities are joined by national development cooperation agencies (bilateral cooperation), including the Spanish one. AECID (Spanish Agency for International Development Cooperation). Furthermore, there are also certain international funds created for specific purposes, such as climate action, which also operate through tenders.

 

Also included are other smaller, regional corporations present in this market, such as Islamic Development Bankand new multilateral entities that have emerged such as the New Digital Business (NDB), or the Asian Infrastructure Investment Bank (AIIB). The opportunities in international tenders in these institutions are very numerous and cover different sectors of activity (Infrastructure, Energy, Water, ICT, Environment, Training, Marketing, etc.) in different regions of the world.

 

Practical training

 

Companies' participation in this market helps strengthen their international presence and enhances their brand's professional reputation with current and future clients. The course program is highly focused on providing solutions within the framework of the Capabilities not only from a theoretical perspective, but practical cases will be presented and the particularities of each sector will be taken into account.           

 

The aim of the course is to educate Andalusian companies about existing multilateral and bilateral institutions, how to bid and contract, and how to present themselves and succeed. Furthermore, they will receive assistance in developing their own international multilateral business plan and will be encouraged to network and forge future alliances and collaborations among the participating companies.

 

extend has had Track Global Solutions To deliver this course, the firm will offer participants a free subscription to its daily international tender alert service.

 

This work plan includes theoretical aspects such as a description of the characteristics of the multilateral market and the operation and strategy of the institutions; and other more practical aspects such as locating tenders and competitions of interest to the participant's company; preparing expressions of interest, technical and economic proposals, managing, selecting and executing projects; seeking multilateral financing for projects; implementation needs and costs; and negotiating and contracting projects with multilateral financing.

 

The content will be taught in Spanish through the Extenda Virtual ClassroomWhile some materials may be in English due to the specific characteristics of each multilateral organization, each company will receive personalized attention based on its needs, including tailored mentoring, a diagnostic assessment, opportunity identification, search for business partnerships, and the development of a strategic plan.

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