The Emerging Markets Subsidy program
Right from 2007, when the first Industry Development program of BCI was conceived, the Outsourcing Industry Development Committee (OIDC) has been engaged in helping fledgling BPO economies grow through several initiatives and programs. The Emerging Markets Subsidy program of OICD came into being in 2008 and since then, it has impacted BPO development across more than a dozen nations. The program is now in its fifth year and subsidies worth more than 9.8 million US dollars have been approved by the OICD till date for a wide variety of government and non-government stakeholders in emerging markets. Specifically, the BCI EMS program 2014 aims at:
- Helping governments of emerging BPO nations in Africa and Asia attain worldclass BPO training knowledge and expertise affordably and establish high-quality talent development infrastructure at low cost.
- Helping universities in developing and underdeveloped nations establish worldclass centers for outsourcing, ICT and BPO studies at low costs to facilitate development of talent and indigenous knowledge without forex outgo.
- Helping professionals, companies and governments in emerging markets afford BCI certifications.
- Helping organizations and stakeholders associated with the Impact Sourcing movement worldwide acquire BCI credentials and services at lower-than market costs.