BCIU was formed November 10, 1955, at the White House Industrial Cooperation Council Conference, as an initiative directed by U.S. President Dwight D. Eisenhower. It was established with the purpose of improving foreign understanding of business practices within the United States, thereby lifting a national image that had suffered greatly through the course of the Cold War. The organization was intended to operate as a part of a larger Eisenhower program, called People to People; however, in 1958, the umbrella initiative was shut down after failing to amass an adequate amount of independent funding. BCIU survived the initial decentralization of direction and support, and has continued to perform many of its original duties.
Activities
Corporate to Government Event Building
BCIU organizes conferences and receptions for its member companies and relevant government officials to address issues of common concern. The initiative to organize a conference is taken by BCIU members, U.S. government officials, or foreign government officials. The specific format of these meetings is typically left to the discretion of the host.
Government contracts
BCIU is a pre-qualified Indefinite-Quantity Contractor for the U.S. Trade and Development Agency. Since 2006, BCIU has bid for opportunities to plan and manage orientation visits, conferences, and training programs in support of USTDA objectives. Once awarded a contract, BCIU is responsible for project implementation, which can include a series of meetings, site visits, roundtables, conferences, and receptions with foreign delegations. BCIU performs similar functions for the Overseas Private Investment Corporation.
BCIU organizes consultations with American businesses for outgoing ambassadors to update them on current business and commercial matters affecting their country of jurisdiction.
Business practica
BCIU organizes a program that places Foreign Service Officers into companies for two to three months to gain practical experience after having completed the Foreign Service Institute’s economic and commercial training course.
Past functions
From 1957 to 1990, BCIU operated a cross-cultural training institute with support from American University. Launched by the Eisenhower administration as the BCIU Institute, the program was designed to prepare international executives to meet the personal and professional challenges inherent to working abroad. The curriculum of the BCIU sessions included language and cultural training, as well as briefings on the current state of the U.S., its foreign policy, and its slipping image abroad. The program now runs as the Intercultural Management Institute as a part of American University’s School of International Service.