U. S. Ambassador Judith Fergin joined the Timor-Leste Minister of Education and other senior government leaders at the East Timor Institute of Business (IOB) graduation ceremony on 28 December 2012. Founded in 2002 with support from USAID, IOB was the first post-secondary training institution in Timor-Leste to focus on business, management, finance, and information technology, areas vital to private-sector growth. IOB now has 3,000 students at two campuses in Dili and has expanded to five of the country’s 13 districts.