This article contains promotional content. (June 2018) |
SelectUSA Investment Summit is a U.S. federal government program founded in 2007 that was aimed at promoting foreign direct investment into the United States, facilitating job creation and economic development. It coordinates investment resources across the federal government and through the U.S. Commercial Service network in over 70 foreign markets. It has a conference that was held by the agency; it is at a federal-level.
It is housed within the Global Markets unit of the Department of Commerce's International Trade Administration, and serves Economic Development Organizations (EDOs) at the state, regional, local, and tribal levels. it also serves business investors with existing operations in the U.S., or planning to enter the U.S. market.[1]
America reinforces the longstanding U.S. Open Investment Policy.[2][3][4][5] Through Invest in America, the Department of Commerce promoted the U.S. economy as an attraction for foreign investment.[6] Since its inception, SelectUSA has facilitated more than $200 billion in investment, creating and retaining over 200,000 U.S. jobs.[7]
SelectUSA is involved with clean energy and workforce development efforts in the United States. Further, SelectUSA supports Biden administration policies including the CHIPS and Science Act and the Inflation Reduction Act.
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