The two-day SelectUSA 2013 Investment Summit will connect international and domestic investors and firms with economic development organizations (EDOs) from across the country in an effort to promote investment here and support the creation of American jobs.
Through a series of presentations and panel discussions, Summit participants will hear from world-class business leaders, senior Administration officials, and industry and technical experts. The Summit will feature an exhibition area where EDOs can showcase their business opportunities. Participants will also learn what Federal resources are available for investing in the United States. Another key component of the Summit will be matchmaking sessions, with opportunities for extensive networking.
SelectUSA, located within the International Trade Administration of the U.S. Department of Commerce, was established by President Obama in 2011. This Presidential initiative is charged with leading federal government efforts to promote the United Sates as the premier global investment destination and facilitate investment in the nation. SelectUSA provides counseling to the global investment community, serves as an ombudsman for investors, and advocates for U.S. cities, states, and regions competing for global investment.
The United States presents an unparalleled investment opportunity for domestic and foreign businesses. It benefits from sophisticated industry clusters, first class universities and research and development centers, access to global markets, strong intellectual property rights, and a stable legal system and regulatory environment.
Foreign direct investment (FDI) plays a critical role in the United States economy, the most dynamic and diverse in the world. In 2012, nearly $168 billion in FDI flowed into the nation. In 2011, employment by United States affiliates of foreign firms rose to 5.6 million U.S. workers, up from more than 5.3 million the previous year. SelectUSA aims to ensure the nation maintains its leadership position as the premier investment destination.