SelectUSA Investment Summit

Cabinet Secretaries and Governors to Join President Obama and Secretary of Commerce at SelectUSA Investment Summit

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced that four Cabinet secretaries will participate in the 2016 SelectUSA Investment Summit, June 20-21, at the Washington Hilton in Washington, D.C. In addition to Secretary Pritzker, Secretary of the Treasury Jacob J. Lew, Secretary of Agriculture Thomas Vilsack, Secretary of Labor Thomas E. Perez, and Secretary of Transportation Anthony Foxx will join President Obama for the Summit that will showcase investment opportunities from every corner of the United States, bringing international investors and domestic economic development organizations (EDOs) together under one roof.

“The Cabinet’s participation in this year’s event demonstrates to foreign executives that the United States is ‘Open for Business,” said Secretary Pritzker. “For the third time in four years, we are proud to be bringing together pre-eminent business executives, economic development officials from across our nation, and key industry leaders to demonstrate why America is the best place in the world to invest.”

Governors Nathan Deal (R-Ga.); Terry McAuliffe (D-Va.); and C. L. “Butch” Otter (R-Idaho) will also participate in the third SelectUSA Summit.

This year’s Summit theme is “The Innovation Advantage” to highlight American leadership in research and development. The innovative climate and diversity of resources across the country can contribute to global success for foreign investors. High-profile business and government leaders will share their insights on the latest innovations and trends in an effort to promote investment, and support and create jobs in the United States.

At the 2015 SelectUSA Investment Summit, President Barack Obama welcomed more than 2,000 participants from all over the world, including companies and business associations, as well as economic development organizations from every corner of the United States. Global CEOs and other business leaders representing major international firms joined entrepreneurs—who have successfully grown their startups and SMEs in the United States—at the Summit.

To date, 2015 Summit participants have already announced approximately $5.5 billion in U.S. investments, associated with an estimated 9,480 U.S. jobs, according to data compiled by fDi Markets.

About SelectUSA

Housed within the U.S. Department of Commerce, SelectUSA promotes and facilitates business investment into the United States by coordinating related federal government agencies to serve as a single point of contact for investors. SelectUSA assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy. SelectUSA also helps investors find the information they need to make decisions; connect to the right people at the local level; navigate the federal regulatory system; and find solutions to issues related to the federal government. For more information, visit www.selectusa.gov.

Photo credit: ClaraDon via Visualhunt / BY-NC-ND