What is the SelectUSA initiative and how does it promote business Investment in the US

Join us on Monday, July 11th at TechColumbus for a presentation by Tazeem Pasha, with the U.S. Department of Commerce and Manager of Business Retention and Expansion at SelectUSA.  Ms. Pasha will be providing information on the partnership with Economic Development Organizations to promote business investment in the United States.  She will also explain the establishment of the program along with its mission, vision and program structure.

The presention is targeted for the economic development organizations and the business investment community.

Program Agenda:

11:00 am           Networking and Registration
11:15 am           Presentation by Tazeem Pasha
11:45 pm           Opportunity for Q & A
12:15 pm           Adjourn    
       
The event is free but registration is required

Additional Information about SelectUSA:

On June 20th, President Obama reaffirmed the U.S. open investment policy, a commitment to treat all investors in a fair and equitable manner under the law, and he encouraged all countries to pursue such a policy. A few hours prior, the White House Council on Economic Affairs (CEA) reported that foreign direct investment in the United States increased by 49 percent in 2010.

The President’s statement and CEA’s report came soon after U.S. Commerce Secretary Gary Locke announced SelectUSA, the first coordinated federal effort to aggressively pursue and win new business investment in the United States. Created by Executive Order, SelectUSA is housed at the U.S. Department of Commerce and online at SelectUSA.gov.  It is designed to promote the United States as the premier place to do business globally and help to attract, retain and grow business operations in the U.S., spurring economic growth and job creation.

SelectUSA has absorbed and expanded the mission of Invest in America, and is led by Executive Director Barry Johnson. It reaffirms the work we have done since Invest in America’s inception in 2007 to promote the United States as a business location at the federal level. It also adds business retention and expansion to our mission. Under SelectUSA, our commitment remains intact to represent the whole nation while maintaining strict geographic neutrality; collaborate with U.S. states, regions, communities and partners in economic development; and provide investors a single point of entry for information on federal programs and serving as ombudsman and national advocate for investment in the United States. With SelectUSA, the legacy and mission of Invest in America is further strengthened.

As the United States competes with trading partners who have dedicated national programs to encourage businesses to move to or expand within their borders, SelectUSA will be a key component to strengthening U.S. competitiveness. Thank you for your continued interest in the U.S. business climate for investment. We will continue to keep you updated through regular communication about SelectUSA. To learn more, call (202) 482-6800 or visit SelectUSA.gov.