Establishment of the SelectUSA Initiative

2011-06-20Executive Order 13577
Signed by: Barack Obama
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Headline: Establishes SelectUSA Initiative to Boost United States Business Investment

What it does: Agencies must cooperate with the SelectUSA Initiative and Commerce Department to promote, facilitate, and resolve issues for business investment in the United States.

Real World Impact:
  • Creates a central federal office to help investors navigate government requirements.
  • Gives businesses an ombudsman to resolve federal issues affecting investments.
  • Requires federal departments to coordinate and support national investment promotion.
Topics: business investment, economic development, job creation, government coordination

Summary

This order creates the SelectUSA Initiative, a government-wide program housed in the Department of Commerce to attract and retain business investment in the United States. It directs the Initiative to promote the U.S. as a place to do business, provide information to investors, serve as an ombudsman to resolve federal issues affecting investments, and report quarterly to the President.

All executive departments and agencies with roles in investment must cooperate with the Initiative. The order aims to boost job creation, economic growth, and American competitiveness by better coordinating federal resources and removing obstacles to investment.

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