Team Illinois to showcase the state’s assets and attract international companies at annual trade and foreign direct investment summit
Team Illinois, a collaboration of economic development officials coordinated by Intersect Illinois, will exhibit at the 2019 SelectUSA Investment Summit, June 10-12, in Washington, D.C. The Investment Summit is an annual event connecting international companies with U.S. economic development organizations to facilitate job-creating business investment in the United States.
“The SelectUSA Investment Summit provides us with the unique opportunity to connect with more than 1,000 potential investors and explain why Illinois is a premier business destination for growth and expansion in the U.S.,” said Intersect Illinois President and CEO Mark Peterson. “Together with economic development partners from throughout the state, we are meeting with international companies, making our pitch, and showcasing Illinois’ assets.”
Team Illinois partners attending this year’s summit include:
America’s Central Port
Bloomington-Normal Economic Development Council
Chicago Regional Growth Corporation
Chicago Southland Economic Development Corporation
Greater Peoria Economic Development Council
Growth Dimensions (Belvidere-Boone County)
Illinois Department of Commerce and Economic Opportunity
Lake County Partners
Land of Lincoln Economic Development Corporation
Quad Cities Chamber
St. Louis Regional Economic Development Alliance
Will County Center for Economic Development
Past Investment Summit participants have announced more than $103.6 billion in new U.S. investment projects within five years of attending an Investment Summit, creating or retaining more than 167,000 U.S. jobs in the process. Illinois has announced $1,674.2M in investment, creating or retaining more than 5,064 new jobs within those five years.
“Global companies clearly see the benefits of investing in the world’s largest economy, and the SelectUSA Investment Summit is the event that connects companies to actual opportunities,” said Commerce Under Secretary Gilbert Kaplan. “Every attendee, speaker, business representative, and economic development official makes the Investment Summit successful, and I am proud of the incredible group of participants we will host in 2019.”
Nearly 3,000 attendees are confirmed for the 2019 Investment Summit, including over 1,250 business representatives from 70-plus global markets.
Foreign direct investment in Illinois directly supports 340,500 jobs across several industries including software and IT services, business and financial services, and industrial equipment among many others. The United Kingdom, Germany, Japan, Canada, and France were the top sources of foreign direct investment in Illinois as of May 2019.
A livestream of the Investment Summit will be available at www.selectusa.gov/newsroom. For live updates, including tweets, photos, and videos, use #SelectUSASummit #TeamIllinois and follow @SelectUSA on Twitter. Learn more about the Investment Summit at www.selectusasummit.us.