By Vinai Thummalapally – Executive Director, SelectUSA
It was my pleasure to join the IEDC 2015 Annual Conference in Alaska, and to sign a Memorandum of Understanding formalizing the important relationship between the IEDC and SelectUSA.
I was able to put into words an important reality in which I’ve lived since joining the SelectUSA team in 2013: that IEDC is like family to SelectUSA. You all have done and continue to do some of the most important work to date supporting the U.S. economy, and I thank you for all of your contributions.
The considerable buzz at the road show was exactly what I expected, because the fact is that our joint effort highlighting the importance of foreign direct investment in our economy is still accelerating. Our momentum will continue in 2016, as we are approaching a very important year for economic development in the global economy.
Two major events on our radar are the Hannover Messe trade fair in April 2016 – the largest industrial technology trade show in the world, and our third SelectUSA Investment Summit in Washington, D.C. in June. I know both of these events can be hugely helpful for just about any EDO, and I personally invite IEDC members to participate.
Many of you have attended Hannover Messe in the past, as it has always been a great show for highlighting investment opportunities. In 2016, a great event gets even better for U.S. EDOs.
For the first time ever, the United States is the Partner Country for Hannover Messe, and that means EDOs exhibiting in the U.S. Investment Pavilion will get maximum exposure to the more than 200,000 attendees at this show, thousands of whom are global investors looking to make deals.
Let me be clear: Hannover Messe attendees aren’t window shopping. About 68 percent of attendees come to the show with decision-making authority, meaning they are ready to meet you, negotiate, and close. And with the U.S. Investment Pavilion as the centerpiece of the trade show, your investment opportunities will be front and center for attendees and members of the media to see.
At the SelectUSA Investment Summit in June, our team will do exactly what it’s done twice before: we will connect EDOs directly to global investors. We will attract some of the most brilliant thought leaders in the economic development sector to share their knowledge. We will bring government leaders to hear your thoughts and use your feedback to guide policy.
For EDOs of any size, this event can be an integral part of your growth strategy. In 2015, we welcomed nearly 2,600 participants from more than 70 international markets, including companies and business associations as well as EDOs from all 50 U.S. states, the District of Columbia, Puerto Rico, and Guam.
We are ready to welcome you back to D.C. and to help connect global investors to the opportunities your organizations have to offer. Learn more about the Summit at SelectUSA.gov, and make sure to sign up for updates as we get closer to June.
I know 2016 is a big year for all of us, that money can be tight, and that it can be difficult to decide which events will carry the most impact. I encourage you to contact our team to learn more about Hannover Messe and the SelectUSA Investment Summit, and to help decide which event is best for your unique organization.
I can promise you this: Our SelectUSA teams on the ground at both events will work tirelessly to make sure your organization is exposed to as many potential opportunities as possible.
I hope to see many of you at both events, and I wish you the best of luck in wrapping up 2015!