LVGEA Supports SelectUSA Authorization Act of 2016

LAS VEGAS – Today, the Las Vegas Global Economic Alliance announced support for S. 3097, the SelectUSA Authorization Act of 2016, cosponsored by Sen. Dean Heller.

SelectUSA is a U.S. government-wide program that facilitates job-creating business investment into the United States. SelectUSA helps U.S. economic development organizations, such as LVGEA, compete globally for investment by providing information and high-level advocacy.

“By working with SelectUSA our team is able to identify and partner with more foreign companies that are interested in establishing a business presence in Southern Nevada,” said Jonas Peterson, President and CEO of LVGEA. “With the authorization of this legislation, our economy will become even more resilient by adding additional foreign investors to our market.”

“The SelectUSA program plays an important role in attracting investments that jump-start economic development, spur research and development, and open up domestic export markets,” said Sen. Dean Heller. “As Nevada continues to emerge as a national leader in innovation, technology, and entrepreneurship, our communities, like the greater Las Vegas area, are some of the most attractive locations in the country for global investors.

S. 3097 was introduced on June 23, 2016 and was referred to the Senate Commerce Committee.