CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands – October 30, 2013 – To continue its efforts of promoting the benefits of doing business in the U.S. Virgin Islands to bring new investments to the Territory, the U.S. Virgin Islands Economic Development Authority (VIEDA) announces that a delegation of its economic development team are among several U.S. economic development organizations, international and domestic investors, senior White House officials, and state and local government representatives who will participate in the first “Select USA 2013 Investment Summit” from October 31 – November 1, 2013.

VIEDA’s Chief Executive Officer Percival E. Clouden will lead VIEDA delegation to the US Department of Commerce’s sponsored SELECT USA Investment summit in Wash. DC. He will be joined by the Asst. CEO Ms. Jennifer Nugent-Hill, who is responsible for the management of the VIEDA’s Marketing and Promotional investments activities and Director of the EDC program Applications Division – Ms. Margarita A. Benjamin.

“I would like to express sincere thanks and appreciation to the U.S. Department of Commerce on behalf of President Obama for extending an invitation to the Government of the U.S. Virgin Islands to participation in this first-ever Select USA Investment Summit. This is indeed a great opportunity for the U.S. Virgin Islands delegation that is attending to promote the benefits of doing business potential domestic and international investors,” said Governor John P. deJongh, Jr.

The VIEDA delegation will have an opportunity to meet and interact with international and domestic investors; high level corporate business executives to promote the investment opportunities available under VIEDA’s tax incentive programs. CEO Clouden will also be seeking additional financial support for the various lending program within the Government Development Bank from the high level senior White House officials who will be in attendance at this major investment Summit.

“We are delighted that VIEDA is given the opportunity to participate in such as exciting summit to discuss investment opportunities for the Territory with potential and domestic and international investors,” said Chief Executive Officer Percival E. Clouden.

As a sponsor of the Luncheon event at the Summit through The Pont Group, the VIEDA will have access and opportunity to make a more tailored pitch to global investors. This is a major promotional opportunity for the Territory as more than 1,000 participants are expected to include 300 companies and professional services organizations and 700 representatives from economic development agencies, are expected to attend this summit.

The VIEDA team is poised to seize all access opportunities to the Summit’s attendees to include networking opportunities as well one-to-one meetings.

The Select USA 2013 Investment Summit is part of a U.S. government-wide initiative to promote direct investment in the United States, intended to connect state, Territories and local economic development organizations.

Select USA is a program within the U.S. Department of Commerce’s International Trade Administration leads the federal government efforts to promote the United States as the premier global investment destination, and facilitates investment in the United States. Select USA provides information assistance to the global investment community, serves as an ombudsman for investors, and advocates for U.S. cities, states, and regions competing for global investment. 

For more information, contact Chief Executive Officer Percival E. Clouden at 340.714.1700. To learn more about the Select USA 2013 Investment Summit, visit www.selectusasummit.com.

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