MichBio Helps Sell Michigan LifeSciences at SelectUSA Summit

MichBio was honored to be part of Team Michigan at the SelectUSA Investment Summit, the highest profile event in the United States to facilitate business investment by connecting thousands of investors, companies, economic development organizations (EDOs), and industry experts to make deals happen.

Hosted by the U.S. Department of Commerce, the Investment Summit is a one-stop shop for companies considering expanding to the United States and provides EDOs with the opportunity to meet directly with international companies to facilitate investment deals. SelectUSA’s 10th Investment Summit, held on June 23 – 26, 2024, marked the largest Investment Summit in SelectUSA history, with over 5,000 attendees spanning 96 international markets and, for the first time, all 56 U.S. states and territories represented!

The Summit kicked off on the first full day with a plenary session on building technology innovation ecosystems. It featured Michigan’s own Gov. Gretchen Whitmer, alongside her peers from Virginia, Illinois and Nevada.

There was a lot of traffic at the Michigan Pavilion, with representatives from the MEDC and various regional economic development agencies and MichBio, fielding foreign direct investment inquiries from across the globe. Some of that was spurred by Gov. Whitmer’s omnipresence at the booth and at the State of Michigan Reception, garnering great crowds.

Significant interest was received about opportunities across the full spectrum of the life sciences, from pharma and medical devices to agricultural and environmental biotechnology. MichBio and the MEDC are engaged in follow up discussion with a number of those prospects.

The 2025 SelectUSA Investment Summit is set for May 11 – 14, 2025, to establish new connections and explore business opportunities through investing in the United States.