Now Open sign at entrance to restaurant in Dublin, California (Photo by Smith Collection/Gado/Getty Images) The Commerce Department kicked off SelectUSA today for the annual event that brings investors, startups, and local leaders together as startups in America hit an all-time high.
Secretary Gina Raimondo opened the conference by telling startups and business leaders that America was the best country to invest in. "We have mayors here.
We have ambassadors here. We have problem solvers here who want to work with you," said Raimondo to businesses in attendance.
According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, a 53 percent increase from 2019 and the highest of any year on record.