Dorita Yiannakou
For the first time, a Cypriot business delegation will participate in the SelectUSA Investment Summit and SelectUSA Tech Summit, two major investment events in the United States aimed at companies looking to enter or expand in the U.S. market. The conferences, taking place in Maryland from May 11-14, 2025, offer entrepreneurs the chance to connect with economic development organizations and investors from across the U.S.
But before business leaders pack their bags, President Nicos Christodoulides will head to the U.S. in April for an official visit. His agenda includes meetings with potential investors and business leaders in New York and Washington, D.C., as part of a broader effort to attract investments to Cyprus in key sectors such as shipping, technology, energy, and financial services.
Cyprus Heads to America
A month after the President’s visit, Cypriot businesses will be making their own trip stateside. The SelectUSA Investment Summit is the largest investment event organized by the U.S. Department of Commerce, bringing together over 5,000 participants annually, including representatives from all 50 U.S. states and more than 2,500 investors from over 90 countries.
The Cypriot delegation, organized by the U.S. Embassy in Cyprus, will consist of companies that meet the participation criteria. Final approval for participation will come from the U.S. Department of Commerce, though no issues are expected for Cypriot businesses.
During the summit, Cypriot entrepreneurs will have the opportunity to learn about tax incentives, regulatory benefits, and investment opportunities across different states. The goal is simple: evaluate what each region offers and find the best fit for business expansion.
Alongside the main event, the SelectUSA Tech Summit will run concurrently, targeting technology companies developing innovative products or services. Participants will gain insight into emerging trends and showcase their business to a global audience.
Why It Matters
Cyprus' participation in these summits signals a growing interest in strengthening business ties with the U.S.. This comes at a time when Cyprus is solidifying its western orientation, marked by President Christodoulides’ upcoming White House visit.
Attending an event of this scale provides Cypriot businesses with unique opportunities to:
- Expand internationally and break into the U.S. market
- Forge new partnerships with American and global businesses
- Gain firsthand insights into U.S. market trends and regulations
- Network with investors and venture capitalists looking for new opportunities
The push for Cypriot companies to engage with the U.S. market is no coincidence. It reflects a broader effort to diversify economic ties and create new growth avenues beyond the EU. If successful, this mission could open doors for more businesses to follow in the years to come.
For now, Cypriot entrepreneurs should get ready—the U.S. is calling, and the opportunities are waiting.
*This article was translated and sumarized from its Greek original. To read more of Dorita Yiannakou's article and gain full access to in-depth reports (in Greek), subscribe now to Kathimerini's print edition and stay informed with comprehensive coverage on this and more!
