The federal government often awards loans or grants to incentivize companies to develop new technologies or to create new jobs. In the past, U.S. subsidiaries of global companies have been unable to bid for specific incentives simply because of foreign ownership. This discrimination was seen in both the Department of Energy’s ARPA-E program in 2009 and the Department of Agriculture’s Rural Development Program in 2010. However, just like their domestic counterparts, U.S. subsidiaries employ tens of thousands of U.S. workers and use incentives to grow and expand their U.S. businesses.
OFII works to ensure that government loans and grants are awarded through a fair, open competitive bidding process.
OFII Letter on Levin Contract Ban Bill (S 2704, HR 5278), October 2014