United States President Donald Trump signed an executive order on Monday creating a new office within the Department of Commerce: the US Investment Accelerator. The initiative is designed to “facilitate and accelerate” corporate investments of more than $1 billion into the U.S. economy.

According to the White House, the newly established Investment Accelerator aims to encourage companies to commit to large-scale projects by reducing regulatory burdens and expediting the permitting process. It will also coordinate responses to investor concerns across various federal agencies and increase access to national resources.

“The US Investment Accelerator will work closely with all 50 state governments and their respective economic development organizations,” the statement noted. In addition to facilitating collaboration with national laboratories, the office is expected to provide streamlined support for both domestic and international companies looking to establish or expand their presence in the U.S.

One of the key responsibilities of the new office will be overseeing the CHIPS Program Office, a major component of the broader push to enhance the domestic semiconductor industry. The White House emphasized that the Accelerator will “deliver the benefit of the bargain for taxpayers” by negotiating stronger CHIPS Act deals than the previous administration.

By centralizing investment-related support services and increasing federal-state cooperation, the Trump administration seeks to make the United States a more attractive destination for high-value corporate investments. The initiative also reflects Trump’s ongoing strategy to stimulate economic growth through private-sector development and infrastructure expansion.

Officials expect the US Investment Accelerator to play a critical role in accelerating capital inflow into strategic sectors such as technology, manufacturing, and energy—particularly as competition for global investment intensifies. The announcement signals a renewed federal commitment to modernizing infrastructure around large-scale investment processes.

The office will begin coordinating its operations immediately, with leadership to be appointed in the coming weeks. Economic analysts say the move could provide a significant boost to long-term U.S. industrial capacity if successfully implemented and supported across government levels.