The government is aiming to attract about 150 businesses to the Northern Ireland investment conference in the autumn, which was promised by the prime minister following the agreement of the Windsor Framework.
The US Inflation Reduction Act includes tax credits for green technologies aimed at attracting and keeping investment in the US.
"I'm not as negative on the Inflation Reduction Act as some people because it's great the US is spending so much on such an important area and frankly a lot of UK companies can benefit from this."Meanwhile, a think tank has said the Ministry of Defence should improve efforts to procure equipment from Northern Ireland businesses.
Last year, the MoD awarded a £1.6bn contract for three Royal Navy support ships which will be partially built at Harland and Wolff in Belfast.
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