From Longman Business Dictionary
invitein·vite /ɪnˈvaɪt/ verb [transitiveT]1to offer someone the opportunity to do somethinginvite somebody to do somethingContractors will then be invited to tender for the work.
Applications are invited from suitably qualified candidates.
The country has invited bids from foreign firms to explore for oil and natural gas.
2to ask someone to come to an eventinvite somebody to somethingI was not invited to the meeting.