January 31, 2012 - 9:21am
When you think of the great inventors, you probably think of people such as Benjamin Franklin, Alexander Graham Bell and even Steve Jobs - people who have brought entirely new concepts to the market. But great ideas and innovations don't have to change the world. Sometimes the best new product opportunities start with small improvements in existing concepts. For example, Pam Moore improved on the standard ice tray after trying to squeeze ice cubes into the narrow openings of sport bottles for her son's soccer games.
January 30, 2012 - 5:05pm
Today the Commerce Department’s Minority Business Development Agency (MBDA) presented a grant to SoCal Corporate Growth Partners for $1.775 million to operate a new MBDA Business Center in Riverside, California. MBDA National Director David Hinson was joined by Riverside Mayor Ron Loveridge and Daniel Sieu, CEO & President of SoCal Corporate Growth Partners to celebrate the opening of the new Riverside MBDA Business Center, which will be operated over five years. This Business Center is a part of a network of 45 centers that operate nationally under the auspices of MBDA
January 30, 2012 - 9:00am
After two years leading the Commerce Department’s U.S. and Foreign Commercial Service (USFCS), Assistant Secretary for Trade Promotion Suresh Kumar announced his decision today to return to the private sector.The USFCS, which is part of Commerce’s International Trade Administration, is a global network of trade specialists with offices across America and in more than 70 countries around the world. The organization’s job is to help connect U.S.
January 30, 2012 - 7:56am
Are you in the clean energy business? Or perhaps you’re looking to save some money by investing in energy-saving business equipment or a greener facility? If so, you may be wondering what your funding options are. From loan programs to research and development grants and small business tax incentives, here is a round-up of some go-to resources – most of them online – for financing your green business strategy. 1. Your Local Bank.com – Low-Cost Green Business Loans
January 27, 2012 - 2:00pm
Today, three days after attending the president’s State of the Union address, Commerce Secretary and former CEO John Bryson traveled to Columbus, Ohio, where he toured Entrotech, a manufacturing facility, and met with local business leaders.
January 27, 2012 - 11:58am
Guest blog post by Anna M. Gomez, Deputy Assistant Secretary for Communications and Information and Deputy Administrator, National Telecommunications and Information AdministrationThis week I had the opportunity to participate in a panel discussion hosted by the National Organization of Black Elected Legislative Women, or NOBEL, that examined how broadband is helping to address many of America’s most pressing challenges.A robust broadband infrastructure is critical for America to remain competitive in the 21st century. Broadband provides a foundation for innovation, job
January 26, 2012 - 7:45pm
Two days after President Obama laid out plans in his State of the Union address to support innovation and bolster U.S. manufacturing, Acting U.S. Deputy Commerce Secretary Rebecca Blank visited Tech Town, a premier commercial technology campus, in Dayton.
January 26, 2012 - 4:30pm
U.S. Census Bureau Director Robert Groves released a 2010 Census brief on the American Indian and Alaska Native population (PDF) yesterday and joined an expert panel in addressing the current social and economic impact of this population and at a forum held at the National Museum of the American Indian. The event highlighted statistics from the 2010 Census, providing a portrait of the American Indian and Alaska Native population in the U.S.
January 26, 2012 - 1:02pm
If you think it’s hard to do business forecasts – and lots of people do – what I can tell you is that it’s a whole easier to forecast than it is to run a business without any forecasts. So, with that in mind, here are five things that every manager should know about financial forecasts. 1. Forecasts are for business, not truth, or beauty. The business value of financial forecasts is about making good decisions. The forecast helps you anticipate business trends, allocate your spending right, and manage the flow of money.
January 26, 2012 - 7:30am
According to U.S. Census data, e-commerce sales are increasing at a rate faster than traditional offline retail sales, raking in approximately $190 billion in sales in 2011. So it’s no surprise that budding entrepreneurs and existing “bricks and mortar” businesses are turning to e-commerce as a business opportunity. You only need to browse the SBA.gov Community Discussion Boards to see how many topics focus on how to start an e-commerce business!