As a part of her nationwide listening tour, Secretary Pritzker met with officials from SEMATECH and the State University of New York College of NanoScale Engineering (CSNE) while in Albany, New York today. SEMATECH and CSNE are leaders in semiconductor technology in the U.S. and among the most innovative enterprises in the world.Secretary Pritzker met with the executives of SEMATECH and CNSE to discuss the global challenges that accompany a constantly evolving industry.Read More
The U.S Small Business Administration celebrates its 60th birthday today. It is a great occasion to mark and celebrate the agency’s accomplishments over the past six decades.
The United States loves small businesses – it’s official! That’s according to a survey by the Pew Foundation (reported here on SmallBizTrends) which found that 71 percent of Americans view small business more favorably than any other institutions, including religious organizations.
Why is this? Well, small businesses are seen as a positive influence “on the way things are going in this country.” But it’s more than that.
The U.S. Census Bureau has released My
Congressional District, the first interactive tool geared exclusively toward
finding basic demographic and economic statistics for every congressional
district in the U.S. This Web app uses the latest annual statistics from the
American Community Survey, providing the most detailed portrait of America's
towns and neighborhoods.
Users can sort through statistics in five key categories upon selection of a
specific district in the application. Summary level statistics covering
One of the ways to ensure that America creates an economy that supports good middle-class jobs is by building critical infrastructure that businesses need to thrive and grow. Commerce's Economic Development Administration (EDA) has been at the forefront of such efforts, most recently in Perryville, Missouri, where it is joining with the state of Missouri and local authorities to help pay for improved road access to the Perryville Industrial Park.Industrial parks are the economic lifeblood of many communities, particularly smaller ones.Read More
The Commerce Department's National Institute of Standards and Technology (NIST) announced today that more than $2.3 million in funding for Phase I and Phase II Small Business Innovation Research (SBIR) projects will be awarded to 13 U.S. small businesses.Read More
The federal Defense of Marriage Act (DOMA), which defined marriage as a union between a man and a woman, has been declared by the U.S. Supreme Court to be unconstitutional. What does that mean for your business? Plenty, if you have employees. Here are some actions you should be considering now.
Guest blog post by Secretary of Commerce Penny PritzkerSince
I was confirmed as Secretary of Commerce, I’ve been meeting with business
leaders, entrepreneurs, and foreign leaders to let them know that America is
“open for business.” The United States is one of the most desirable places to
do business; our $16 trillion economy, with its productive workforce and
diverse consumer base, could not do what it does without domestic as well as
foreign investment. Yesterday, I participated in the White House Forum
Secretary of Commerce Penny Pritzker today met with Toshimitsu Motegi, Japan’s
Minister of Economy, Trade and Industry, who is the head of the Commerce
Department’s counterpart agency in Japan. Additional meeting participants
included Under Secretary for International Trade Francisco Sánchez and Japanese
Ambassador to the U.S. Kenichiro Sasae.
Eastern seaboard businesses continue their struggle to rebuild after Hurricane Sandy. In terms of economic losses, the October 29, 2012 storm will be remembered as one of the largest natural disasters in U.S. history.
Many residents and businesses, particularly in the hardest hit coastal areas of New Jersey and New York, were caught off guard by the late-season storm. In addition to the property destruction caused by high winds and flooding, power outrages created big headaches and huge financial losses for many small businesses.