The Commerce Department’s Minority Business Development
Agency (MBDA) National Director David A. Hinson traveled to London this week to discuss mergers and
acquisitions as a global growth strategy for middle-market minority businesses.
At the Third Global Merger & Acquisition Symposium: The New Economics
for the Private Middle Market, Hinson explained that minority-owned
businesses offer international investors above average return prospects and a
powerful market entry vehicle into the United States and other countries.
Guest blog post by Deputy Assistant Secretary for
Communications and Information Anna M. Gomez
Earlier this month, I saw firsthand the benefits of our
sustainable broadband adoption projects when I attended a graduation ceremony in
D.C. Byte Back, a BTOP grantee partner, held a ceremony for adults who
completed computer and jobs-skills training courses. At the graduation, I met
students who showed me how these courses are enabling them to cross the digital
divide and open doors to new opportunities.
The Commerce Department's National Telecommunications and Information Administration (NTIA) today urged businesses to prepare for the transition to Internet Protocol version 6 (IPv6), an updated Internet addressing system, with the release of a new "IPv6 Readiness Tool."All devices that connect to the Internet, such as computers, smartphones, and smart grid technologies, require an Internet Protocol (IP) address. IPv6 is designed to expand the number of IP addresses available because the current number of Internet Protocol version four (IPv4) addresses will eventually exhaus
The current FY 2011 Continuing Resolution may expire without new budget authority. While it is not anticipated that there will be a lapse in appropriations, the Department must be prepared for a potential lapse in funding that would necessitate a significant reduction in operations.Prior to a potential lapse in funding, the Office of Management and Budget (OMB) requires the Department to submit a draft plan for agency operations in the absence of appropriations (a "shutdown plan").
Guest Blog Post by Brian McGowan, Deputy Assistant Secretary of Commerce for Economic Development.21
Economic Development Organization’s (EDOs) from across the nation are working
today to create new jobs in their regions by participating in the U.S. Trade & Investment Program to HANNOVER
MESSE 2011, the world's largest
industrial technology showcase. The event runs from April 4-8, 2011 in Hannover, Germany.
At an event in Washington, D.C.
today, National Telecommunications and Information Administration (NTIA)
Administrator Lawrence E. Strickling described the progress of broadband
stimulus projects, noting that Broadband Technology Opportunities Program (BTOP)
grantees have thus far installed more than 4,000 computers for public use and
provided computer training to more than 65,000 people.
Guest blog post by Rick Wade, senior adviser to Secretary Locke, deputy chief of staff, and member of the President’s Task Force on Puerto Rico’s StatusToday the President’s Task Force on Puerto Rico’s Status submitted a report to President Obama and Congress that provides recommendations for addressing Puerto Rico’s political status and economic climate.
Guest blog post by Cameron Kerry, General Counsel for the U.S. Department of Commerce.The time has come for Congress to pass strong Internet consumer privacy
legislation that provides clear rules of the road for businesses and consumers
while preserving the innovation and free flow of information that are hallmarks
of the Internet economy.That’s the Obama Administration’s
conclusion based on the work we have been doing on commercial data
privacy. Three months ago, the Commerce Department published its Green
Ed. Note: This post is part of the Spotlight on Commerce series, which highlights members of the Department of Commerce who are contributing to the President's vision of winning the future through their work.David Hinson is the National Director of the Minority Business Development Agency.As I travel around the country, I am in awe of the tenacity
and the indomitable spirit of minority business owners and their unwillingness
to quit in the face of overwhelming odds. That’s the spirit that makes America great.
the course of our economic recovery since the end of the Great Recession in
2009, domestic manufacturing has been a star. In the past, manufacturing output
and job growth have typically lagged behind the economy’s overall recovery in
the United States. But this time, manufacturing has led the way.