On Tuesday, July 2, Secretary Penny Pritzker joined Senator Barbara Mikulski of Maryland; Dr. Kathryn Sullivan, Acting Administrator of NOAA; Dr.Read More
Accelerators represent the next frontier in commercial success for startups. That’s why SBA, in partnership with Global Accelerator Network, will host business accelerators from across the country for “Accelerator Demo Day” on July 19th in Washington, DC.
President Obama believes sub-Saharan Africa could be the world’s next major economic success story. That is why in June 2012, he issued the U.S. Strategy Toward Sub-Saharan Africa (PDF) to escalate the U.S. efforts to stimulate economic growth, trade, and investment in the region. One year later, the President is in Africa to highlight our success under this strategy.A key component of the President’s strategy is the Doing Business in Africa (DBIA) Campaign, which was launched by the U.S. Department of Commerce in Johannesburg, South Africa last November.Read More
In FY 2012, the federal government made real progress toward delivering 23 percent of all federal contracting dollars to small businesses, with 22.25 percent going to small businesses compared to 21.65 percent in FY 2011. We also made significant impact in several key areas of small business contracting, including exceeding the goal for service disabled veterans for the first time and delivering the highest percentage of contracts to small disadvantaged businesses to date. In addition, more agencies than ever before reached or surpassed all of their prime contracting goals.
If you missed out on National Small Business Week (June 17-21), you are in luck. We’re keeping the conversation alive via a Twitter Q&A on July 9 at 2 p.m. ET. How small businesses can break into supply chains was among one of the more popular topics covered this year. So during this Twitter Q&A, we will be taking your questions about how small businesses can sell their products or services to larger companies.
Twitter Q&A- How to Break Into a Supply Chain
July 9 | 2 p.m. ET
Eight years ago, a Turkish immigrant living in upstate New York saw an ad for a shuttered yogurt plant not far from his home. Where others saw an outdated, old factory, he saw an opportunity and a burgeoning business plan. He purchased the facility using a U.S. Small Business Administration-backed loan, hired five of the employees from the original operation and went to work.
Through hard work, perseverance, long days and sleepless nights, he steadily grew the business into one of the world’s most successful yogurt companies.
Ed. note: This post is part of the Spotlight on Commerce series highlighting members of the Department of Commerce and their contributions to an Economy Built to Last.Guest blog post by Frederick Steckler, Chief Administrative Officer, U.S. Patent and Trademark OfficeAs the Chief Administrative Officer for the U.S.Read More
Penny Pritzker was sworn in yesterday as the nation’s 38th Commerce Secretary. As a key member of President Obama’s economic team, Secretary Pritzker will lead the U.S. Department of Commerce in carrying out the important work that gives entrepreneurs and businesses the tools they need to create jobs and keep the American economy growing, two of the administration’s highest priorities.Read More
What do the states of Montana,
Vermont, New Mexico, Alaska, and Mississippi have in common? They are, according
to a report published this spring by the Kauffman Foundation, Index
of Entrepreneurial Activity, 1996–2012, the states that posted the highest
rates of entrepreneurial activity in 2012.
According to the Kauffman
Today, there are more than 1.4 million LGBT-owned small businesses in the United States. These businesses play an important role in our economy and our communities.
At the U.S. Small Business Administration (SBA), we are working with the LGBT community to spur entrepreneurial activity and to ensure that more LGBT entrepreneurs have the tools and the resources they need to grow successful small businesses and create good jobs.