This afternoon, Secretary Penny Pritzker attended Senator Jack Reed’s Rhode Island Business Leaders Day to affirm that Rhode Island, and America as a whole, are open for business. She noted the role that the Department of the Commerce is playing in helping to fortify the state’s economy by strengthening manufacturing, increasing exports, and making critical infrastructure and economic development investments.Through the local United States Export Assistance Center, the Department of Commerce is promoting Rhode Island’s exports. Nationwide, U.S.Read More
The U.S. Department of Commerce's National Institute of
Standards and Technology (NIST) announced more than $7 million in grants to
support the National Strategy for Trusted Identities in
Cyberspace (NSTIC). The funding will enable five U.S. organizations to
develop pilot identity protection and verification systems that offer consumers
more privacy, security and convenience online.
These new pilots build on the successful launch of five NSTIC
pilots awarded in 2012. Launched
One of the most important decisions you can make as a business owner, a marketer, an accountant and a business strategist is determining a price for your product or service. The price you choose to set communicates value, market position and customer expectations. From a backend perspective, it also determines the ever-important potential of profit.
This month, the U.S. Small Business Administration (SBA) recognizes the vital contribution of Hispanic American small business owners to our economy as we observe and celebrate National Hispanic Heritage Month. We know that America’s 28 million small businesses are the engine of job creation in our country, and minority-owned businesses are one of the fastest-growing segments of new businesses in today’s economy.
More than 250,000 service members transition each year from the military to civilian life. These men and women are proven leaders and they have the skills and experience needed to be outstanding business leaders. And the figures prove it – one in seven veterans are self-employed or small business owners, and about one quarter of veterans say they are interested in starting or buying their own business.
If this sounds like you, there are a number of exciting resources and programs that can help you start and grow your business.
Does it feel like summer was just yesterday? Well, it’s time to put away the pool toys, cover the grill and pack up the bathing suits. For small retailers, it’s time to start planning your 2013 holiday marketing strategy. (In fact, in a recent Experian survey, 69 percent of marketers had already started planning—last month!). Here are some tips to get you started.
Today Secretary Penny Pritzker delivered keynote remarks at the
U.S.-Saudi Business Opportunities Forum currently underway in Los Angeles, an
event being hosted by the Saudi Committee for International Trade, the
U.S.-Saudi Business Council, and the Saudi-U.S. Trade Group. The event brought
together approximately 1,200 American and Saudi businesses, government
officials, academics and opinion leaders to highlight the U.S.-Saudi commercial
and trade relationship and inform participants about business opportunities in
By: Pravina Raghavan, Director, Office of Innovation and Investments
Small business federal contracting is a win-win. The federal government gets to work with innovative small businesses—often with direct access to the CEO—and small businesses get an important source of revenue.
When President Obama took office, he made overhaul of the patent system one of his top priorities. New innovations and ideas play a crucial role in creating American jobs, stimulating our economy, and remaining globally competitive.And it was two years ago today that the president signed the America Invents Act (AIA) into law, setting in motion the most significant changes to the U.S. patent system since 1836.Read More
Partnerships fail for many reasons. Misalignment of personality is possibly the first reason that springs to mind, but according to Michigan law firm Family & Aging Law Center , the two most common reasons that business partnerships fail is 1) failure to make an adequate plan, and 2) more importantly, from a legal perspective, failure to have a written partnership agreement that outlines in detail the partnership structure.