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Blog April 2013
Created on April 30, 2013
U.S. Deputy Commerce Secretary Rebecca Blank just announced that the inaugural SelectUSA Investment Summit will be held in Washington, DC from Oct. 31 to Nov. 1, 2013.
The Summit will be the first of its kind, connecting businesses and investors from around the world with economic development organizations (EDOs) from across the country in an effort to promote investment in the United States and support the creation of American jobs. The two-day event will also amplify the work of SelectUSA in delivering on President Obama’s agenda to increase direct investment in the United States as a way to spur economic growth and create jobs.
The Summit will bring together international and domestic investors; national, regional, state and local economic development organizations (EDOs); senior Obama Administration officials; business leaders; and industry and technical experts, providing them with a unique opportunity to discover all the reasons why the U.S. is the ideal destination for companies that are weighing options for locating or expanding their operations. During the two-day event, participants also will be able to explore potential investment opportunities in this country, as well as share best practices and build networks.
Created on April 25, 2013
Exporting your product and services requires planning. Like any successful project, one of the first steps is making a plan. Whether you’re going on vacation, conducting a domestic business transaction or starting a new venture one common trait is essential for success . . . careful attention to detail. A great starting point to determine your company’s level of preparedness for international market entry is completing an export readiness assessment.
Selecting the appropriate markets for our products and services, determining how to strategically engage target markets, and securing the financial and managerial resources are just some of the analyses needed to ensure that your export venture is a long-term success. The results of such an assessment may, for example, lead to modifying and ramping up production in order to ship your products to South America or perhaps giving consideration to a more complex venture of opening an office abroad.
Created on April 25, 2013
Going green isn’t just good for the environment—it can be great for your business as well! Companies known for proactive environmental policies often find that their reputation as a green business allows them to better attract and retain high quality employees, improve community relations, and strengthen customer loyalty.
Learn how to “green your business” and work toward creating a cleaner, healthier environment for the community and for the planet. We’ve updated our Green Business Guide for 2013 with the latest tips on what you as a small business owner can do to protect our ecosystems and promote a sustainable, successful business.
Green Business Practices
From changing a light bulb and using recyclable products to installing energy efficient equipment and systems, every business can make simple changes that save energy costs and natural resources. Start by brainstorming a variety of options to reduce your business’s environmental footprint, then choose the most impactful and cost effective options for your business. For additional tips on ways to green your business, our partners at SCORE also offer a number of resources. If you’re interested in getting into the business of helping others get green, SBA has also produced an online training course on how your business can take advantage of these eco-trends.
Created on April 23, 2013
The Investing in Manufacturing Communities Partnership (IMCP) is a new Administration-wide initiative that will accelerate the resurgence of manufacturing and help communities cultivate an environment for businesses to create well-paying manufacturing jobs in cities across the country.
Through the IMCP, the President is directing Federal agencies to provide coordinated assistance to manufacturing communities through a new partnership that will align Federal economic development resources and help U.S. localities make coordinated, long-term investments in their public goods in partnership with universities and industry. These investments will ultimately help regions become more attractive for manufacturers and supply chains. The Partnership will be led by the Commerce Department with support from other federal agencies.
Five to six U.S. communities in 2014 would be competitively selected as pilots, each receiving up to $25 million from the Commerce Department’s Economic Development Administration, in addition to funding from other government agencies. Federal agencies will also align and coordinate their funding opportunities to maximize the effectiveness of Federal expenditures and ensure that localities are able to more seamlessly access the Federal resources they need to fund strategies for attracting long-term business investment.
Nominate Representatives for the U.S. Census Bureau’s National Advisory Committee on Racial, Ethnic, and Other Populations
The U.S. Census Bureau is requesting nominations of individuals, both experts and organizational representatives, to the National Advisory Committee on Racial, Ethnic, and Other Populations. The 32 member Advisory Committee provides insight, perspectives, expertise and advice to the Director of the Census Bureau on the full spectrum of Census surveys and programs. The Committee assists the Census Bureau in developing appropriate research/methodological, operational, and communication strategies to reduce program/survey costs, improve coverage and operational efficiency, improve the quality of data collected, protect the public's andbusiness units' privacy and enhance public participation and awareness of Census programs and surveys, and make data products more useful and accessible.
Topics may include: hidden households, language barriers, students and youth, aging populations, American Indian and Alaska Native tribal considerations, new immigrant populations, populations affected by natural disasters, highly mobile and migrant populations, complex households, poverty populations, race/ethnic minorities, rural populations and population segments with limited access to technology. The Committee also advises on data privacy and confidentiality concerns, the dynamic nature of new businesses, minority ownership of businesses, as well as other concerns impacting Census survey design and implementation.