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MBDA Reflects on Hannover Messe 2016

Blogged By: 
Verlinda Harris, MBDA Management Analyst
Created on May 12, 2016


The Minority Business Development Agency's (MBDA) participation in Hannover Messe 2016 has been an extraordinary experience. With the U.S. participating as the partner country, the U.S. Department of Commerce and Select USA undertook the enormous challenge of ensuring that American businesses and opportunities were front and center for anyone interested in doing business in America. With an original goal of 200 businesses recruited to exhibit, we were extremely proud to learn that the final number was more than 400, including the businesses and stakeholders that MBDA recruited.

With the U.S. serving as the partner country, the event was already an exciting challenge, but President Obama's participation created additional exhilaration. Hannover Messe has proven to be a significant opportunity for MBDA, our delegation, and staff. Practically every industry was represented in one way or another. MBDA was showcased in the U.S. Investment Pavilion among several other federal and state government representatives offering trade and investment opportunities.

Please join Business Forward for a conference call with President Barack Obama

Blogged By: 
Created on May 4, 2016

To cap off National Small Business Week, President Obama and senior Administration officials will join Business Forward’s nationwide network of business leaders to discuss the role of small business in growing the American economy. The discussion will focus on key economic initiatives, including the Trans-Pacific Partnership.

In addition to hearing from the President, business leaders from across the country will have the opportunity to ask questions of Administration officials about how various economic policies affect their companies, employees, and local economies.

World Trade Month: The Importance of Global Trade

Blogged By: 
Stefan M. Selig is the U.S. Under Secretary of Commerce
Created on May 4, 2016

World Trade MonthEvery year, World Trade Month—designated for the month of May—gives us the opportunity to acknowledge the importance of global trade, and look back at the economic advancements we have made as a result. This World Trade Month, we can look back and appreciate the success we have accomplished.

In 2015, our exports totaled $2.23 trillion, we increased our exports to 58 international markets, and we achieved record exports with 20 global partners. Our export success was one aspect of a strong year for the U.S. economy where our auto industry experienced its best year ever and our manufacturing sector reached record highs for output. Exports also contributed to our economy, supporting 11.5 million U.S. jobs and accounting for nearly 13 percent of U.S. GDP. In addition, last year, U.S. services exports tallied another strong year. In fact, business services; telecommunications, computer and information services; and travel all reached export increases of more than $1 billion.

Opportunity To Apply for Membership on the National Advisory Council on Innovation and Entrepreneurship (NACIE)

Blogged By: 
Created on May 3, 2016

On May 2, 2016, U.S. Economic Development Administration (EDA) opened the application period for NACIE’s 2016-2018 term. Applications are due by 11:59pm Eastern Time on June 1, 2016. NACIE supports Federal innovation strategy by advising the Secretary of Commerce on policies and programs that foster entrepreneurship and by identifying new ways to take ideas from the lab to the marketplace to drive economic growth and create jobs.

NACIE’s efforts have spanned areas from access to capital (which helped lead to the Jumpstart Our Business Startups Act (JOBS Act)) to innovation and entrepreneurship at universities (supported by 142 U.S. leading universities), from the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs to the gig economy, and beyond.

National Small Business Week Celebrates the American Entrepreneurial Spirit

Blogged By: 
SBA Administrator Maria Contreras-Sweet
Created on April 29 , 2016

What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave?

The 28 million small businesses that propel our economy forward and define our national entrepreneurial spirit.

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