Created on February 27, 2015
U.S. Secretary of Commerce Penny Pritzker today announced new data that shows 26 states achieved records in goods exports in 2014, while eight additional states experienced growth in merchandise exports over 2013 levels. Total merchandise exports from all 50 states helped the U.S. achieve the fifth consecutive record-setting year of goods and services exports, which reached $2.35 trillion in 2014.
Secretary Pritzker praised today’s announcement stressing the fact exports are critical to economic growth and job creation in communities across the country. “With 95 percent of the world’s consumers living outside the United States, opening more markets to ‘Made in America’ goods and services is fundamental to our nation’s competitiveness, job creation, and the economic security of our families,” she said.
Strengthening partnerships with states and rural communities in support of exporters and investment attraction efforts is a key objective for the second phase of President Obama’s National Export Initiative – NEI/NEXT, which Secretary Pritzker launched in May 2014. Through NEI/NEXT, 20 federal agencies are advancing program and policy improvements to provide exporters more tailored assistance and information; streamline export reporting requirements; expand access to export financing; ensure market access and a level playing field; and collaborate with state and local organizations.
Created on February 26, 2015
Register now to join us on March 10th at 4:30 pm Eastern Time for Japan’s Energy and Nuclear Industries Webinar. There is a $25 fee to register. Instructions for accessing the webinar will be sent to you after completing the registration process.
The U.S. Department of Commerce’s Global Asia Team is organizing a webinar to highlight upcoming U.S. business opportunities in Japan in the energy and nuclear industries. On May 21, 2015, at the 30th NOA Conference, the Commercial Service in Japan will organize a one-on-one business matchmaking event between U.S. firms and Japan’s electric power utilities and suppliers. On April 9-10, 2015, the U.S. Department of Commerce, with the support of the U.S. Department of Energy, is organizing the second Japan-United States Decommissioning and Remediation Fukushima Recovery Forum (“Fukushima Recovery Forum”).
Spotlight on Commerce: Joann J. Hill, Chief, Office of Business Development, Minority Business Development Agency
Created on February 25, 2015
I am a native of Columbia, South Carolina and a graduate of Benedict College with a BS in Business Administration. I also received a Masters of Business Administration from the Goizueta Business School at Emory University. After college, I began my career with the Federal Deposit Insurance Corporation (FDIC) in Atlanta, Georgia. In 2000, I joined the MBDA Atlanta Regional Office and have been with the Department of Commerce for 14 years. I began my career with MBDA as a Business Development Specialist and was eventually promoted to Chief of Business Development for the Southeastern Region. My next promotion relocated me to the MBDA National Headquarters in Washington, DC in 2012 where I currently serve as Chief of the Office of Business Development. In this capacity I oversee the Office of Business Development and serve as the lead federal program officer for the nationwide network of MBDA’s 44 Business Centers.
I lead the effort within the agency to promote economic opportunities that expand the growth and competitiveness of minority business enterprises (MBEs) across America. I am responsible for the creation and implementation of strategies for business development in the areas of: access to capital, access to contracts; access to emerging domestic and international markets and global supply chains. We also actively engage strategic stakeholders like national chambers of commerce and trade associations in collaboration on policy and programs.
For three consecutive years, I have served as Conference Director for the National Minority Enterprise Development (MED) Week Conference, the nation’s largest federally sponsored conference on minority business enterprise. This conference is held annually in Washington, D.C. and attracts over 1,000 attendees. Traditionally, we have hosted officials from the White House, including the Vice President of the United States, the Secretary of Commerce, Cabinet Secretaries and a host of CEOs from MBEs and Fortune 500 firms.
Government Agencies, Historical Black College University Join Forces in Future of Business, Innovation, & Entrepreneurship Event
Created on February 23, 2015
The Minority Business Development Agency (MBDA), the U.S. Patent and Trademark Office (USPTO) and Coppin State University (CSU), joined forces to celebrate Black History Month with “The Future of Business, Innovation, and Entrepreneurship” event held Feb. 12 in Baltimore.
The event, held at CSU, a Historical Black College and University (HBCU), offered a range of activities and speakers focused on entrepreneurship, business and innovation. There was also a student networking fair where regional minority business owners and federal agencies presented internship opportunities.
“It gives me great pleasure to participate in a Black History Month program at an HBCU, for I’m a proud graduate of Clark Atlanta University,” said Kimberly R. Marcus, MBDA’s Associate Director for the Office of Legislative, Education and Intergovernmental Affairs, and who served as the Masters of Ceremony for the event.
Created on February 18, 2015
InnovateHER is a cross-cutting women's business challenge to unearth innovative products and services that help impact and empower the lives of women and families.
We know that our workforce looks very different from 50 years ago. Women now make up nearly half of the labor force and play a critical role in our nation’s economic prosperity. Most children live in households where all parents work. And as our population ages, families are increasingly caring for aging parents while balancing the needs of work and home. As demands on women and families grow, the need for products and services that address unique challenges increases. This Challenge will provide that platform.
InnovateHER provides an opportunity for entrepreneurs to showcase products or services that have a measurable impact on the lives of women and families (30%), have the potential for commercialization (40%), and fill a need in the marketplace (30%).
Participants must be at least 18 years of age, U.S. citizens or permanent residents, and meet other requirements as defined in the Competition Rules .
How to Participate
InnovateHER’s first round goes live March 1st. Throughout the month of March, universities, accelerators, resource partners and other organizations will host local competitions. A month after going live, each host will select and submit one local winner to the U.S. Small Business Administration (SBA), who will then identify no more than 10 finalists. Finalists will make a live pitch to a panel of expert judges during National Small Business Week, May 4 – 8, 2015, in Washington, D.C. where they will compete for top three awards and prize money totaling $30,000.