Web site maps out value proposition offered to firms located in the United States
SelectUSA is the Department of Commerce’s first-ever federal initiative to help attract, retain and expand business investment in the United States. It was created to showcase the United States as the world’s premier business location and to provide easy access to federal-level programs and services related to business investment. SelectUSA is designed to complement the activities of our states—the primary drivers of economic development in the United States.
In conjunction with the launch of BusinessUSA, the Department of Commerce is challenging app developers to find innovative ways to utilize Commerce and other publicly available data and information to create an application that supports businesses. Developers may choose the platform that best suits them. Applicants may design for the web, personal computer, mobile handheld device, or any platform broadly accessible to the open Internet. A list of developer-friendly data sets can be found on the Business Data and Tools page of Data.gov.
Obama administration launches online platform in response to requests from businesses for easy access to assistance at every stage of development
BusinessUSA is more than a web site; it’s a gateway for small businesses and exporters of all sizes to find information about available federal programs without having to waste time and resources navigating the federal bureaucracy.
BusinessUSA combines information and services from 10 different government agencies, including MBDA, through one consolidated website and coordinate telephone support through a single 1-800 number.
On Thursday March 22, 2012, by a vote of 73-26, the U.S. Senate passed a measure designed to assist small businesses raise capital. The JOBS (Jumpstart Our Business Startups) Act is a compilation of six legislative proposals aimed at addressing how small start-ups raise capital and revising certain disclosure requirements.
The JOBS Act contains provisions that would allow small businesses to raise capital in a number of different ways. One such way is removing restrictions imposed by the Securities and Exchange Commission (SEC) on crowdfunding. Under the JOBS Act, entrepreneurs can raise up to $1 million from investors before having to register with the SEC. It also allows small businesses to use advertisements to solicit investors. This was previously disallowed by the SEC beginning in 1982.
In his State of the Union address, President Obama laid out a blueprint for constructing an economy built to last -- an economy built on American manufacturing, American energy, and American ingenuity. An economy that’s built on making things the rest of the world wants to buy and where, if you work hard, you can earn a decent living.