Created on May 14, 2014
This post originally appeared on the Tradeology, the ITA Blog
Secretary Penny Pritzker announced NEI/NEXT – a data-based, customer service-driven initiative to ensure that more American businesses can fully capitalize on markets that are opening up around the world. Through five core objectives, NEI/NEXT will build on Administration-wide achievements under the National Export Initiative (NEI), to help all businesses reach the 95 percent of consumers who live outside the United States.
Under the NEI, the United States has had four straight record-breaking years of exports – hitting an all-time high of $2.3 trillion dollars last year – up $700 billion from 2009. The NEI has been instrumental in strengthening high-level commercial advocacy on behalf of U.S. companies, increasing small business participation in trade events, partnering with regions to develop export plans, expanding strategic partnerships to promote exports, implementing our trade agreements, enforcing U.S. trade rights, and driving the most ambitious trade agenda in a generation.
In a new economic report released today by the Department of Commerce, data shows that nearly one-third of the country’s economic growth since mid-2009 has been driven by exports. Nearly 30,000 businesses have started exporting for the first time. And most importantly, since 2009, the number of jobs supported by exports has grown by 1.6 million to more than 11.3 million – the highest in 20 years.
Created on May 12, 2014
During Asian American and Pacific Islander (AAPI) Heritage Month, we celebrate the accomplishments of Asian Americans, Native Hawaiians, and Pacific Islanders, and we reflect on the many ways they have enriched our Nation. Asian American and Pacific Islander entrepreneurs and businesses play a vital role in economic growth, job creation, and community revitalization.
This May, the theme for Asian Pacific American Heritage Month (APAHM) is “I Am Beyond.” The phrase captures the aspirations of the American spirit and how Americans of Asian and Pacific Islander descent have always sought to excel beyond the challenges that have limited equal opportunity in America. This year we want to amplify the AAPI voice and highlight the valuable impact the community has made as we go into the 37th year of this celebration of culture. Share your unique story using #IAMBEYOND on social media.
As part of National Small Business Week, the U.S. Small Business Administration (SBA) and co-sponsors will be hosting numerous training webinars and online events from May 12-15.
Making It Big: Small Biz Success in a Mobile World
When: 9 a.m. (EDT), Wednesday, May 14
Online: View live online at www.sba.gov/smallbusinessweek
Commerce in the Community: Opportunity Nation Works to Expand Economic Mobility and Promote a 21st Century Workforce
Created on May 5, 2014
Ed. Note: This post is part of the Commerce in the Community series highlighting the work of community leaders and organizations that are strengthening the middle class and providing ladders of opportunity for all Americans.
Below is an interview with Mark Edwards, Executive Director of Opportunity Nation, which he launched in 2011 with a coalition of more than 250 cross-sector partners. This post originally appeared on Commerce.gov
Q1: What is Opportunity Nation?
Opportunity Nation is a national, cross-sector campaign comprised of more than 300 businesses, educational institutions, nonprofits and civic organizations working together to expand economic mobility and close the opportunity gap in the US.
Our work is guided by the belief that the zip code where you are born should not determine your chances in life. If the ability to move up the ladder of opportunity grinds to a halt, we are in grave danger of losing the best of America.