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  • Submitted on 12 September 2014

    The Department of Commerce announces the renewal of the Manufacturing Council (Council) and is currently seeking applications for appointment of up to 30 members of the Council for a two-year term to begin in December 2014. The Council advise the Secretary of Commerce on policies and programs that affect manufacturing, provide a forum to discuss and propose solutions to industry related problems, and ensure that the U.S. remains the top world destination for manufacturing in the world.

  • Submitted on 11 September 2014

    Created on September 11, 2014
     

    Cross blog post by John Thompson, Director, U.S. Census Bureau

    Business PeopleDid you know that there are 27.1 million non-farm businesses in America? The U.S. Census Bureau’s Survey of Business Owners and Self-Employed Persons provides the only comprehensive source of statistics about business ownership in the U.S. The Census Bureau conducts the SBO every five years. This is the first time the SBO is being conducted primarily online.

    If you own a business, such as a salon or a landscaping company, you may be one of the one million Americans selected to participate in the Survey of Business Owners. Even if you do not have employees other than yourself, we want to hear from you. By participating online now, you can help provide consistent, comparable, and comprehensive statistics on U.S. business performance. For example, the 2007 SBO showed us that 5.9 percent of responding firms reported income from e-commerce – an important insight into how the Internet is shaping our economy.

  • Submitted on 06 June 2014

    Created on June 6, 2014
     

    This post originally appeared on the White House AAPI Blog.

    Bill Imada is a member of the President’s Advisory Commission on Asian Americans and Pacific Islanders.

    More than 1.5 million businesses in the United States are owned by Asian Americans, Native Hawaiians and Pacific Islanders. These firms account for $508.6 billion in spending power nationwide and have resulted in the creation of more than 2.8 million jobs. A vast majority of these companies are small and are fueled almost exclusively on creatively, ingenuity, business innovation and an unparalleled level of entrepreneurial spirit that cannot be found anywhere else in the world.

    They include a robotics company designed to entice young people to consider careers in science, technology and engineering; a brick and mortar Boba tea shop that will introduce new flavors and customer enhancements to widen its appeal; a fashion design company that draws inspiration from the cultural diversity of America; and, a shoe designer who incorporates recycled and repurposed paper to create an environmentally friendly consumer product.

    On May 5, the White House Initiative on Asian Americans and Pacific Islanders (WHIAAPI) teamed up with the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) and the U.S. Small Business Administration (SBA) by holding a roundtable discussion to address some of the key issues facing business owners, entrepreneurs and corporate leaders in the greater Asian American and Pacific Islander (AAPI) community.

  • Submitted on 08 May 2014

    For Public Service Recognition Week 2014, several of our Commerce employees talk about what public service means to them.

    Download the video: video/mp4 iconCommerce Employees are proud to serve video

  • Submitted on 05 May 2014

    Created on May 5, 2014
     

    Mark EdwardsEd. 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.

  • Submitted on 10 April 2014

    Created on April 10, 2014
     

    Vinai Thummalapally, Executive Director, SelectUSAThis month, SelectUSA is really upping our game when it comes to online engagement around investment. We hope you’ll join the conversation on Twitter at #SelectUSA!

    Our colleagues across the Commerce Department will be sharing their thoughts on how innovation, data and hard work contribute to job creation. We’re collaborating with our friends at the State Department’s Economic & Business Affairs Bureau, as well as with our Commerce and State colleagues throughout the United States and globally at our embassies and consulates.

    But we’re not stopping with Commerce and State. We’re reaching out across the U.S. federal government through the Interagency Investment Working Group (IIWG), to more than twenty other agencies. (You can find all of our Commerce and IIWG twitter profiles here.)

  • Submitted on 31 December 2013

    Created on December 31, 2013
     

    Are you a small business owner with an amazing success story to tell?  If so, submit your nomination today for the 2014 National Small Business Week Awards.  Nominations are currently being accepted online at http://nationalsmallbusinessweek.sba.gov/.

    For more than 50 years, National Small Business Week has recognized the outstanding achievements of America’s small businesses for their contributions in their local communities, and to our nation’s economy. Winners will be announced during National Small Business Week – May 12-16, 2014.

    Last year, we honored small business owner John Stonecipher—CEO of Guidance Aviation—with the National Small Business Person of the Year Award. John turned his childhood fascination with airplanes into a successful business. Today Guidance Aviation has a staff of 55, fourteen aircrafts and a waiting list of students ready to take flight into their futures.

    Are you our next winner? Apply online today: http://nationalsmallbusinessweek.sba.gov/.

    In addition to the portal, nominations can also be sent directly to SBA District Offices, which can be located online at district offices.  All nominations must be submitted online, postmarked or hand delivered to the SBA no later than 11:59 p.m. ET on January 17, 2014.

  • Submitted on 22 November 2013

    Created on November 22, 2013
     

    BusinessUSAThat’s the core objective of BusinessUSA. Approaching two years since its launch in early 2012, BusinessUSA was created to provide businesses a better entryway into the host of programs and opportunities the federal government has to offer. Too often, interactions with the government are burdensome, frustrating, and confusing. BusinessUSA aims to fix that by providing a single point of access to those programs and resources relevant to business owners and exporters.

    It is BusinessUSA’s mission to ensure that potential and existing business owners have access to programs and opportunities that can help them grow and succeed. Agencies and Departments from across the federal government have collaborated on the site to ensure that users have access to many programs and resources they might not otherwise be able to find, as well as complementary resources from other providers. The site offers easy to use, step by step tools for starting or growing a business, starting or expanding exporting operations, getting disaster assistance, finding opportunities, and more. BusinessUSA is also a place business owners can go to get information about the new health care law.

  • Submitted on 18 November 2013

    Created on November 18, 2013

     

    I am pleased to invite you to the U.S. Securities and Exchange Commission’s (SEC) 2013 Government-Business Forum on Small Business Capital Formation to be held on Thursday, November 21, 2013, from 9:00 a.m. to 5:15 p.m., at our headquarters at 100 F Street, N.E., Washington, D.C. 20549.

    Similar to last year, the focus of this year’s forum will be The Jumpstart Our Business Startups (JOBS) Act, which was legislation enacted last year to encourage small business growth and startup funding by increasing the ability of small businesses to raise capital and by lessening certain regulatory requirements for individual investments in new businesses.  Under Title VII of the JOBS Act, the SEC is required to conduct outreach to inform several business communities, including minority-owned businesses and women-owned businesses, of the changes made by the Act.

  • Submitted on 03 July 2013

    Created on July 3, 2013
     

    Global InvestorsGlobal investors are “rediscovering” the United States.

    This week the consulting firm A.T. Kearney published its annual Foreign Direct Investment (FDI) Confidence Index. The Index surveys top executives from more than 300 leading global companies – representing more than $2 trillion in annual global revenue – on where they are directing their investment strategies. For the first time since 2001, the United States ranked #1 on this list, retaking the top spot!

    The Department of Commerce’s SelectUSA program has seen this trend coming through the work we conduct on a daily basis. Companies both large and small increasingly understand that the United States is the destination of choice for capital, and an unparalleled place to invest and do business.

    Markets such as Brazil, Canada, China, and Europe will continue to receive significant cross-border investment. However, the survey suggests that the resurgence of investment in American manufacturing is not just a temporary trend but the new reality.

Did you know...

Between 2002 and 2007, minority-owned firms outpaced the growth of non-minority firms in gross receipts, employment, and number of firms. Minority firms are an engine of job creation.
Graph for MBE Growth

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