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News and Announcements


  • Submitted on 20 January 2015

    President Barack Obama today announced the designation of a Presidential Delegation to La Paz, Bolivia to attend the Inauguration of His Excellency Evo Morales Ayma, President of the Plurinational State of Bolivia on January 21, 2015.

    The Honorable Tom Malinowski, Assistant Secretary of State for Democracy, Human Rights, and Labor, will lead the delegation.

    Members of the Presidential Delegation:

    Mr. Peter M. Brennan, Chargé d’Affaires to the Plurinational State of Bolivia, Department of State

    Ms. Alejandra Y. Castillo, National Director of the Minority Business Development Agency, Department of Commerce

  • Submitted on 16 January 2015

    The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending the Cuban Assets Control Regulations, 31 C.F.R. part 515 (the "CACR"), to implement policy changes announced by the President on December 17, 2014, to further engage and empower the Cuban people by facilitating authorized travel to Cuba by U.S. persons, certain authorized commerce, and the flow of information to, from and within Cuba.

  • Submitted on 25 November 2014

    Commerce’s Economic Development Administration Now Accepting Proposals for Coordinating Efforts to Identify, Promote, and Expand Best Practices for Industry-Driven Regional Job Training

    U.S. Secretary of Commerce Penny Pritzker announced that the U.S. Commerce Department’s Economic Development Administration (EDA) is accepting proposals for a national partner to help coordinate the Accelerating Industry-led Regional Partnerships for Talent Development ­­Program, a new learning exchange that will focus on building critical regional partnerships to accelerate job skills development across America.

  • Submitted on 06 November 2014

    At Discover Global Markets forum in Atlanta, Secretary Pritzker focuses on trade and investment opportunities in Sub-Saharan Africa

    U.S. Secretary of Commerce Penny Pritzker today announced the appointment of 15 private sector leaders to the newly established President’s Advisory Council on Doing Business in Africa (PAC-DBIA). PAC-DBIA members – representing small, medium, and large companies from a variety of industry sectors – were selected to advise the President, through the Secretary of Commerce, on strengthening commercial engagement between the United States and Africa.

  • Submitted on 03 November 2014

    Every year, our Nation pauses to reflect on the profound ways the First Americans have shaped our country's character and culture. The first stewards of our environment, early voices for the values that define our Nation, and models of government to our Founding Fathers -- American Indians and Alaska Natives helped build the very fabric of America. Today, their spirit and many contributions continue to enrich our communities and strengthen our country. During National Native American Heritage Month, we honor their legacy, and we recommit to strengthening our nation-to-nation partnerships.

  • Submitted on 03 November 2014

    Across our Nation, in laboratories and around kitchen tables, passionate and creative entrepreneurs are developing new sources of clean energy, cures for life-threatening diseases, and inventions that will transform the way we see the world.  America has always been a country of risk takers and dreamers -- where anyone who is willing to work hard can turn a good idea into a thriving business -- and our spirit of ingenuity remains a powerful engine of growth, creating jobs and bolstering our economy.  This month, we recognize the grit and determination of American inventors and innovators and their many contributions to our Nation, and we reaffirm our commitment to support these entrepreneurs as they develop the products, services, and ideas of tomorrow.
     

  • Submitted on 17 October 2014

    This Sunday, October 19, 2014, the U.S. Department of Commerce and the Small Business Administration (SBA) are launching Business Sunday, a program focused on promoting local economic growth and job creation by connecting religious congregations and communities with the valuable business development resources offered by the federal government.

    Business Sunday events, which will take place in cities and towns around the country, are primarily aimed at individuals looking to start or grow their business. Organized in partnership with local religious congregations and civic associations, these events include presentations from local experts from the Commerce Department’s Minority Business Development Agency (MBDA), SBA, and the Department of Health and Human Services on how to access important technical assistance, business counseling, loans and other practical resources. Following the event, attendees will have the opportunity to network and speak individually with the government staff.

  • Submitted on 07 October 2014

    Are you a small business owner with an amazing success story to tell?  If so, submit your nomination today for the 2015 National Small Business Week Awards. Nominations are currently being accepted online at http://awards.sba.gov.

    For more than 50 years, SBA 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 in May 2015.

    Last year, we honored husband-and-wife team Billy Taylor and Brook Harvey-Taylor, the founders of Pacifica which is based in Portland, Oregon as the National Small Business Persons of the Year. With Billy’s entrepreneurial spirit and Brook’s creative vision, the two founders started making candles in 1997. A bold change in the line of products from home fragrances to beauty and perfume products put Pacifica on a growth path to more than double their revenue over a five-year span, ending in 2014. Since 2010 they have managed to expand their staff each year and now have 110 employees.

  • Submitted on 17 September 2014

    Secretary PritzkerSecretary of Commerce Penny Pritzker addressed the urgent need to boost our companies’ economic competitiveness by bringing more women into corporate leadership at the Global Conference on Women in the Boardroom, hosted by the Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies (SAIS). 

    Pritzker noted that this pressing challenge of addressing the of a lack of women in corporate leadership is nothing new in American business. Female advancement in corporate America is stagnant. Women hold less than 5 percent of Fortune 500 CEO positions. Women hold less than 17 percent of board seats at Fortune 500 companies. And 10 percent of these companies have no women on their boards at all. 

    Women in corporate leadership roles is not solely a women’s issue. Secretary Pritzker argued that it is an issue of economic competitiveness and the presence of more women in the boardroom is critical to companies’ creativity, performance, and ability to thrive in the 21st century. Leadership with diverse and different backgrounds typically mean more creativity, fresh ideas, and better outcomes. 

  • Submitted on 16 September 2014

    Business OwnersToday America can boast its first black president, a growing minority middle class and a rising number of Hispanic, Asian and African-American millionaires and billionaires.

    But many minority-owned businesses still face significant challenges in competing in a marketplace where the odds were stacked against them for decades.

    Even today, many minorities lack access to capital to launch their businesses or allow them to grow and expand to the next level. And many also find it difficult to gain entry to public and private sector contracts.

 

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