Commerce Secretary John Bryson hosted the sixth meeting of the National Advisory Council on Innovation and Entrepreneurship (NACIE) today at the Commerce Department. The Council advises Bryson and the administration on key innovation and entrepreneurship issues and supports President Obama's innovation strategy by helping to develop policies that foster entrepreneurship and identify new ways to take great ideas from the lab to the marketplace to drive economic growth and job creation. Council members include successful entrepreneurs, investors, and university and non-profit leaders.
“Innovation and entrepreneurship fuel America’s economy. It’s what enables our businesses to create new products and services and generate good, well-paying jobs,” Bryson said today. “That is my foremost priority as Secretary of Commerce. I want the National Advisory Council on Innovation and Entrepreneurship to help this administration develop policies that support the innovation we need to keep the U.S. competitive.”
Bryson called on the NACIE council members to help develop policies that support the innovation needed to keep the U.S. competitive. Since its creation, NACIE has focused on key issues such as improving the commercialization of university research and access to capital to enable entrepreneurs and businesses to turn innovations into new products, new companies and new jobs. Bryson also wanted to discuss how the Department of Commerce can better leverage the expertise of the group and how to enable NACIE to take a broader role in public participation and thought leadership. Speech