Yesterday, U.S. Secretary of Commerce Penny Pritzker participated in
the 4th Annual New Hampshire Business Day Luncheon, hosted by U.S.
Senator Jeanne Shaheen. The event, which brought together nearly 200 community
and small business leaders from New Hampshire, aimed to provide the business
community with information about the resources available to them through
federal programs and agencies. Secretary Pritzker was joined by Secretary of
State John Kerry, U.S. Trade Representative Michael Froman, Department of
Transportation Secretary Anthony Foxx, Department of the Interior Secretary
Sally Jewell, SBA Administrator Maria Contreras-Sweet, National Economic
Council Chairman Jason Furman, and FCC Chairman Tom Wheeler.
During the event, Secretary Pritzker shared her personal experience as
a business owner for more than 25 years. Secretary Pritzker also highlighted
U.S. Commerce Department tools and services available to New Hampshire
businesses to help them grow and thrive.
For example, the Commerce Department has prioritized helping more
businesses start exporting and expand their exports to new markets. Secretary
announced NEI/NEXT – the second phase of President Obama’s successful
National Export Initiative (NEI) to help all businesses reach the 95 percent of
consumers who live outside the United States. According to Commerce Data, an
estimated 23,000 good-paying jobs in New Hampshire are supported by U.S.
exports. NEI/NEXT will broaden and deepen the Department’s efforts to create an
export-oriented business culture in New Hampshire and across the country.
In her remarks, Secretary Pritzker also talked about the Commerce
Department’s efforts to support tourism, which is New Hampshire’s
second-largest industry. Secretary Pritzker highlighted the President’s steps
to increase the number of international travelers. International visitors
contributed $139 billion to the American economy in 2013 and the United States
has seen an increase of 15 million annual international travelers and this
growth has supported roughly 175,000 American jobs. This increase means the
United States is on target to attract a record 100 million international
travelers a year by 2021, meeting an ambitious challenge to the nation laid out
by President Obama two years ago.
The Commerce Department supports New Hampshire’s economic growth by
directly investing in their communities, as well. The Department’s Economic
Development Administration (EDA) provided
a $400,000 grant in 2011 to help build the newly opened Regional Economic
Development Center of Southern New Hampshire, which plans to house a business
incubator, lending institution, and a training facility that will bring 1,500 jobs
and $25.4 million in investment, according to the grantee.
The Manufacturing Extension Partnership in Concord, part of Commerce’s
National Institute of Standards and Technology (NIST), also provides resources
to New Hampshire manufacturers to deploy new technologies and reduce energy
costs, among others. And Commerce’s National Oceanic and Atmospheric
Administration’s (NOAA) Sea Grant College Program at the University of New
Hampshire helps encourage both conservation and economic growth along the
The Commerce Department is committed to continue
working to provide resources that help New Hampshire businesses create more
jobs, innovate, and compete in today’s global economy.