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Blog Category: Businesses

India Trade Mission: Day 2 - Promoting U.S.-India Business Partnerships

Secretary Bryson rides New Delhi's new Metro Airport Express line

Secretary John Bryson promoted partnerships between U.S. and Indian businesses as he discussed the U.S.-India trade relationship during meetings with several Indian government officials in New Delhi today, the second day of his five-day trade mission to India.

“It’s clear that if American and Indian businesses work together, we can build India’s infrastructure in a way that brings inclusive growth, greater prosperity, and job creation in both countries,” Bryson said. “U.S. companies stand ready to help meet India’s infrastructure development objectives, provided our firms have market access for both goods and services.”

In the morning, Secretary Bryson gave remarks at a breakfast sponsored by the American Chamber of Commerce and U.S.-India Business Council. Bryson reaffirmed the U.S. commitment to working with the Indian government to level the playing field for U.S. firms, thereby helping to pave the way for more commercial collaborations.

Bryson and the delegation participated in a GEMS/infrastructure-focused GEMS hosted by the Indo-American Chamber of Commerce. The discussion focused on infrastructure procurement and investment opportunities in states and GEMS cities involved in the Delhi-Mumbai Industrial Corridor (DMIC) project. He said one of his most important goals this week is to gain a better understanding of the full commercial potential of India’s many regions. Bryson traveled to the airport on the new Metro Airport Express Line (photo)–an example of New Delhi's growing infrastructure sector–to fly to Jaipur, where he will see DMIC projects first hand.  Full release

NACIE Promotes Innovative Lab-to-Market Strategies to Spur Economic Growth

Erskine and Kappos at NACIE meeting

Guest blog post by Acting Assistant Secretary Matt Erskine, Economic Development Administration

Today I joined my colleagues, Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office David Kappos and Associate Director for Innovation and Industry Services at the National Institute of Standards and Technology Phillip Singerman, at a meeting of the National Advisory Council on Innovation and Entrepreneurship (NACIE) in New Orleans. The quarterly meeting of NACIE’s board coincided with local Entrepreneurship Week activities and brought together over 250 entrepreneurs, innovators and business leaders to discuss how we can best support them.

NACIE is a public-private partnership started by the Department of Commerce to provide guidance on how we can best support the growing businesses that will create the jobs and industries of the future. When I addressed the forum, I highlighted the Obama administration’s commitment to making investments in innovation and entrepreneurship including the recently announced $15 million Rural Jobs and Innovation Accelerator Challenge, which will boost rural innovation clusters and the soon-to-be-announced next round of the i6 challenge to reward innovative, groundbreaking ideas that accelerate technology commercialization.

Acting Secretary Blank Delivers Keynote Address at League of Wisconsin Municipalities Conference, Discusses American Jobs Act

Touring: Palermo President & Ceo Fallucca, Blank and Mayor Barrett

Blank also toured Palermo’s Pizza with Mayor Barrett and met with local business leaders as part of White House Business Council outreach effort

Acting U.S. Commerce Secretary Rebecca Blank traveled to Milwaukee today to deliver the keynote address at the 113th League of Wisconsin Municipalities Annual Conference to discuss the American Jobs Act–how it will spur economic growth, accelerate job creation and benefit Wisconsin.  The League is a nonprofit and nonpartisan association of cities and villages that serves as an information clearinghouse, advocacy organization and legal resource for Wisconsin municipalities; it is comprised of 190 cities and 392 villages.

At the Conference, Blank discussed details of President Obama’s American Jobs Act.  Blank highlighted the different ways the plan would make an immediate impact on job creation: cutting taxes for small businesses, putting more money in the pockets of consumers through an expanded payroll tax cut, and preventing the layoffs of teachers, firefighters and policemen, while putting construction workers to work through much-needed renovations to school, roads, rail and airports renovations. Blank underlined the need for Congress to act quickly on the bipartisan measures in the Jobs Act.

“Outside experts say the American Jobs Act would put nearly two million people to work, while putting more money in the pockets of workers and repairing infrastructure vital to enhancing America’s competitiveness,” Blank said. “It’s time for Democrats and Republicans in Congress to come together and swiftly pass the measures in the Jobs Act, which will put people back to work right away and put more money in the pockets of American families.”

Earlier in the day, Blank joined Milwaukee Mayor Tom Barrett on a tour at Palermo’s Pizza, a rapidly growing regional company that added almost 100 jobs last year and is leading the “Earn to Learn” program with the Mayor’s Office, which gives high school-aged youth a chance to develop marketable skills through direct work experience and training seminars.