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Blog Category: Secretary of Commerce Penny Pritzker

U.S. Commerce Department Invests $2.8 Million to Foster Innovation in Louisiana and Massachusetts

U.S. Commerce Department Invests $2.8 Million to Foster Innovation in Louisiana and Massachusetts

U.S. Secretary of Commerce Penny Pritzker today announced $2.8 million in Economic Development Administration (EDA) investments to support projects that will foster innovation and entrepreneurship in Louisiana and Massachusetts.

“The Obama Administration and Commerce Department have prioritized supporting American innovation, which is the key driver of U.S. competitiveness, job growth and long-term economic growth,” said Secretary Pritzker. “The EDA investments announced today will support critical infrastructure and manufacturing projects that use innovation to help attract investment and create jobs in Louisiana and Massachusetts.”

The investments announced today include the following:

  • In Vidalia, Louisiana, EDA is investing $1.2 million to help construct the 5,700-square-foot Vidalia Technology Center that will function as an incubator to help entrepreneurs to compete globally and create viable employment opportunities in the region. The EDA grant will also support the building of a more robust high speed broadband infrastructure with alternative power sources. Given its relative isolation from major markets and employment hubs, this Mississippi Delta region town needs adequate Internet connectivity to better prepare for and respond to natural disasters. The increased access to broadband communication and back-up power sources will make both the public and business sectors more resilient and strengthen the speed of future recovery efforts.

Secretary of Commerce Penny Pritzker Highlights U.S. Commitment to Doing Business In Africa

Secretary Pritzker Joins Mayor Bloomberg and President Obama at the U.S.-Africa Business Forum

Yesterday, at the U.S.-Africa Business Forum, U.S. Secretary of Commerce Penny Pritzker highlighted a number of Commerce Department efforts to help more American businesses explore opportunities in Africa’s fast-growing markets. The Forum, focused on trade and investment opportunities on the continent, was part of President Obama’s three-day U.S.-Africa Leaders Summit, the largest event that any U.S. president has ever convened with African heads of state or government.

Co-hosted by the Department of Commerce and Bloomberg Philanthropies, the U.S.-Africa Business Forum was created to encourage greater U.S. investment in Africa, foster business deals, and help create jobs on both sides of the Atlantic. During remarks at the Forum, President Obama announced that U.S. businesses have already committed to investing $14 billion in clean energy, aviation, banking, and construction projects, among other commitments totaling more than $33 billion that support economic growth in Africa and thousands of U.S. jobs.

The Commerce Department leads the Doing Business in Africa (DBIA) campaign, which was launched in 2012 as part of the President Obama’s “U.S. Strategy Toward Sub-Saharan Africa.” DBIA aims to increase U.S. trade promotion to Africa, address market barriers, expand the availability of trade financing, and attract more American companies to explore sub-Saharan Africa trade and investment opportunities.

In an op-ed published by Forbes, Secretary Pritzker and Michael Bloomberg touted the business deals signed during the forum and made the case for Africa as a prime investment location. “We know what is possible when American companies work hand-in-hand with African counterparts: we can help raise living standards and pave the way for future growth.” One example of the benefits of these partnerships can be seen through IBM, who opened Africa’s first major commercial technology research lab in Kenya to pioneer consumer-facing innovations aimed at African markets. This forum was only the beginning, and highlighted American companies willingness to increase their economic partnerships and investment in Africa.

Secretary Pritzker Highlights the Work by the Commerce Department to Improve Trade and Investment with Africa at the Historic U.S.-Africa Business Forum

U.S. Secretary of Commerce Penny Pritzker delivered opening remarks at the U.S.-Africa Business Forum, a day focused on trade and investment opportunities on the continent. In her remarks, Secretary Pritzker stated that the U.S.-Africa economic relationship is fundamental to our mutual peace and prosperity. She discussed the work that the Commerce Department is doing to advance President Obama’s vision for the future of U.S.-Africa relations, including expanding the Foreign Commercial Service presence across the continent. She announced that the Department of Commerce and the U.S. Trade and Development Agency will lead 10 new trade missions to Africa and 10 reverse trade missions to the United States by 2020. She also announced the start of NIST’s Global Cities Challenge to catalyze the development of “smart cities,” as well as the launch of a new web portal for American businesses to explore opportunities in Africa. We want to make doing business in Africa easier for every business. Noting that increased trade and investment in Africa will spur growth on both sides of the Atlantic, Secretary Pritzker expressed her hope that the business and government leaders will keep the U.S.-Africa partnership open for more growth and success.

U.S. Secretary of Commerce Penny Pritzker Joins U.S.-India Strategic Dialogue

Secretary Penny Pritzker Joins U.S.-India Strategic Dialogue

On the final day of her visit to India, Secretary Pritzker and Secretary of State John Kerry met with Indian Prime Minister Narendra Modi to discuss opportunities for strengthening the U.S.-India commercial relationship. Their trip was the first U.S. Cabinet-level visit to New Delhi since Prime Minister Modi was elected.

Secretaries Kerry and Pritzker were in New Delhi for the U.S.-India Strategic Dialogue, which took place July 31. Launched in 2010, the U.S.-India Strategic Dialogue is the highest level regularly scheduled dialogue between the two governments and provides a forum to discuss U.S.-Indian relations. Secretary Pritzker led discussions aimed at strengthening the commercial and economic ties between the U.S. and India, focusing on ways the U.S. can collaborate with India’s new government to promote growth in both nations. Secretary Pritzker underscored the desire of U.S. firms to do more business in India, and discussed how U.S. businesses can collaborate with India in the areas of infrastructure and manufacturing to help the country meet its development goals.

While in New Delhi, Secretary Pritzker joined the AmCham Infrastructure Committee at a breakfast meeting focused on receiving U.S. industry feedback on the opportunities and challenges that they face in the Indian infrastructure sector.

Secretary Pritzker also met with several other Indian government officials, including her counterpart, Minister of State for Commerce and Industry Nirmala Sitharaman. During their discussion, Secretary Pritzker pressed forward on plans to create an infrastructure platform that will help U.S. firms serve as a partner on significant infrastructure projects in India. Secretary Pritzker also joined the Indian Minister of Finance, Defence, and Corporate Affairs Arun Jaitley for a joint bilateral meeting with Secretary Kerry. In addition, Secretary Pritzker met with Indian Minister of Power Piyush Goyal and discussed how American firms can use their capabilities and expertise to help India meet its ambitious energy-development goals.

NTIA Broadband Program Supports Workforce Preparation Across the United States

Las Vegas Urban League: Young visitors to the Doolittle Community Center use the free Internet access to work on school projects.

Cross blog post by Laura Breeden, program director for public computing and broadband adoption, National Telecommunications and Information Administration

Last week, President Obama signed the Workforce Innovation and Opportunity Act aimed at creating a more flexible and responsive system of workforce development to meet the needs of employers looking to fill 21st century jobs. Ensuring U.S. workers are able to compete and succeed is a key priority at the U.S. Commerce Department. Secretary of Commerce Penny Pritzker served on a task force with Vice President Biden that recently released a report looking at solutions for making the nation’s workforce and training system more job-driven, integrated and effective.

At the Commerce Department’s National Telecommunications and Information Administration (NTIA), workforce development is a priority of our broadband grant programs. Grant recipients have helped unemployed and under-employed people learn to use computers and the Internet for job searching, skill-building, resume development and networking. Today, in keeping with the Department’s commitment to helping match skilled workers with good jobs, we are releasing four case studies on employment-related impacts of our broadband projects. The reports, prepared by independent contractor ASR Analytics, examined the effectiveness of the more than $450 million in matching grants, provided under the American Recovery and Reinvestment Act of 2009, to establish or upgrade public computer centers and initiate innovative broadband adoption programs in underserved communities.

The first report focuses on Workforce West Virginia (WFWV). The agency is responsible for promoting employment and job growth in West Virginia, which has chronically high rates of poverty and unemployment. The grantee upgraded 19 workforce centers and 75 additional centers in locations such as libraries and veterans’ support organizations, with new computers and Wi-Fi. In addition to serving thousands of low-income and unemployed patrons each week, the WFWV centers experienced measurable productivity gains as a result of patrons’ ability to search for jobs, prepare resumes and practice computer skills more independently. This has allowed staff to spend more time focusing on specialized assistance. The high-speed network has also made intra-agency communication and technology management faster and more reliable.

U.S. Secretary of Commerce Penny Pritzker Makes First Official Trip to India for U.S.-India Strategic Dialogue

U.S. Secretary of Commerce Penny Pritzker Makes First Official Trip to India for U.S.-India Strategic Dialogue

The commercial relationship between United States and India has long stood as a core pillar of the alliance between our two countries. The United States is committed to reinvigorating ties with India and expanding our economic partnership.  That is why U.S. Secretary of Commerce Penny Pritzker traveled to India this week, where she joined U.S. Secretary of State John Kerry for the U.S.-India Strategic Dialogue in New Delhi. Their trip marks the first U.S. Cabinet-level visit to New Delhi since the new Indian government was elected. Earlier this week, Secretary Pritzker visited Mumbai for meetings with Indian business leaders to discuss new avenues to reinvigorate economic ties between our two nations.

While in Mumbai, Secretary Pritzker delivered remarks at an event hosted by the Confederation of Indian Industry (CII), focused on the U.S. commitment to partner with the newly-elected Indian government, especially in areas of infrastructure, manufacturing, and business investment. Founded over 115 years ago, CII is one of the most important business groups in India and plays an active role in India’s development process. 

As part of efforts to advance the U.S.-India economic partnership, Vinai Thummalapally and Chairman & Managing Director of Export-Import Bank of India Yaduvendra Mathur signed a Memorandum of Intent (MOI) between SelectUSA and the India’s Export-Import Bank. This MOI will encourage collaboration to attract Indian investment to the United States. SelectUSA is the first U.S. government-wide program to promote and facilitate business investment in the United States. Export-Import Bank of India directly supports Indian foreign direct investments abroad.  

The U.S. Partnerships and Initiatives Spurring Economic Growth in Africa

President Obama has called Africa “the world's next great economic success story.” According to the African Development Bank, Africa maintained an average GDP growth rate of 3.9 percent in 2013, exceeding the 3 percent rate for the global economy.  U.S. exports to the continent of Africa have grown 39 percent since 2009, reaching $50.2 billion in 2013. The brightest spot has been U.S. merchandise exports to sub-Saharan Africa, which have increased 58 percent since 2009.

Building on this progress, the Department of Commerce and Bloomberg Philanthropies are co-hosting the U.S. Africa Business Forum on August 5, a day focused on trade and investment opportunities on the continent. Part of the first-ever U.S.-Africa Leaders Summit taking place August 4-6, the Forum is part of the Administration’s efforts to explore Africa’s huge economic potential:

  • U.S. Strategy Toward Sub-Saharan Africa: In 2012, President Obama announced the U.S. Strategy Toward Sub-Saharan Africa, a comprehensive policy strategy to address the opportunities and challenges in Africa in a forward-looking way. The Strategy focuses on strengthening democratic institutions; spurring economic growth, trade, and investment; advancing peace and security; and promoting opportunity and development. 
  • Doing Business in Africa: As part of the Strategy, the Department of Commerce launched the Doing Business in Africa Campaign, which has helped U.S. businesses take advantage of the many export and investment opportunities in sub-Saharan Africa. As part of the campaign, Commerce has expanded trade promotion programs tailored toward Africa and dedicated an online Africa business portal directing businesses to federal resources.
  • Commercial Service expansion: To expand Commerce’s human resources footprint in Africa, Secretary Pritzker recently announced the opening of new U.S. Commercial Service offices across the continent. The U.S. Commercial Service helps U.S. businesses start exporting or increase sales to new global markets. By expanding its Commercial Service teams in Ghana, Kenya, Morocco, and Libya, and opening offices in Angola, Tanzania, Ethiopia, and Mozambique for the first time, the Department of Commerce hopes to help U.S. businesses find their next customer abroad and create jobs in Africa.

Commerce Joins Federal Partners to Present Job Training Programs Review

Commerce Joins Federal Partners to Present Job Training Programs Review

Guest Blog Post by U.S. Secretary of Commerce Penny Pritzker

A strong, skilled American workforce is essential to ensuring that U.S. businesses are able to compete in the global economy. In the 2014 State of the Union Address, President Obama asked that I join Vice President Biden, Secretary Perez, and Secretary Duncan to lead a review of federal training programs, to ensure that these programs prepare workers for the jobs that are available right now. On Tuesday we presented our findings and recommendations to the President at an event at the White House. President Obama also signed H.R. 803, the Workforce Innovation and Opportunity Act, which will help improve business engagement and accountability across federally-funded training programs.

As a business leader of 27 years, I know the importance of hiring skilled workers. In our “Open for Business Agenda,” the Department of Commerce is making workforce development a top priority for the first time ever. While the Department does not directly fund job training programs, many of our initiatives support efforts to match workers to local industry needs. The Economic Development Administration (EDA) and National Institute for Standards and Technology (NIST) in particular have taken significant leadership roles in the Department’s skilled workforce policy. For example, the Economic Development Administration (EDA) funds critical efforts that help communities address local economic needs, including workforce needs. In addition, the NIST Manufacturing Extension Partnership (MEP) works with manufacturers around the country to help them improve their processes and create and retain jobs.

Commerce is coordinating with other federal partners to leverage support for job-driven training initiatives. For example,  we are working in coordination with the Department of Labor (DOL) on their Center for Workforce & Industry Partnerships (CWIP), which will bring together key agencies across the federal government to support workforce and industry partnerships and form a common vision and approach to partnerships. To better align economic development and workforce development goals, EDA is working to develop stronger ties between EDA Regional Offices and Department of Labor (DOL) regional offices, and is incorporating job-driven training principles into its new Comprehensive Economic Development Strategies guidelines for economic development districts. Also, NIST MEP is working closely with DOL’s Registered Apprenticeships Program to spread awareness of their resources to common clients.  In fact, MEP and DOL co-hosted a webinar on these programs last week, and MEP helped DOL host an advanced manufacturing industry roundtable in Chicago last month to inform the upcoming solicitation for federal apprenticeship funding, one of the major announcements to come out of the Administration’s work on job-driven training.

We are also leveraging Commerce data to develop new tools for connecting job-seekers to available positions. Today, at the 21st Century Career Counseling Jobs Data Jam in Baltimore, Md., Under Secretary for Economic Affairs Mark Doms and Secretary of Labor Thomas Perez spoke with technology leaders and app developers to explore opportunities to use government data to help workers find jobs and training opportunities.

The Department of Commerce is leveraging our resources and will continue to collaborate with our other interagency partners, as well as businesses and educational institutions, to ensure that both workers and businesses get the best out of workforce skills programs. The report we presented on Tuesday offers a blueprint for our future actions to help more Americans climb the ladder of opportunity. 

Secretary Pritzker Underscores Importance of Innovation and American Manufacturing at Visit to Whirlpool Corporation

Secretary Pritzker receives a tour of the Whirlpool Corporate Headquarters by Chief Executive Officer Jeff Fettig

U.S. Secretary of Commerce Penny Pritzker discussed the importance of innovation and American manufacturing to the U.S. economy during a tour and panel discussion with business leaders and CEOs at the Whirlpool Corporation’s headquarters in Benton Harbor, Michigan. As the world’s leading global manufacturer and marketer of major home appliances, the Whirlpool Corporation has effectively  integrated innovative thinking into its core values and mission.

Speaking on a panel titled “The Global Innovation Forum,” and moderated by Doug Rothwell, Chief Executive Officer and President of the Business Leaders of Michigan, Secretary Pritzker explained that one of the key priorities of the Commerce Department’s “Open for Business Agenda” is to strengthen American innovation, with a focus on supporting manufacturing. Secretary Pritzker also highlighted how the Obama Administration and the Department of Commerce are spearheading three manufacturing initiatives to accomplish this objective.

First, Secretary Pritzker talked about the National Network for Manufacturing Innovation (NNMI), a bipartisan, industry-driven proposal to create a network of commercialization hubs owned and operated by universities and corporations. These hubs will conduct skills training and accelerate new technologies into the market, all aimed at benefiting a region’s manufacturing base, rather than just a single company.  In addition, Secretary Pritzker discussed the successes of the Investing in Manufacturing Communities Partnership (IMCP). IMCP is a federal designation that recognizes communities that should serve as models for the rest of the country – because they each have clear strategies to become magnets for manufacturing, along with coordinated efforts in key areas, like workforce training, supplier networks, research and innovation, infrastructure and site development, exporting, and access to capital. Recent research shows that communities who make these investments in a coordinated fashion experience higher growth in employment, wages, number of establishments, and number of patents.

U.S. Secretary of Commerce Penny Pritzker Talks About Efforts to Boost Exports in the Rural Delta

Secretary Pritzker promoting rural exports in Memphis

Exports are an important tool for economic development and job creation, which is why the Obama Administration has made increased exports a central pillar of its strategy for economic growth. With the recent launch of NEI/NEXT, the next phase of the successful National Export Initiative, U.S. Secretary of Commerce Pritzker has made it a priority to expand the U.S. export base and to help more American businesses of all sizes – including rural businesses – capitalize on opportunities in foreign markets.

As part of this effort, Secretary Pritzker traveled to Memphis, Tennessee Thursday to participate in the “Made in Rural America” Regional Forum, focused on boosting rural exports. Hosted by the Delta Regional Authority (DRA), the forum convened small business owners, industry representatives, business support organizations, and local, state, and federal leaders to discuss ways to help rural businesses grow and reach the 95% of customers that live outside our borders. Secretary Pritzker participated in an armchair discussion with DRA Federal Co-Chairman Chris Masingill and discussed how we can all work together to enhance opportunities for businesses in rural communities and how we can focus on ways to increase exports from the Delta region’s many businesses. Today’s forum is the second of five regional forums to be held across the country, aimed at helping local businesses integrate exports into their economic growth strategies.

At the Forum, Secretary Pritzker discussed the Commerce Department’s resources to help rural businesses compete in the global marketplace. The Commerce Department’s International Trade Administration (ITA) has trade specialists in more than 100 U.S. cities and over 70 countries worldwide to help companies take advantage of business opportunities abroad and connect them to trade events, foreign buyers, and other partners. In fact, about 85 percent of ITA’s clients are small and medium-sized businesses, and on average 38 percent are rural exporters.

Since the launch of the NEI in 2010, 1.6 million more Americans are earning a paycheck from an export-supported job, bringing the total to 11.3 million jobs – the highest in 20 years.