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Blog Category: Secretary of Commerce Penny Pritzker

MBDA Deputy Director Receives Hispanic Business Community Award

Photo of Castillo with event organizers

Cross-posted from MBDA.gov blog by Alberto Betancourt, Press Secretary

The Hispanic Heritage Foundation held their first Hispanic Business Community Awards celebration Oct. 23 at the Capital One Bank headquarters in McLean, Va. The awards recognized the impact of Latino business leaders on the Greater Washington, DC community.

Alejandra Y. Castillo, MBDA National Deputy Director, was one of five awardees honored at the event. Castillo received the Public Service Leadership award.

“I’m very honored to receive this award,” she said. “I have a rewarding job where every day I come to work and have the unique privilege of honoring my father. He emigrated from the Dominican Republic and started his own business. That’s what inspires me to help minority-owned companies grow their own business.”

U.S. Secretary of Commerce Penny Pritzker also congratulated Castillo on the recognition. MBDA blog

Secretary Pritzker meets with business leaders in New York City

Secretary Pritzker and her Chief of Staff, Bruce Andrews, Meet with Mayor Bloomberg in his City Hall Office

Today, U.S. Secretary of Commerce Penny Pritzker traveled to New York City for a series of events and meetings with business leaders from a variety of sectors. The trip also included a meeting with New York City Michael Bloomberg in his City Hall “bullpen.”

The Secretary’s first stop was to a give remarks at the Association for Better New York, a leading organization of business leaders dedicated to improving the quality of life for those that live and work in New York City and for those that visit. In her remarks, Secretary Pritzker discussed her message that America is “Open for Business” and the work that the Obama Administration and the Commerce Department are doing to help grow the economy and create jobs.

Next, Secretary Pritzker met with New York Mayor Michael Bloomberg in his City Hall office. The discussion focused on ways to improve skills training efforts, spur infrastructure, immigration reform, cities as key drivers of growth, and ways the Commerce Department and the City are collaborating to strengthen the economy and create jobs.

Finally, the Secretary participated in the fall dinner of G100, a private peer-learning community of current, future and recent chief executives of global companies. Secretary Pritzker talked about ways to create jobs, economic growth, immigration reform, and the need for putting an end to the manufactured crises in Washington.

Obama Administration Awards $20.5 Million In Make It In America Challenge Grants

Secretary of Commerce Penny Pritzker, along with U.S. Secretary of Labor Thomas E. Perez, and Delta Regional Authority Federal Co-Chairman Chris Masingill, today announced the 10 winners of the Make it in America Challenge, an Obama administration initiative to accelerate job creation and encourage business investment in the United States. The 10 grantees will receive a total of $20.5 million for projects supporting regional economic development, advanced skills training, greater supply chain access and other enhancements. The programs are designed to encourage U.S. companies to keep, expand or re-shore their manufacturing operations—and jobs—in America, and to entice foreign companies to build facilities and make their products here.

The Commerce Department’s Economic Development Administration (EDA), the Labor Department’sEmployment and Training Administration (ETA), and the Delta Regional Authority (DRA) are providing funding for the winning proposals. Additionally, Commerce’s National Institute of Standards and Technology Manufacturing Extension Partnership (NIST MEP) plans to make awards in early FY2014.

“Given our competitive advantages in energy costs, research and development, labor productivity, and intellectual property protection, there is no better place to do business than the United States," said U.S. Secretary of Commerce Penny Pritzker. The Make it in America Challenge grants support innovative, regionally-based strategies that will encourage businesses to capitalize on those advantages.”  Full release

Secretary of Commerce Penny Pritzker Discusses Tackling the Skills Gap

Secretary of Commerce Penny Pritzker, Secretary of Labor Tom Perez and National Economic Council Director Gene Sperling with members of the Business Leaders United for Workforce Partnerships

Millions of jobs have been created in the years since the recession ended, but many Americans are still out of work. In fact, there are about 4 million job openings right now, and yet about 4 million Americans have been job-searching more than 6 months. Many employers simply cannot find workers with the skills necessary to do the jobs available.

Business Leaders United for Workforce Partnerships (BLU) is working to address the skills mis-match by creating sector partnerships that align employers’ hiring needs with local and regional training systems.  Yesterday, Secretary of Commerce Penny Pritzker joined Secretary of Labor Tom Perez and National Economic Council Director Gene Sperling to speak to BLU about what the Administration is doing to invest in workforce skills training and to hear about ways employers are proactively developing partnerships to create a pipeline of skilled workers in their local areas.

Business leaders cited how their initiative, investments, and partnerships with local community colleges, Workforce Investment Boards, non-profits, and each other industry peers and others have reduced nursing shortages in Louisville; helped the long-term unemployed train for and gain employment in the financial services industry in southern California; and developed an electrical contracting apprenticeship program with 100% job placement in Tennessee. An export-oriented metal forming manufacturer in Minnesota described how he has worked with local community and technical colleges to create certificate programs to develop the skilled workforce the company needs.  

Manufacturing Award Grants Will Invite Lasting Investment for Our Communities

Guest blog post by U.S. Secretary of Commerce Penny Pritzker

This past spring, the Commerce Department launched the Investing in Manufacturing Communities Partnership (IMCP), a first-of-its-kind initiative to provide communities with the resources needed to create and implement development plans and recognize their full economic potential.

I’m so pleased to announce 26 grant award winners have been selected by the Department of Commerce. Along with our agency partners – the Department of Agriculture, the Environmental Protection Agency, and the Small Business Administration – we are awarding $7 million in grants and investments that comprise the first funding phase of the Investing in Manufacturing Communities Partnership.

The communities selected as winners by the Department of Commerce represent 17 different states. They have developed cutting-edge plans that capitalize on these communities' comparative advantages as a place to do business. These plans make investments in public goods, and encourage collaboration between multiple public and private entities to expand the area's commercial appeal to investors. In total, the first funding phase of the program provides 44 planning grants and investments.

The IMCP stemmed from the recognized need to effectively accelerate manufacturing investment in the United States. Too often, communities have relied on the practice of “smokestack chasing” to attract investment, in which communities will offer tax breaks and subsidies to attract the attention of a single firm. Economists have found this approach often yields a low return for taxpayer investment. The Obama administration seeks to encourage and assist American communities to not merely make efforts to attract individual investments but instead to transform themselves into manufacturing hubs that that draw all kinds of businesses.

U.S. Department of Commerce Invests Approximately $21 Million to Support Economic and Job Growth in Eleven States

Economic and Development Administration Seal

U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding $21.1 million in grants to support economic development projects in Alabama, California, Florida, Louisiana, Missouri, New York, Oklahoma, Pennsylvania, South Carolina, Texas, and Utah. The projects are expected to create more than 2,500 jobs and attract $505 million in private investment, according to grantee estimates.

The Obama administration is committed to supporting critical business infrastructure for growth and economic competitiveness. The EDA grants announced today will help implement economic development projects that aim to boost job creation and sustainable economies in 11 states throughout the country.   

The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth. Find more information on the $21.1 million in EDA investments announced today.

Secretary Pritzker Co-Chairs U.S.-Mexico High Level Economic Dialogue And Outlines Future Engagement

 Secretary Penny Pritzker speaking with the American Chamber of Commerce of Mexico alongside Ernesto M. Hernández, President & Director General of General Motors Mexico, and Jose Zozaya, President and Executive Representative, Kansas City Southern de Mexico

Today, in Mexico City, Secretary Penny Pritzker co-chaired the U.S.-Mexico High Level Economic Dialogue (HLED) along with her colleagues from the U.S. Department of State, Office of the U.S. Trade Representative and their Mexican counterparts. The goal of the HLED is to advance strategic economic and commercial priorities central to promoting mutual economic growth, job creation, and global competitiveness.

Specifically, the two countries discussed how to attract foreign direct investment, jointly promote travel and tourism, improve manufacturing within integrated supply chains, promote entrepreneurship, and provide 21st century workforce development. They will also work on improving transportation and telecommunications links and networks. The two countries will work collaboratively in regard to international institutions and negotiations, as well. During the proceedings, participants agreed on the HLED work plan, which are broadly defined under three pillars: Promoting Competitiveness and Connectivity; Fostering Economic Growth, Productivity, Entrepreneurship, and Innovation; and Partnering for Regional and Global Leadership.

After concluding the HLED, Secretary Pritzker spoke with the American Chamber of Commerce of Mexico and highlighted the results of the Dialogue. She recognized that the private sector, including small business, civil society, and labor organizations, is vital to building the U.S.-Mexico relationship and to drive mutual prosperity.

Secretary Pritzker Speaks to Rhode Island Business Owners at Senator Jack Reed’s Rhode Island Business Leaders Day

This afternoon, Secretary Penny Pritzker attended Senator Jack Reed’s Rhode Island Business Leaders Day to affirm that Rhode Island, and America as a whole, are open for business. She noted the role that the Department of the Commerce is playing in helping to fortify the state’s economy by strengthening manufacturing, increasing exports, and making critical infrastructure and economic development investments.

Through the local United States Export Assistance Center, the Department of Commerce is promoting Rhode Island’s exports. Nationwide, U.S. exports hit $2.2 trillion last year, supporting nearly 10 million good-paying jobs. In 2009, Rhode Island exports were just $1.5 billion.  But last year, they hit $2.4 billion – representing a 60% jump. International trade now supports approximately 130,000 jobs in the state.  And exports now support 17% of manufacturing workers in Rhode Island.  Today, Rhode Island has seen growth in export areas like chemicals, machinery, electronics, and textiles, in addition to its biggest export, scrap metal, which often leaves from the Port of Providence.

A recent example is the Warwick-based firm named Astro-Med. They asked the Commerce Department for help entering into new markets in Latin America. They contacted one of our aerospace specialists in our International Trade Administration’s Commercial Service, who helped connect them with Embraer. As a result, just two weeks ago they won a major contract for cockpit equipment from Embraer. This contract means jobs for Rhode Islanders.

Rhode Island Business Leaders Day is an annual event co-hosted by Senator Jack Reed and the Rhode Island Food Dealers Association. Invitees include Rhode Island business owners from the manufacturing, defense, services, and financial sectors, economic development officials, and state politicians. The event consists of speeches and question and answer sessions with members of Congress, cabinet officials and journalists.

Commerce’s NIST Awards Grants to Improve Online Security and Privacy

NIST Awards Grants to Improve Online Security and Privacy

The U.S. Department of Commerce's National Institute of Standards and Technology (NIST) announced more than $7 million in grants to support the National Strategy for Trusted Identities in Cyberspace (NSTIC).  The funding will enable five U.S. organizations to develop pilot identity protection and verification systems that offer consumers more privacy, security and convenience online.

These new pilots build on the successful launch of five NSTIC pilots awarded in 2012Launched by the Obama administration in 2011 and housed at NIST, NSTIC is an initiative that aims to support collaboration between the private sector, advocacy groups and public-sector agencies. The selected pilot proposals advance the NSTIC vision that individuals and organizations adopt secure, efficient, easy-to-use, and interoperable identity credentials to access online services in a way that promotes confidence, privacy, choice and innovation.

The grants announced today will support privacy-enhancing technologies that help make Internet transactions more secure, including better protection from fraud and identity theft, and are an important step toward giving American companies and consumers greater confidence in doing business online.  Release

Secretary Penny Pritzker Delivers Keynote Remarks at the U.S.-Saudi Business Opportunities Forum

 Secretary Penny Pritzker Delivers Keynote Remarks at the U.S.-Saudi Business Opportunities Forum

Today Secretary Penny Pritzker delivered keynote remarks at the U.S.-Saudi Business Opportunities Forum currently underway in Los Angeles, an event being hosted by the Saudi Committee for International Trade, the U.S.-Saudi Business Council, and the Saudi-U.S. Trade Group. The event brought together approximately 1,200 American and Saudi businesses, government officials, academics and opinion leaders to highlight the U.S.-Saudi commercial and trade relationship and inform participants about business opportunities in Saudi Arabia.

During her remarks, Secretary Pritzker noted that the United States and Saudi Arabia have a strong trade and investment relationship, and last year, trade between our two countries hit all-time record highs. Our bilateral trade is now triple what it was just a decade ago.

Secretary Pritzker also noted that the Commerce Department, over the past four years, has helped more than 450 U.S. companies export to Saudi Arabia for the first time. More such partnerships are expected as Saudi Arabia’s plans for infrastructure growth allow U.S. companies opportunities to team up to build strong and vibrant Saudi communities, she said.

Secretary Pritzker also met with staff from the Los Angeles U.S. Export Assistance Center, which is part of the Department of Commerce’s International Trade Administration (ITA). Her visit with USEAC employees was an opportunity to thank them for their work and part of her ongoing efforts to meet with Department of Commerce employees all over the country.