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Blog Category: Development

Vice President Biden and Secretary Locke Outline Funding for Smart Grid Initiatives

Vice President Biden and Commerce Secretary Locke at podium. Click for larger image.

Vice President Joe Biden, on a visit to Jefferson City, Mo. with U.S. Commerce Secretary Gary Locke, detailed plans by the Department of Energy to develop a smart, strong and secure electrical grid, which will create new jobs and help deliver reliable power more effectively with less impact on the environment to customers across the nation. As part of the American Recovery and Reinvestment Act, the Vice President and Secretary outlined plans to distribute more than $3.3 billion in Smart Grid technology development grants and an additional $615 million for Smart Grid storage, monitoring and technology viability. (White House Release) (Secretary’s Remarks)

NIST Announces Three-Phase Plan for Smart Grid Standards, Paving Way for More Efficient, Reliable Electricity

Image of electricity-producing wind farm. Click for larger image.

Photo: Shutterstock

As part of the Obama Administration’s commitment to moving the nation toward energy independence, the U.S. Commerce Department’s National Institute of Standards and Technology (NIST) announced a three-phase plan to expedite development of key standards for a Smart Grid, a nationwide network that uses information technology to deliver electricity efficiently, reliably and securely. The recently passed American Recovery and Reinvestment Act (ARRA) contains investments critical to spurring the Smart Grid development process. The Smart Grid will allow wind farms to send their energy farther from their source. (More) (NIST Recovery Act Information)

U.S. Senate Confirms Gary Locke as Commerce Secretary

Photo of Gary Locke.

File Photo

The United States Senate confirmed Gary Locke as the nation’s 36th Commerce Secretary by unanimous consent. Secretary Locke will be a key member of President Obama’s economic team and will work to foster and promote American economic development at home, and will be an influential ambassador for American business and industry abroad. Locke is the first Chinese American to serve as Commerce Secretary. “I’m honored to take on this challenge and will work every day to make the Commerce Department an engine for improving our competitiveness, encouraging innovation and creating jobs,” Locke said. (More)

Commerce's EDA Announces $150 Million in Recovery Funds to Create Jobs and Boost Development in Areas Hit Hard by Recession

American Recovery and Reinvestment Act logo.

As part of the U.S. Commerce Department’s appropriation under the American Recovery and Reinvestment Act of 2009 recently signed by President Obama, the U.S. Economic Development Administration (EDA) announced the availability of $150 million to create jobs and boost development in parts of the country hit hard by the recession. The Federal Funding Opportunity notice, published in the Federal Register, may be viewed at: www.eda.gov/InvestmentsGrants/FFON.xml. (More)

Minority Business Development Agency Marks 40 Years Promoting Competitive Business Growth

MBDA logo.

Minority Business Development Agency (MBDA), an agency of the U.S. Department of Commerce, is celebrating four decades ofpromoting the establishment and growth of minority businesses. Throughout the year, the MBDA will be highlighting businesses that benefited from its programs and the people and communities it has impacted. MBDA’s Minority Business Blog (www.mbda.gov/blog) which launched in conjunction with the 40th anniversary will tell success stories of minority businesses, offer tips and business solutions for minority entrepreneurs, as well as communicate up-to-date information affecting the minority business community. (More) (Blog)

Economic Development Administration Excellence Awards 2009

Economic Development Administration seal.

Commerce’s Economic Development Administration’s (EDA) Excellence in Economic Development Awards 2009 recognize innovative economic development projects or strategies of national significance. The awards are designed to showcase best practices and highlight outstanding results. EDA is currently accepting entries for Excellence in Economic Development Awards 2009. The awards are commemorative and will be presented by senior officials from the U.S. Department of Commerce in ceremonies in the winners’ respective communities. Members of the winners’ congressional delegations will be invited to join in the award presentation. (More)

USPTO Seeks Nominees for National Medal of Technology and Innovation Award

Image of the National Medal of Technology and Innovation.

Commerce’s United States Patent and Trademark Office (USPTO) is seeking nominations for the highest honor for technological achievement, the National Medal of Technology and Innovation. The USPTO administers the NMTI program on behalf of the Secretary of Commerce. Honorees are chosen for their outstanding contributions to the nation’s economic, environmental and social well-being through the development and commercialization of technological products, processes and concepts; technological innovation; and development of the country’s technological manpower. The National Medal of Technology and Innovation was created by Congress in 1980. (More)