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Blog Category: Innovation

Secretary Locke Announces $5.25 Million Investment in Arkansas Job Creation, Economic Development

EDA seal.

U.S. Commerce Secretary Gary Locke, on his first official trip since taking office, presented $5.25 million in Economic Development Administration (EDA) grants to create jobs and strengthen the Arkansas economy in the wake of the severe storms, flooding and tornados that occurred in 2008. Locke was joined by Arkansas Gov. Mike Beebe and Sen. Mark Pryor.“The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation’s competitiveness,” Locke said. (Remarks)

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)

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)

BEA Sets Benchmark Highs in Organizational Assessment Survey

BEA logo.

The Commerce Department’s Bureau of Economic Analysis ranked highest among all federal agencies participating in the 2008 Organizational Assessment Survey, conducted by the Office of Personal Management. BEA achieved the highest scores ever recorded on the survey in six key areas, including leadership and quality, innovation, and performance measures. Among the 23 agencies involved in the latest survey of organizational climate, BEA scored above the median in all areas. BEA produces some of the world’s most closely-watched economic statistics, including U.S. Gross Domestic Product. (Organizational Assessment Survey). (Summary Sheet)