2015 is off to a great start for International Economic Development Council (IEDC) and I am excited and honored to spend the next 12 months as the Chair of our Board of Directors. In this capacity, I will be traveling the globe and conferring with my fellow economic developers on many of the pressing issues and opportunities our profession is facing.
Last night, the American people heard President Obama deliver a strong and clear message in his State of the Union address: that America’s resurgence is real. In his sixth address to Congress, he noted that the economy is in the best shape since before the Great Recession.
Jobs, Jobs, and more Jobs. One role that we, as diplomats, play is that of business development. Why? Because of Shared Prosperity. Our economies are deeply intertwined so, a rising tide lifts all boats.
On Monday, Secretary Penny Pritzker participated in the Project Management Day of Service ScopeAthon as part of the Martin Luther King Day of service. Additionally, Deputy Secretary Bruce Andrews participated in City Year DC’s service project at Eastern Senior High School.
The MBDA Business Center-El Paso (Texas), operated by the El Paso Hispanic Chamber of Commerce, kicked off the New Year with its first Business Sunday Event at Destiny Family Christian Center this past weekend.
Many young men of color in this country live in poverty. In fact, minority children are 6 to 9 times more likely to be raised in areas of concentrated poverty. For most living below the poverty line, this gap in wealth creates a gap in opportunities that only grows as these children enter adulthood.
In order to help revitalize a struggling American economy in the post-Depression 1930s, the Rural Electrification Act called for a push to electrify rural areas. Connecting otherwise hard-to-reach communities through electricity and telephone services gave them the ability to more easily compete on both the national and global economic stage.
Over the past five years, we at NTIA have seen first-hand through our broadband grant program the power of broadband to transform lives and impact communities. Broadband has become a cornerstone of economic growth, providing Americans the tools they need to participate in the rapidly growing digital economy.