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Investing in communities and workers

Sustained, locally-driven investment in community assets needed by businesses will result in high-quality jobs, greater investments, and increased prosperity. We will support local efforts to create and implement viable strategies to build community and regional capacity for job growth.

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4th American Workforce Policy Advisory Board Meeting

Blog

Last week, Commerce Secretary Wilbur Ross joined Advisor to the President IvankaTrump in hosting the 4th meeting of the American Workforce Policy Advisory Board at the Indiana Women's Prison to highlight a workforce development program called “The Last Mile,” which teaches inmates coding skills.

“This is a very important initiative, not only from a workforce development point of view but from

Remarks by Secretary of Commerce Wilbur Ross at the 4th Meeting of the American Workforce Policy Advisory Board at the Indiana Women's Prison

Speeches
As we learned this morning, re-entry programs like The Last Mile should be replicated in every state in the country, particularly since there are 7 million jobs that remain vacant and need to be filled. Yet, even more important, is the need to create fulfilling career paths for the 2.3 million people locked up in state, local, and federal prisons and jails. Second-chance reentry and employment...

Op-Ed by Commerce Secretary Wilbur L. Ross: U.S. Has Much to Learn from Indiana’s Workforce Programs

Op-eds
This week, the American Workforce Policy Advisory Board is holding its quarterly meeting in Indianapolis, thanks to a kind invitation from Indiana Governor Eric Holcomb, a champion of Indiana’s workers and an important member of the Workforce Advisory Board. On Wednesday, the Advisory Board toured the Indianapolis Speedway to witness firsthand the ongoing importance of the Indy Car Series to the...

Since 2017, EDA Invests $341.9 Million in 236 Projects Across the U.S in or Near Opportunity Zones

Blog
The 2017 Tax Cuts and Jobs Act is two years old this week. A key element of the bipartisan bill is the Opportunity Zones initiative. Since January 2017, EDA has invested $341.9 million in 236 projects across the U.S in or near Opportunity Zones. An Opportunity Zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax...

Support Small Business on Small Business Saturday

Blog
The following is a cross-post from the Small Business Administration Saturday, November 30, 2019 is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. Every year since 1963, National Small Business Week has been recognizing the critical contributions of America’s entrepreneurs and small business owners. More than half of Americans...

EDA's Revolving Loan Fund Program Helps Turn a Chocolatier's Dream into Reality

Blog
EDA’s Revolving Loan Fund (RLF) program provides small businesses and entrepreneurs with the gap financing they need to start or expand their businesses. On October 12, Romeo Chocolates, LLC, celebrated the grand opening of its brick-and-mortar location in Long Beach, California. Founded in 2014, Romeo Chocolates is a micro-batch, artisanal confection line featuring world-sourced chocolate with...

Secretary Ross Announces Six Organizations in the Healthcare, Nonprofit and Education Sectors win Malcolm Baldrige National Quality Award

Blog
The U.S. Department of Commerce announced today that six organizations will be presented with the Malcolm Baldrige National Quality Award. Baldrige is the nation’s only presidential award for performance excellence, recognizing U.S. organizations and businesses that have shown an unceasing drive for innovative solutions to complex challenges, visionary leadership and operational excellence. “With...

Spotlight on Commerce: Jeffrey Burton, Administrative Director, Denver Regional Office, U.S. Economic Development Administration

Blog
Guest blog by Jeffrey Burton, Administrative Director, Denver Regional Office, U.S. Economic Development Administration As the Administrative Director for the Denver Regional Office of the Economic Development Administration (EDA), I am responsible for leading a team of dedicated professionals in empowering 100 Economic Development Districts across 10 western states in meeting the economic...

Spotlight on Commerce: Craig Buerstatte, Acting Director, Office of Innovation & Entrepreneurship, U.S. Economic Development Administration

Blog
Guest blog post by Craig Buerstatte, Acting Director, Office of Innovation & Entrepreneurship, U.S. Economic Development Administration As a young high schooler in a small Wisconsin town, I was fortunate to receive mentorship from an amazing group of community-focused Junior Reserve Officer Training Corps (JROTC) instructors. Their adventures of service and combat took them to places like Panama,...

Spotlight on Commerce: John C. Fleming, M.D., U.S. Assistant Secretary of Commerce for Economic Development

Blog
Guest blog post by John C. Fleming, M.D., U.S. Assistant Secretary of Commerce for Economic Development I am honored to serve the American people in the service of President Donald J. Trump and Secretary Wilbur Ross at the Economic Development Administration (EDA) as we work together to help drive private sector investment to our nation’s most distressed communities. Through the President’s...