Today, Secretary of Commerce Gina Raimondo met with Australian Minister for Foreign Affairs Penny Wong in New York City. During their meeting, the Secretary emphasized the importance of the United States’ and Australia’s partnership and shared interest in a free and open Indo-Pacific region. She and Minister Wong also discussed Australia’s current foreign policy priorities. Raimondo thanked Wong...

The U.S. Department of Commerce Minority Business Development Agency (MBDA) has extended awards for the Access to Capital Innovative Finance Grant to two projects that will address historical barriers faced by minority business enterprises (MBEs). Through potentially disruptive, scalable solutions, these projects will leverage non-traditional financial resources (such as non-bank lenders, minority...

Today, U.S. Secretary of Commerce Gina Raimondo met with Philippine Secretary of Trade and Industry Alfredo Pascual to follow up on the first official in-person Ministerial meeting of the Indo-Pacific Economic Framework for Prosperity (IPEF). Secretary Raimondo expressed her gratitude for the Philippine government’s collaborative involvement in the processes leading up to and emerging from the...

Thank you, Under Secretary Cravins, for that introduction. I’m thrilled to welcome you all to the Minority Business Development Agency’s National Minority Enterprise Development Week Conference. As a descendant of one of America’s first Black patent-holders, I know firsthand how important it is to support minority entrepreneurs, innovators, and businesses. America has nearly 10 million minority...

Thank you, David, for that introduction, and thank you to the Washington Center for Equitable Growth for inviting me to join you today. I also want to thank you for the research and advocacy you do to support broad-based economic growth. It aligns with our work at the Commerce Department, where we’re laser-focused on improving America’s competitiveness so that all our workers and companies can...

DOT Will Host Business Forum to Improve Access to Capital and Resources in the Bipartisan Infrastructure Law Today, the USDOT Office of Small and Disadvantaged Business Utilization (OSDBU), the U.S. Small Business Administration (SBA), and the U.S. Department of Commerce Minority Business Development Agency (MBDA) announced partnerships to help small and disadvantaged businesses access the...

Leadership team will guide implementation of historic semiconductor funding from CHIPS and Science Act of 2022 Today, the Biden-Harris Administration announced leadership for the newly-established CHIPS for America offices. These roles will be housed at the White House and the U.S. Department of Commerce. The announcements include executives experienced in large-scale program management, finance...

Thank you, Assistant Secretary Davidson, for that introduction, and for your incredible leadership at NTIA. As Secretary of Commerce, I have one overarching goal: improving America’s competitiveness so all our workers and companies can succeed in the global economy. That’s a major driver of our Internet For All Initiative. We won’t be a leader in the 21st-century global economy if millions of...