Yesterday, Secretary Raimondo met with the Advisory Committee on Supply Chain Competitiveness (ACSCC), the Secretary’s chief advisory body that provides recommendations to support U.S. supply chain and economic competitiveness and further the Biden-Harris Administration’s broader export, economic, and job growth goals. During the meeting, Secretary Raimondo thanked the ACSCC’s members for previous...

Today, U.S. Secretary of Commerce Gina Raimondo met with the Ambassador from the People’s Republic of China Xie Feng. They shared a productive discussion ahead of Secretary Raimondo’s upcoming trip to Beijing and Shanghai. Secretary Raimondo raised issues of importance to the United States and American businesses and workers and discussed issues relating to the U.S.- China commercial relationship...

Today, the U.S. Department of Commerce is celebrating the first anniversary of the historic CHIPS and Science Act. Signed into law by President Joe Biden, the law invests $50 billion to boost U.S. manufacturing, bring supply chains back to our shores, and protect national security. The CHIPS and Science Act will enhance the competitiveness of the American semiconductor industry to reduce reliance...

Receives 460 Statements of Interest from Companies Across 42 States to Manufacture Semiconductors in America One year ago today, President Biden signed the bipartisan CHIPS and Science Act as part of his Investing in America agenda. The Department of Commerce oversees $50 billion to revitalize the domestic semiconductor industry and bring supply chains back to the U.S., including $39 billion for...

Today, the Department of Commerce’s National Telecommunications and Information Administration (NTIA) awarded nearly $5.5 million in the first round of grants from the Public Wireless Supply Chain Innovation Fund. The $1.5 billion Wireless Innovation Fund supports the development of open and interoperable wireless networks as part of the Biden-Harris Administration’s Investing in America agenda...

The Capital Readiness Program represents the Commerce Department’s largest investment in support of underserved entrepreneurs. Today, Vice President Harris announced the recommended awardees for the MBDA Capital Readiness Program. The Capital Readiness Program is a $125 million technical assistance program to help underserved entrepreneurs grow and scale their businesses. Once final awards are...

Last week, Secretary of Commerce Gina Raimondo joined Under Secretary of Commerce for Intellectual Property and Director of the USPTO Kathi Vidal at Hanscom Air Force Base, Massachusetts, for an Entrepreneurship Essentials Workshop and Resource Fair. Over 100 military personnel, military spouses, and veterans attended in-person, with hundreds more online, as they heard from experts in business...

Yesterday, U.S. Commerce Secretary Gina Raimondo joined a virtual discussion with Handshake, the largest Gen Z jobs platform, and called on students of every level of education to pursue careers in the semiconductor manufacturing and related industries. Because of the need for chips and the current labor shortage in this critical industry, the Biden Administration remains committed to revitalizing...