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Press releases

Biden-Harris Administration Awards First Grants from Wireless Innovation Fund

Press releases
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...

Readout of Secretary Raimondo’s Meeting with Prime Minister of Mongolia Luvsannamsrain Oyun-Erdene

Press releases
Today, Secretary Gina Raimondo met with Mongolian Prime Minister Luvsannamsrain Oyun-Erdene to advance the trade and investment relationship between the United States and Mongolia. The leaders celebrated over three decades of close ties between the countries and outlined opportunities for future cooperation, particularly in the critical minerals and agricultural sectors. They also discussed the...

Biden- Harris Administration Announces Competition Winners for the Minority Business Development Agency’s Capital Readiness Program

Press releases
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...

U.S. Secretary of Commerce Gina Raimondo Announces Onshoring of Broadband Electronics Equipment

Press releases
Today, Vice President Kamala Harris and U.S. Secretary of Commerce Gina Raimondo traveled to Kenosha, WI, to celebrate the announcement of new electronics equipment production in the U.S. made possible by the Biden-Harris Administration’s “Investing in America” agenda. The Bipartisan Infrastructure Law requires the use of Made-in-America materials and products for federally funded infrastructure...

Department of Commerce and Department of Defense Sign Memorandum of Agreement to Strengthen U.S. Defense Industrial Base

Press releases
The United States Departments of Commerce (DoC) and Defense (DoD) have signed a Memorandum of Agreement (MOA) to expand collaboration to strengthen the U.S. semiconductor defense industrial base. The agreement will increase information sharing between the Departments to facilitate close coordination on the CHIPS for America’s incentives program, ensuring that their respective investments position...

Readout of Secretary Raimondo’s Meeting with National Secretary of Science Dr. Eduardo Ortega-Barria and Minister of Commerce and Industry Federico Alfaro

Press releases
Secretary Gina Raimondo met with Panama’s National Secretary of Science, Dr. Eduardo Ortega-Barria and Minister of Commerce and Industry Federico Alfaro to explore how to promote a competitive business environment that achieves social and economic goals. They highlighted opportunities for collaboration in the semiconductor sector to diversify and strengthen supply chains. The leaders also explored...

Readout of Secretary Raimondo’s Meeting with Panamanian President Laurentino Cortizo, Minister of Foreign Affairs Janaina Tewaney Mencomo, and Minister of Commerce and Industry Federico Alfaro

Press releases
PANAMA CITY – Today, Secretary Gina Raimondo met with Panamanian President Laurentino Cortizo, Minister of Foreign Affairs Janaina Tewaney Mencomo, and Minister of Commerce and Industry Federico Alfaro reaffirming our strong bilateral trade and economic ties. The Secretary thanked the President for his hospitality and expressed the importance of the U.S.-Panama relationship in advancing...

U.S. Departments of Commerce and Justice and the European Commission Reaffirm Shared Values, Welcome Finalized EU-U.S. Data Privacy Framework

Press releases
Attorney General Merrick B. Garland hosted Secretary of Commerce Gina Raimondo and European Commissioner for Justice Didier Reynders for a meeting at the Justice Department today marking the European Union (EU)’s recognition of the adequacy of the EU-U.S. Data Privacy Framework (DPF). “The DPF is a testament to the strength of the U.S.-EU relationship, and it reflects our joint commitment to...