Strategy includes key initiatives, timelines for funding notices, recommendations for successful applications Today, the U.S. Department of Commerce released its strategy outlining how the Department will implement $50 billion from the bipartisan CHIPS Act of 2022, signed by President Biden last month. The CHIPS for America program, housed within the Department’s National Institute of Standards...

Funding Provides Regional Investments to Transform Local Economies, Create Good-Paying Jobs, Jumpstart Emerging Industries, and Prepare Workforce for the Future WASHINGTON – Today, President Biden will announce the 21 winners of the $1 billion Build Back Better Regional Challenge , the most impactful regional economic development competition in decades. Funded by President Biden’s American Rescue...

Today, Secretary of Commerce Gina M. Raimondo met by phone with Robert Habeck, Vice Chancellor and Minister of Economic Affairs and Climate Action for Germany, to reaffirm the two nations’ longstanding trade partnership in clean energy, energy security, climate change, technology, the digital economy, and numerous other sectors. The two principals also discussed our shared response to Russia’s...

Report Details Public Recommendations for Supporting a Strong Domestic Semiconductor Industry As the U.S. Department of Commerce prepares to announce its high-level strategy for the $50 billion Creating Helpful Incentives to Produce Semiconductors (“CHIPS”) for America Fund, in the coming weeks, the agency today released a summary of responses to a Request for Information (RFI) on incentives...

More than $634 million awarded to 25 Tribal Entities in August The Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced $105,846,128.07 in grants awarded from the Internet for All initiative to five Tribal entities in Arizona. Secretary of Commerce Gina Raimondo announced the grants at an event at the Inter-Tribal Council of Arizona in Arizona. The...

Today, U.S. Secretary of Commerce Gina Raimondo announced the appointment of 15 business leaders to a new National Concrete Masonry Products Board, an industry-funded program devoted to research, education, and promotion of concrete masonry products. The program, fully funded by industry through assessments on the sale of its products, does not use taxpayer dollars. “I am thrilled to appoint a...

Today, Secretary of Commerce Gina Raimondo met virtually with Japan’s Trade Minister for Economy, Trade, and Industry (METI) Yasutoshi Nishimura to congratulate him on his recent appointment to the position. The two discussed the ongoing work and support for the Indo-Pacific Economic Framework for Prosperity (IPEF) and U.S.-Japan cooperation on common bilateral goals, under the Japan-U.S...

After the successful bipartisan passage of the CHIPS and Science Act of 2022 and bill signing by President Joseph R. Biden, the Commerce Department announced Thursday the launch of the CHIPS.gov website . This new online resource, which includes implementation priorities established in an Executive Order signed by the President , will inform the implementation of the program. “The Commerce...