President Biden signed two Executive Orders to build a strong, fair, and inclusive workforce and economy by investing in communities historically denied equal opportunity. The Department of Commerce has developed the Business Diversity Principles (BDP) Initiative to encourage businesses to adopt best practices that promote economic growth in underserved communities through diversity, equity...

Hi, everyone. It’s an honor to join you today. I want to recognize Deputy Secretary Graves for the tremendous work he and his team have done to bring this event together and to develop Commerce’s Business Diversity Principles Initiative. At Commerce, our number one goal is to improve America’s competitiveness so our workers and companies can succeed in the global economy. We’re placing equity at...

Good afternoon, everyone. I’m excited to welcome you to the Department’s Third Annual Interagency Convening on Equitable Economic Growth. Today, this Equity Convening gathers us all here to engage in critical conversations about equitable economic development. I would like to especially thank Representatives Al Green and Emanuel Cleaver for joining us today, as well as Mayor Ed Gainey of...

Download the Business Diversity Principles Fact Sheet (PDF) The Department of Commerce is developing the Business Diversity Principles (BDP) Initiative as part of its 2022-2026 Strategic Plan goal of promoting inclusive capitalism and equitable economic growth for all Americans. The BDP Initiative aims to foster a more equitable economic landscape by encouraging businesses to learn from each other...