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Entrepreneurship

On entrepreneurship, the Commerce Department already stands front and center in advancing several new initiatives to strengthen America’s place as the global economic leader. The Commerce Department participates in the annual Global Entrepreneurship Summit, where the world’s foremost innovators gather to exchange best practices, learn from their peers, and hear the stories of successful and inspiring business leaders.

America has the best ecosystem in the world for supporting new start-ups and business creators, and our entrepreneurial spirit is one of our greatest assets.

Related Content

Entrepreneurs

All Americans—regardless of race, gender, geography, or economic conditions—should have the opportunity to innovate and reap the rewards from innovation through entrepreneurship and commercialization. Whether running family restaurants or opening new factories, American entrepreneurs create businesses that are the heart and soul of our communities. "Our entrepreneurs are models of drive...

Minority Businesses Help Drive America’s Economic Success

Blog
Minority entrepreneurs make critical contributions to our economy generating nearly $2 trillion in revenue each year. However, an equity gap remains between minority and non-minority-owned businesses. Last week, Deputy Commerce Secretary Don Graves spoke about the need to close this equity gap at the 40 th Annual Minority Enterprise Development (MED) Week . Hosted by Commerce’s Minority Business...

Remarks by Deputy Secretary of Commerce Don Graves at Temple University Japan

Speeches
Thank you, Dean, for that kind introduction. Good morning, everyone! Ohayou Gozaimasu I am honored to be here at Temple University Japan – the first campus of an American university in Japan. This campus and the thousands of students who have passed through here are a testament to the kind of U.S.-Japan partnership between the United States and Japan that is as important today as it was four...

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...

Remarks by Deputy Secretary of Commerce Don Graves at the SMART Leadership Conference

Speeches
Thank you, Michael, for that introduction. Hello everyone! I couldn’t be more pleased to be here with you, General President Coleman, and all the dynamic and diverse SMART members gathered here today. The work of sheet metal, rail, and transportation workers is integral to our nation’s infrastructure. For more than a century, you have connected America to itself, from small rural towns to bustling...

Supporting our Military Community

Blog
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...

Remarks by Deputy Secretary of Commerce Don Graves Before Roundtable with Young Men of Color Small Business Owners and Entrepreneurs

Speeches
Good afternoon everyone. Thank you, Madam Vice President, for having me here today to join in this important conversation. Seeing all of the business owners here today, I am reminded of my own family’s story. I know firsthand that America’s road to prosperity runs through our minority business communities. My four-time great-grandparents, former slaves, built a successful horse and buggy taxi...

Secretary Raimondo Statement on Fiscal Year 2023 Appropriations

Press releases
U.S. Secretary of Commerce Gina Raimondo issued the following statement on the Fiscal Year 2023 appropriations for the U.S. Department of Commerce after President Joseph R. Biden, Jr. signed the Consolidated Appropriations Act, 2023 into law. “Once again, President Biden is showing that the United States government is capable of delivering on its promises to the American people and I congratulate...

Increasing Representation of Native Americans in STEM and Innovation

Blog
Joint blog by the U.S. Patent and Trademark Office and the Economic Development Administration This month, the U.S. Department of Commerce is celebrating Native American innovators and entrepreneurs. Agencies across the Department of Commerce, including the U.S. Patent and Trademark Office (USPTO) and Economic Development Administration (EDA), offer a number of tools and resources to support all...

Hispanic Heritage Month: Equity and Inclusivity for a Stronger Nation

Blog
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. And equity is at the core of our mission and underpins everything we do at the Commerce Department. This pursuit of equity is not just the right thing to do – it’s the right thing to do for our economy. America has over 4.7 million Latino...