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Displaying 1 - 25 of 83
Authored on

Census Bureau seeks comment on 2018-22 BRDS, to host webinar on 2017 ACS release

Thursday, August 30, 2018

The U.S. Census Bureau seeks comments on all aspects of the Business Research and Development Survey for the 2018-2022 releases. Collected in partnership with the National Science Foundation (NSF), the survey provides comprehensive data on Research and Development (R&D) costs and detailed expenses by type and industry. The U.S.

The U.S. Census Bureau seeks comments on all aspects of the Business Research and Development Survey for the 2018-2022 releases. Collected in partnership with the National Science Foundation (NSF), the survey provides comprehensive data on Research and Development (R&D) costs and detailed expenses by type and industry. The U.S. Census Bureau also announced that it would start collecting data about R&D on artificial intelligence and geographic detail of companies' R&D workforce in 2018.  For those interested in providing feedback, comments are due by October 23.

  • Read more about Census Bureau seeks comment on 2018-22 BRDS, to host webinar on 2017 ACS release

Commerce sets new, hands-off direction for department

Thursday, March 8, 2018

In a shift from its past economic development efforts, the U.S. Department of Commerce FY2018-2023 strategic plan would move the department to focus almost exclusively on being a commercial services entity. The plan’s points of emphasis are on streamlined permitting and regulations, with direct government activity primarily reserved for common good services — e.g., economic data, cybersecurity and IP protection.

  • Read more about Commerce sets new, hands-off direction for department

Commerce revives National Advisory Council on Innovation & Entrepreneurship

Thursday, May 26, 2022

Today, the U.S. Department of Commerce announced the appointment of 32 members to the National Advisory Council on Innovation & Entrepreneurship (NACIE). Individuals chosen from a pool of more than 260 nominees will be charged with helping to identify and recommend solutions to drive the innovation economy.

  • Read more about Commerce revives National Advisory Council on Innovation & Entrepreneurship

Commerce launches $100 million Capital Readiness Program for underserved entrepreneurs

Thursday, January 5, 2023

The U.S. Department of Commerce recently launched the Capital Readiness Program grant competition, which will provide $93.5 million to help minority and other underserved entrepreneurs grow and scale their businesses and be administered by the Minority Business Development Agency.

  • Read more about Commerce launches $100 million Capital Readiness Program for underserved entrepreneurs

$15M Solicitation for Regional Innovation Released

Thursday, September 4, 2014

The U.S. Department of Commerce released a solicitation (EDA-HDQ-OIE-2014-2004219) for Regional Innovation Grants via the 2014 Regional Innovation Strategies (RIS) program. Under the RIS program, Commerce is soliciting applications for three separate Regional Innovation Strategy funding awards, including:

  • Read more about $15M Solicitation for Regional Innovation Released

Over 1,600 Manufacturers Hold Activities in Honor of Manufacturing Day

Tuesday, October 7, 2014

Each year, the first Friday in October marks Manufacturing Day, a quasi-holiday where manufacturers nationwide open their doors to host open houses, tours, workshops, and other events to educate the public on the current state of American manufacturing. Although the phrase “American manufacturing” may conjure up images of oversized equipment or Rust Belt decay, the industry is, by many accounts, thriving. One of the highlights of this year’s Manufacturing Day was Jay Williams, the Assistant Secretary of Commerce for Economic Development’s announcement of a nearly $1.9 million EDA grant to Wichita State University in South Kansas to support advanced manufacturing, fueling the creation of 500 jobs and providing competitive advantage to the region’s transportation equipment manufacturing industry.

  • Read more about Over 1,600 Manufacturers Hold Activities in Honor of Manufacturing Day

Commerce Department Announces Members of Innovation and Entrepreneurship Council

Thursday, October 9, 2014

The U.S. Department of Commerce has released the names of the 27 individuals who will serve as the initial members of the National Advisory Council on Innovation and Entrepreneurship (NACIE). NACIE, which will begin work in December, will advise the secretary of Commerce on transformational policies to help communities, businesses and the American workforce become more globally competitive. Subcommittees will explore the council’s three main focus areas: entrepreneurship, innovation and job-driven skills training.

  • Read more about Commerce Department Announces Members of Innovation and Entrepreneurship Council

Applications for EDA Regional Innovation Solicitation Due Next Week

Thursday, October 30, 2014

November 3, 2014, is the last day to submit an application for FY14 grants through the Economic Development Administration’s Regional Innovation Strategies program.  The current solicitation includes three different types of awards: i6 Challenge grants, Science and Research Park Development Grants; and, Cluster Grants to support the development of seed capital funds.

  • Read more about Applications for EDA Regional Innovation Solicitation Due Next Week

EDA to Solicit Second Round of Funding to Establish Manufacturing Communities in ‘Coming Weeks’

Thursday, November 6, 2014

U.S. Secretary of Commerce Penny Pritzker announced the solicitation for the second round of the Investing in Manufacturing Communities Partnership (IMCP) will be released in the coming weeks. Through this federal funding competition, regions from across the country will compete to receive the designation of manufacturing communities and receive the financial and technical support of 11 federal agencies to achieve economic growth and job creation through manufacturing.

  • Read more about EDA to Solicit Second Round of Funding to Establish Manufacturing Communities in ‘Coming Weeks’

Commerce Searches for National Partner to Establish Network of Regional Jobs Talent Development Exchanges

Wednesday, November 19, 2014

The Economic Development Administration (EDA) is accepting proposals for a national partner to help coordinate the Accelerating Industry-led Regional Partnerships for Talent Development Program – a nationwide learning exchange that will focus on building critical regional partnerships to accelerate job-skills development across United States.

  • Read more about Commerce Searches for National Partner to Establish Network of Regional Jobs Talent Development Exchanges

Commerce Announces Next Round for Manufacturing Communities Competition

Thursday, January 29, 2015

The U.S. Department of Commerce announced a second round of the Investing in Manufacturing Communities Partnership (IMCP) competition. IMCP, a cross-agency initiative, coordinates federal investments behind long-term economic development strategies in manufacturing communities. The first four designee communities were announced in May 2014.

  • Read more about Commerce Announces Next Round for Manufacturing Communities Competition

Commerce Dept Names 26 Recipients of Regional Innovation Strategies Grants

Thursday, April 2, 2015

U.S. Secretary of Commerce Penny Pritzker announced the first 26 recipients of the 2014 Regional Innovation Strategies program grants. Managed by the Economic Development Administration, the Regional Innovation Strategies (RIS) program is designed to advance innovation and capacity-building activities in regions across the country through three different types of grants:

  • Read more about Commerce Dept Names 26 Recipients of Regional Innovation Strategies Grants

EDA Announces $10M for Innovation Capacity-Building Activities; SSTI to Host Free Webinar on 2015 RIS Competition

Thursday, August 6, 2015

Secretary of Commerce Penny Pritzker announced the launch of the Economic Development Administration's (EDA) 2015 Regional Innovation Strategies (RIS) Program competition to spur innovation capacity-building activities in regions across the nation. Under the 2015 announcement, SBA will commit $10 million for two funding opportunities.

  • Read more about EDA Announces $10M for Innovation Capacity-Building Activities; SSTI to Host Free Webinar on 2015 RIS Competition

EDA Announces $5M in Science and Research Park Development Grants

Thursday, May 28, 2015

This week, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced approximately $5 million in total funding for the 12 recipients of the 2014 Science and Research Park Development Grants, used for feasibility and planning for the construction or renovation of science or research parks.

  • Read more about EDA Announces $5M in Science and Research Park Development Grants

DOC, Aspen Institute Partner to Strengthen U.S. Workforce Development Efforts

Thursday, April 30, 2015

As a component of the U.S. Department of Commerce’s Skills for Business initiative, The Communities That Work Partnership is a new joint project aimed at accelerating industry-led workforce development and training efforts.

  • Read more about DOC, Aspen Institute Partner to Strengthen U.S. Workforce Development Efforts

Calls Increase for a National Innovation Agency

Wednesday, December 12, 2012

Two organizations have in recent weeks called on the United States to create a national federal office of innovation to help focus and concentrate innovation across the country.

  • Read more about Calls Increase for a National Innovation Agency

Online Tool to Help Practitioners Weigh, Assess and Communicate Investments

Wednesday, September 5, 2012

Borrowing from an industry sector phrase used to describe a complete view of investment impact, the Economic Development Administration (EDA) unveiled its new Triple Bottom Line tool to help economic development practitioners and investors assess, compare and communicate the potential impact of projects. EDA says the triple bottom line approach can help better align economic development investments with other community priorities to maximize impact.

  • Read more about Online Tool to Help Practitioners Weigh, Assess and Communicate Investments

EDA Grant Application Deadline Extended

Wednesday, September 12, 2012

The quarterly deadline for submitting grant applications to the Economic Development Administration's (EDA) Public Works and Economic Adjustment Assistance programs has been extended from Friday, September 14, 2012, to Thursday, September 20, 2012. This extension covers only the first funding cycle of FY13 and does not affect other EDA grant application deadlines. More information...

  • Read more about EDA Grant Application Deadline Extended

EDA Awards $3M to Three Cities for Economic Development Planning

Wednesday, September 26, 2012

The Department of Commerce announced the winners of the Strong Cities, Strong Communities (SC2) Challenge, the Economic Development Administration-led competition seeking to help cities and regions develop a comprehensive economic development strategy. Greensboro, North Carolina, Hartford, Connecticut, and Las Vegas, Nevada each were awarded $1 million to assist in the refinement and implementation of their respective plans.

  • Read more about EDA Awards $3M to Three Cities for Economic Development Planning

Specter of Budget Sequestration Looms Over November's Elections

Wednesday, October 3, 2012

Unless Congress and the White House take action by the end of the year, across-the-board spending reductions will go into effect for all federal agencies as a result of provisions in the Budget Control Act of 2011. The budget sequestration would reduce defense discretionary funding by 9.4 percent and non-defense funding by 8.2 percent from the 2011 baseline.

  • Read more about Specter of Budget Sequestration Looms Over November's Elections

White House Announces $40 Million Insourcing Challenge

Wednesday, October 3, 2012

The White House announced the Make it in America Challenge, a $40 million multi-agency initiative to help regions across the country provide the critical infrastructure, strategic planning, capacity building, technical assistance and workforce development resources necessary to foster insourcing by U.S. firms. Led by the Economic Development Administration, an interagency panel will make up to 16 awards to projects that encourage businesses to bring production back to or expand their operations in the United States.

  • Read more about White House Announces $40 Million Insourcing Challenge

$20M Awarded to 10 Public-Private Regional Partnerships Geared towards Advanced Manufacturing Initiatives

Wednesday, October 10, 2012

The Obama administration announced winners of the Advanced Manufacturing Jobs and Innovation Accelerator Challenge on Tuesday. The challenge — publicized earlier this year — is one of the key initiatives of the interagency Taskforce for the Advancement of Regional Innovation Clusters and is sponsored by a partnership between the U.S. Department of Commerce, the National Institute of Standards and Technology, the Departments of Energy and Labor, and the Small Business Administration.

  • Read more about $20M Awarded to 10 Public-Private Regional Partnerships Geared towards Advanced Manufacturing Initiatives

Obama Administration Commits $6M to New Economic Planning Pilot Challenge

Wednesday, June 20, 2012

The Economic Development Administration (EDA) announced the Strong Cities, Strong Communities (SC2) Pilot Challenge, a $6 million pilot initiative to assist economically challenged municipalities in creating long-term economic development plans. Under the SC2 initiative, the EDA will select six pilot communities from across the country. To be eligible for the SC2 initiative, the applicant must be a local government that meet all the economic distress criteria described in the announcement and has a current population of at least 100,000.

  • Read more about Obama Administration Commits $6M to New Economic Planning Pilot Challenge

EDA Announces Winners of $37M Clusters Initiative

Wednesday, September 21, 2011

The U.S. Economic Development Administration (EDA) announced the 20 winners of the $37 million Jobs and Innovation Accelerator Challenge. The multi-agency competition will support cluster-based, regional initiatives to spur job creation and economic growth. Descriptions of all 20 winning projects are available on the EDA site. Read the announcement...

  • Read more about EDA Announces Winners of $37M Clusters Initiative

Report Examines Economic Impact of IP in the U.S. Economy, USTPO Releases IP Assessment Tool

Wednesday, April 18, 2012

Intellectual property-intensive industries contribute approximately $5 Trillion to U.S. Economy and at least 40 million jobs, according to a new U.S. Patent and Trademark Office (USPTO) report — Intellectual Property and the U.S. Economy: Industries in Focus. The report highlights 75 industries that use several forms of intellectual property (IP) protections (i.e., patents, copyrights and trademarks) most extensively. Using several economic impact indicators, the authors found that these industries were key drivers of the U.S. economy in 2010 including:

  • Read more about Report Examines Economic Impact of IP in the U.S. Economy, USTPO Releases IP Assessment Tool

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