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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

Commerce's USPTO Announces National Strategy to Empower Innovators and Entrepreneurs from All Communities

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New plan to increase diversity and participation in STEM, inventorship, and innovation The Commerce Department’s U.S. Patent and Trademark Office (USPTO) recently announced a new National Strategy for Inclusive Innovation to connect more Americans with resources to spur innovation and entrepreneurship. In conjunction with the agency’s work with the Council for Inclusive Innovation (CI 2 ), the...

Military Appreciation Month: Commerce’s USPTO Offers Intellectual Property and Entrepreneurship Resources for the Military Community

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Did you know U.S. veteran-owned businesses generate $1 trillion annually, employing 3.6 million people? As part of President Biden’s commitment to veterans, military families, and caregivers, the Commerce Department’s U.S. Patent and Trademark Office (USPTO) is at the forefront of providing intellectual property (IP) and entrepreneurship guidance to service members on active duty, military spouses...

Office of Faith-Based and Neighborhood Partnerships Hosted the National Chambers of Commerce Leaders Roundtable

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On April 4, 2023, the Department of Commerce Office of Faith-Based and Neighborhood Partnerships hosted a roundtable with National Chambers of Commerce leaders to streamline access to resources by unlocking whole of Commerce pathways to economic growth, entrepreneurship, and job creation. The conversation addressed critical opportunities on issues ranging from workforce development to access to...

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...