40th Secretary of
@CommerceGov
. Committed to helping American workers & businesses, creating good-paying jobs, and empowering a more equitable economy for all.
Because of President Biden’s leadership, we will once again design, manufacture, and produce the world’s most advanced leading-edge chips in United States.
The CHIPS Manufacturing USA institute focused on digital twins will help train the next generation of American workers and help make America a leader in developing this new technology for the semiconductor industry.
EDA has awarded $15.4 million to support economic development in Texas, South Carolina & Louisiana w/projects to support:
✅Clean energy
✅Water infrastructure & jobs
✅Semiconductor business growth
Award announcements:
#EconomicDevelopment
President Biden met with CEOs from a range of industries this week to discuss how his economic agenda is supporting businesses and workers.
@POTUS
will continue to work with business leaders to invest in America.
Digital twin technology can help to spark innovation in research, development and manufacturing of semiconductors across the country, but only if we invest in America’s understanding and ability of the new technology.
To secure our telecom supply chain, America & its allies need to build more innovative, affordable, & secure wireless equipment.
@POTUS
' Investing in America agenda is fueling the next generation of wireless innovation that will help ensure our national & economic security.
NEW:
@NTIAgov
will award up to $420M from the Wireless Innovation Fund. This new round of funding will drive commercialization and innovation in open radio units, a key entry point for wireless networks.
✅ Over 15 million jobs created
✅ Unemployment below 4% for a record 27 months
✅ 17 million new business applications
@POTUS
is leading the great American comeback.
During May, we celebrate Asian American, Native Hawaiian, and Pacific Islander Heritage Month. As we reflect on the rich history and culture of AA and NHPI communities, we continue our work to build an equitable economy that works for all Americans.
Happy
#AANHPIHeritageMonth
!
Join us as we celebrate the wonderful contributions of our colleagues and members of the
#AANHPI
community through employee spotlights and department events this May.
Happy
#WorldTradeMonth
! All throughout May, ITA is celebrating the power of
#trade
in spurring innovation, supporting diverse communities, bolstering economic growth, creating business opportunities, and so much more.
Learn more:
On Monday, I met with
@MTI_Sg
Singapore Minister Gan Kim Yong. We reaffirmed our commitment to advance bilateral & regional commercial cooperation through the 🇺🇸-🇸🇬 Partnership for Growth & Innovation and IPEF.
I chose Kenya for my first trip to Africa because of our strong relationship and the enormous potential for collaboration.
Our challenges, ambitions, and futures are linked.
And when we work together, we can create a prosperous and secure future for both the U.S. and Africa.
Thanks to President Biden’s Investing in America Agenda,
@CommerceGov
is making historic investments across the country.
We are doing everything we can to support small business owners and ensure they can take advantage of these monumental opportunities.
#NEWS
: Today, the Department of Commerce announced that more than half of its federal contract dollars were awarded to small businesses in Fiscal Year 2023, with a total investment of $2.8 billion in the small business economy.
#SmallBusinessWeek