Global Entrepreneurship Summit: Showcasing American Women in Business

By Christopher A. Garcia
Acting National Director
National Deputy Director
U.S. Department of Commerce
Minority Business Development Agency

November 28, 2017

Earlier this year, The President Trump and Indian Prime Minister Narendra Modi announced that the U.S. and India would co-host the 2017 Global Entrepreneurship Summit (GES) in Hyderabad City, India Nov. 28-30. The GES is an annual event that draws high-level investors, entrepreneurs and business leaders from around the world. It also provides phenomenal opportunities for professional networking, mentoring, and training intended to help entrepreneurs create new products and services that will transform the world we live in.

The 2017 theme, “Women First, Prosperity for All,” will spotlight the important role that women play in fostering global growth and prosperity.  Women leaders and business owners are critical to the economic development and success of our Nation in both the national and international marketplaces. America has more than 11 million women-owned businesses that employ nearly 9 million people and generate more than $1 trillion in revenue. First Daughter Ivanka Trump will lead the American delegation during this year’s summit. A live stream of select sessions can be viewed here.

Prior to my presidential appointment and joining the U.S. Department of Commerce, I was invited by The White House to speak at the GES in Nairobi, Kenya in 2015. In front of a crowd of more than 1,000 entrepreneurs from around the world, I discussed the importance of entrepreneurship in both developed and developing economies. It was a dynamic experience both personally and professionally, and I’m excited to be able to continue that work here at the Minority Business Development Agency (MBDA).

As an alumnus of the Global Entrepreneurship Summit, I’m proud to support both this year’s event and the White House’s efforts to expand opportunities for women entrepreneurs and empower American businesses. One of this Administration’s top priorities is ensuring that entrepreneurs have fair and equal access to the capital, markets, and networks they need to start their businesses, create innovative products and services, and export them around the world.  Through MBDA’s expansive network of strategic partners and stakeholders such as Essence Communications, Inc., Walker’s Legacy, National ACE, and The Latino Coalition, MBDA ensures that women of color have fair and equal access to business development resources and the technical expertise they need to grow their businesses all over the world.

As we close out National Entrepreneurship Month,let us recommit to seizing every opportunity available to showcase the best of America’s entrepreneurial spirit and promote home-grown ingenuity.

For more details on the GES, please visit https://www.ges2017.org/

U.S. Secretary of Commerce Penny Pritzker Announces 2016 National Export Strategy

December 22, 2016

Washington – Today, the U.S. Department of Commerce released the 2016 National Export Strategy (NES), a report that details the U.S. government’s efforts to help U.S. companies conduct business abroad. The document serves both as a review of results and as a path forward, highlighting how U.S. businesses and workers have benefited during the past eight years.

“Demonstrated through reports like the National Export Strategy, the U.S. government remains committed to supporting American businesses and jobs through trade opportunities,” said U.S. Secretary of Commerce Penny Pritzker. “More than 95 percent of global consumers and 80 percent of global purchasing power reside outside the United States. The strategy outlines the potential for American exporters to capitalize on these opportunities by selling their goods and services worldwide.”

The NES further describes in detail how U.S. trade promotion agencies assist companies to increase global sales, create local jobs, and therefore grow the American economy; and how these agencies provide American businesses with tools, services, and resources for every phase of the exporting journey. Under the National Export Initiative – NEI/NEXT, exports fueled a quarter of post-recession economic recovery. As of 2015, exports supported an estimated 11.5 million jobs in the United States, representing almost 10 percent of U.S. private-sector employment.

As detailed in the report, the five major areas that the U.S. Government will continue to focus on include:

  1. Connecting American businesses to the global consumer
  2. Making international shipments more streamlined and less expensive
  3. Expanding access to export finance
  4. Promoting exports and investment as a development priority for states and cities
  5. Opening additional markets and enforcing international trade rules and regulations

This strategy helps more U.S. companies sell their products and services worldwide to advance economic progress and promote job growth. Working together, can position America’s workers and businesses for continued success in an increasingly integrated global economy.

For more information on the National Export Strategy, please visit http://trade.gov/publications/abstracts/national-export-strategy-2016.asp.

Fact Sheet: Fiscal Year 2016 Refugee Admissions


Washington, DC
– The United States is taking the lead in meeting the unprecedented challenge of the global refugee crisis. At the Leaders’ Summit on Refugees in September, President Obama brought together world leaders on the margins of the UN General Assembly to galvanize additional humanitarian support, improve educational and access to lawful work for refugees, and expand opportunities for refugee resettlement.

The U.S. resettlement program serves refugees who are especially vulnerable; those who fled violence or persecution and cannot safely stay where they are or return home. It is the largest refugee resettlement program in the world. For each of the past several years the United States has offered 70,000 refugees new homes. In Fiscal Year 2016, President Obama set a new, more ambitious goal: resettling 85,000 refugees. Per the President’s goal, the American communities welcomed 84,995 refugees in Fiscal Year 2016.

The refugees admitted under the program come from 79 countries. Over 70 percent fled five countries: the Democratic Republic of the Congo, Syria, Burma, Iraq, and Somalia, where protracted conflicts have driven millions from their homes. Over 72 percent of the resettled refugees are women and children. Many are single mothers, survivors of torture, people who need urgent medical treatment, religious minorities, lesbian, gay, bisexual, transgender, or intersex (LGBTI) persons, or others imperiled by violence and persecution.

American communities have long been the bedrock of the United States Refugee Admissions Program. The Department of State is proud to work with partners in about 180 cities across 48 states, and that list is expanding in Fiscal Year 2017 as more American communities open their doors to refugees.

The safety and security of the American people is always the top priority. Refugees are screened more carefully than any other type of traveler. Screening includes the participation of the Department of Homeland Security, the FBI, the National Counterterrorism Center, the Departments of State and Defense as well as additional intelligence agencies.

Looking forward, the United States will welcome 110,000 refugees in Fiscal Year 2017. This is a 57 percent increase over FY 2015 and is consistent with the belief that all nations must do more to help the record number of innocent civilians who are uprooted, cast adrift, and desperate to find peace, safety and the chance to rebuild their lives.

Top 5 Countries of Origin

Democratic Republic of the Congo
Syria
Burma
Iraq
Somalia

Top 5 U.S. States welcoming refugees

California
Texas
New York
Michigan
Ohio