U.S. DEPARTMENT OF COMMERCE (DOC)
Mission and Vision
The U.S. Department of Commerce promotes job creation, economic growth, sustainable development and improved standards of living for all Americans by working in partnership with businesses, universities, communities and our nation's workers. The department touches the daily lives of the American people in many ways, with a wide range of responsibilities in the areas of trade, economic development, technology, entrepreneurship and business development, environmental stewardship, and statistical research and analysis.
To drive U.S. competitiveness in the global marketplace, the Commerce Department works to strengthen the international economic position of the United States and facilitates global trade by opening up new markets for U.S. goods and services. Here at home, the Commerce Department promotes progressive business policies that help America's businesses and entrepreneurs and their communities grow and succeed. Cutting-edge science and technology at the department fosters innovation, and a focus on research and development that moves quickly from the lab to the marketplace generates progress and new 21st century opportunities. No matter where businesses are in their life cycle, whether just getting off the ground or looking to expand into overseas markets, the Commerce Department is singularly focused on making U.S. companies more innovative at home and more competitive abroad, so they can create jobs.
Grant Program Highlights
Economic Development Administration
As the only federal government agency focused exclusively on economic development, the U.S. Department of Commerce's Economic Development Administration (EDA) plays a critical role in fostering regional economic development efforts in communities across the nation. Through strategic investments that foster job creation and attract private investment, EDA supports development in economically distressed areas of the United States. Guided by the basic principle that communities must be empowered to develop and implement their own economic development and revitalization strategies, EDA works directly with local economic development officials to make grant investments that are well-defined, timely, and linked to a long-term, sustainable economic development strategy.
Market Development Cooperator Program
Market Development Cooperator Program (MDCP) awards include financial and technical assistance from the International Trade Administration (ITA) to support projects that enhance the global competitiveness of U.S. industries. An MDCP award establishes a partnership between ITA and non-profit industry groups such as trade associations and chambers of commerce. Such groups are particularly effective in reaching small- and medium-size enterprises. The non-profit groups compete for a limited number of MDCP awards by proposing innovative projects that generate exports that create or sustain U.S. jobs. Industry groups pledge to pay a minimum of two-thirds of the project cost and to sustain the project after the MDCP award period ends.
National Telecommunications & Information Administration Programs
National Telecommunications & Information Administration (NTIA) administers grant programs that further the deployment and use of broadband and other technologies in America, laying the groundwork for sustainable economic growth; improved education, public safety, and health care; and the advancement of other national priorities. The agency manages two broadband grant programs funded by the American Recovery and Reinvestment Act: the Broadband Technology Opportunities Program (BTOP) and the State Broadband Initiative (SBI) (formerly called the State Broadband Data and Development Grant Program). Through these programs, NTIA is overseeing an investment of approximately $4 billion in projects throughout the United States to support the deployment of broadband infrastructure, enhance and expand public computer centers, encourage sustainable adoption of broadband service, and promote statewide broadband planning and data collection activities.