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Economic Development U.S. Commerce Department

Womble Bond Dickinson

U.S. Government Designates 31 Tech Hubs to Bolster Innovation and Economic Development

Womble Bond Dickinson on

Earlier this week, the U.S. Economic Development Administration (EDA) within the U.S. Department of Commerce announced the designation of 31 technology hubs. These hubs span 32 states and Puerto Rico, with the goal of driving...more

Womble Bond Dickinson

BEAD Program to Drive Rural Broadband, Economic Development and Onshoring of Foreign Businesses in Key Southeastern States

Womble Bond Dickinson on

Providing fast, reliable broadband service in 2023 is every bit as important as providing electricity was in 1933 in rural America. Without high-quality broadband, rural areas (many of which already face economic challenges)...more

Goodwin

What Semiconductor Companies Need to Know: CHIPS Act and Eligibility Requirements

Goodwin on

The CHIPS Act, or Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act, is a signature piece of legislation that was signed into law in the United States in August 2022 to provide funding in support of the...more

Maynard Nexsen

The Buzz, An Economic Development Podcast | Episode 78: Harry Lightsey, South Carolina Secretary of Commerce

Maynard Nexsen on

Secretary Harry M. Lightsey III was appointed by Governor McMaster to serve as Secretary of Commerce in June of 2021. A fixture in South Carolina’s business community for decades, Lightsey is bringing his expertise and...more

Baker Donelson

EDA Publishes NOFOs Worth $3 Billion in American Rescue Plan Act Grants

Baker Donelson on

On July 22, 2021, the U.S. Economic Development Administration (EDA), a bureau within the U.S. Department of Commerce, announced that it will implement a series of programs, collectively called "Investing in America's...more

Womble Bond Dickinson

South Carolina Department of Revenue Announces Changes to County Tiers for 2020

Womble Bond Dickinson on

The South Carolina Department of Revenue has released the 2020 county tier rankings for all South Carolina counties. The rankings are reassessed each year and are determined in part by per capita income and unemployment rate...more

Jones Day

How Will New U.S. International Development Finance Corporation Help American Companies?

Jones Day on

The Situation: The U.S. government historically has lagged behind other countries in providing support to investors in developing and emerging markets. The Development: The Better Utilization of Investments Leading to...more

Holland & Knight LLP

FY 2019 Administration Budget Request

Holland & Knight LLP on

President Donald Trump on February 12, 2018, submitted his budget request to Congress for Fiscal Year (FY) 2019. The President's full budget calls for approximately $4.4 trillion in total spending. Much of the budget seeks...more

Nutter McClennen & Fish LLP

U.S. Commerce Department Releases Updated Report Showing Intellectual Property-Intensive Industries Contribute $6.6 Trillion and...

The U.S. Commerce Department recently released a comprehensive report, entitled “Intellectual Property and the U.S. Economy: 2016 Update” (the “Report”). The Report, which was co-authored by the Economics & Statistics...more

Dorsey & Whitney LLP

US China Trade War — Stock Market Crash, Presidential Trade Politics, Trade Policy, Customs, Antitrust and Securities

Dorsey & Whitney LLP on

The Chinese stock market crash and world- wide effect on stock markets around the World has created a crisis with day to day developments. The World Stock market crash stated on August 24, 2015 and went through to August...more

Robinson+Cole Manufacturing Law Blog

More Federal Money for Manufacturers

As reported by Industry Week, the U.S. Secretary of Commerce recently announced that 12 additional communities will receive designations under the Obama Administration’s Investing in Manufacturing Communities Partnership...more

King & Spalding

American Manufacturers See Increase In Orders

King & Spalding on

A report published by the U.S. Department of Commerce ("Commerce") in July stated that orders to U.S. factories rose in May. According to the report, the increase in orders was caused, in part, by increased business...more

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