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Craig Buerstatte

Helping communities build economies for the future

Professional Background

Craig Buerstatte is an entrepreneurial public servant dedicated to fostering community growth and economic development. His career began in Iraq, where he demonstrated exemplary leadership by managing diverse teams of American Soldiers to establish critical supply lines and infrastructure in a dynamic wartime environment. This invaluable experience ignited his passion for entrepreneurship, leading him to Austin, Texas, where he immersed himself in the technology startup ecosystem. During his time in Austin, Craig made a significant impact on the local economy by helping to grow and invest in numerous technology startups, which not only created dozens of jobs but also contributed millions of dollars in economic impact to the region.

Upon returning to public service, Craig played a pivotal role in shaping America's economic recovery strategy in the aftermath of the Great Recession. As a visionary leader, he helped establish and scale the Office of Innovation & Entrepreneurship (OIE) at the U.S. Department of Commerce. Under his leadership, the OIE implemented programs designed to strengthen regional economies by supporting new startups, attracting venture capital, and creating the jobs of the future. Craig's passionate commitment to innovation and entrepreneurship has been essential in driving the economic recovery process forward.

Today, as the Deputy Assistant Secretary for Regional Affairs at the U.S. Economic Development Administration (EDA), Craig is at the forefront of community and economic development initiatives. He leads policies and programs that empower communities to harness the industries, technologies, and workforce of the future. With a keen understanding of the intersection between business and public service, Craig is thrilled to engage with like-minded individuals who share a vision for vibrant and resilient economic growth.

Education and Achievements

Craig Buerstatte is well-equipped for his roles in economic development and public service, having earned a Master of Business Administration (MBA) from the highly esteemed Fuqua School of Business at Duke University. This advanced education, combined with his Bachelor of Science (BS) in Economics from the prestigious United States Military Academy at West Point, has provided him with a robust theoretical and practical foundation in business and economics.

Craig's exceptional contributions to public service and economic development have earned him respect and recognition in his field. As the former Director of the Office of Innovation & Entrepreneurship, Craig laid the groundwork for future initiatives aimed at driving economic growth through innovation. Additionally, he served as Co-Chair of the Interagency Working Group for Making at the White House Office of Science and Technology Policy, where he helped shape policies that advance technological innovation and support entrepreneurship nationwide. His diverse experience extends to various organizations, including the Federal Innovation Council at the Partnership for Public Service, where he contributed to fostering innovation across federal agencies.

Achievements

Among Craig's numerous accomplishments in the realm of public service and economic development is his involvement in crafting and implementing key policies that enhance the entrepreneurial landscape in the United States. His strategic direction at the U.S. Economic Development Administration has facilitated the growth of various initiatives that promote community prosperity and economic resilience. Craig actively seeks to collaborate with stakeholders and community leaders, fostering an inclusive approach to economic development that addresses the unique needs of different regions.

Craig's dedication to creating impactful solutions doesn't stop at the national level; he has also been a driving force in local economic development initiatives in various capacities, such as his prior role at G-51 Capital and as a co-founder of The Phoundry. Furthermore, his military service as an officer in the U.S. Army, including his positions as Captain and Lieutenant, reflects his commitment to leadership and service, particularly in challenging environments.

In summary, Craig Buerstatte embodies the spirit of entrepreneurship and public service. His extensive experience in both fields uniquely positions him to make meaningful contributions to economic development in the United States. Through collaboration and innovative thinking, he is dedicated to building a brighter future for communities across the nation. Whether through mentoring burgeoning startups or advocating for policies that facilitate economic growth, Craig remains steadfast in his mission to empower individuals and drive positive change.

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Related Questions

What inspired Craig Buerstatte to transition from military service to entrepreneurship?
How did Craig Buerstatte leverage his experience in Iraq for his later career in economic development?
What specific initiatives has Craig Buerstatte implemented at the U.S. Economic Development Administration to foster regional growth?
In what ways has Craig Buerstatte contributed to the startup ecosystem in Austin, Texas?
How does Craig Buerstatte's education at Duke University and West Point influence his approach to public service?
What are Craig Buerstatte's visions for the future of economic development in the United States?
Craig Buerstatte
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Location

Washington, District Of Columbia