supply chains

Initiative for a Competitive Inner City (ICIC) recommends policies to increase racial equity in manufacturing supply chains

Three pieces of federal legislation enacted in 2021 and 2022—the Infrastructure Investment and Jobs Act (IIJA), CHIPS and Science Act (CHIPS Act), and Inflation Reduction Act (IRA)—collectively authorize nearly $1.5 trillion to reshape America’s industrial landscape. But will this money help the 107 Black-owned and 151 Hispanic-owned companies in the manufacturing supply chains that the legislation is designed to support? 

Defense makes $238M CHIPS and Science Act awards for eight microelectronics regional innovation hubs

The Department of Defense announced yesterday that it issued $238 million from "Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act" funding for the establishment of eight Microelectronics Commons (Commons) regional innovation hubs. With $2 billion in funding for Fiscal Years 2023 through 2027, the Microelectronics Commons program aims to leverage these hubs to accelerate domestic hardware prototyping and "lab-to-fab" transition of semiconductor technologies. The hope is this will help mitigate supply chain risks and ultimately expedite access to the most cutting-edge microchips for U.S. troops.

National Semiconductor Economic Roadmap recommends over 100 initiatives to boost semiconductor industry

A recent report outlines over 100 initiatives that could boost the semiconductor industry. The Arizona Commerce Authority and Boston Consulting Group recently collaborated on a National Semiconductor Economic Roadmap (NSER) to advance semiconductor competitiveness in the United States. The report features input from over 80 industry leaders, education institutions, and public sector leaders across the nation to outline a 10-year, industry-led action plan for the semiconductor industry, focusing on infrastructure, supply chain, workforce, and entrepreneurship.

White House outlines new initiatives for innovation, manufacturing

To mark the anniversary of its executive order on supply chains, the White House released a fact sheet this morning outlining past and future actions to strengthen American competitiveness. The release includes several initiatives that have not been discussed widely before, including that: the Export-Import Bank of the U.S. will vote this spring on an initiative to finance exports of semiconductors, biotech and energy products; the 16 Manufacturing USA institutes will begin holding roundtables on scaling technology and promoting workforce initiatives; and, the Small Business Administration will institute a new committee of industry leaders to advise the agency on startups’ innovations and challenges, as well as host a new America’s Seed Fund (i.e. Small Business Innovation Research) Start-up Expo.

Recommendations outlined for building better supply chains, revitalizing manufacturing and fostering broad-based growth

The White House has released reviews from the Departments of Commerce, Energy, Defense, and Health and Human Services in response to the president’s Executive Order on “America’s Supply Chains.” Vulnerabilities in supply chains were assessed in four key product areas: semiconductor manufacturing and advanced packaging; large capacity batteries; critical mineral and materials; and, pharmaceuticals and advanced pharmaceutical ingredients. The report makes the case that more secure and resilient supply chains are essential to our national security and economic security, as well as technological leadership.

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