How the Chips and Science Act Will Make Inclusive Innovation Possible

This policy brief analyzes the CHIPS and Science Act's potential to foster inclusive innovation within U.S. manufacturing and technology sectors. It underscores the Act's provisions aimed at enhancing the participation of historically Black colleges and universities (HBCUs) and minority-serving institutions (MSIs) in research and economic development initiatives. Additionally, it discusses the Act's support for programs like the Manufacturing Extension Partnership and Manufacturing USA, which are pivotal in expanding opportunities for diverse entrepreneurs in the semiconductor supply chain. The authors provide recommendations to ensure these initiatives effectively address existing equity gaps in the manufacturing and technology entrepreneurship landscape.