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

Thursday, September 21, 2023

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.

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

Biden Administration releases executive order regarding future of AI in the US including specific directions for DOE, NSF, DOC and SBA

Thursday, November 2, 2023

The Biden Administration issued an executive order earlier this week that provides guidance on the safe, secure, and trustworthy development and use of Artificial Intelligence (AI) in the U.S. The EO includes guidance for agencies to work to provide new opportunities for small businesses and entrepreneurs in AI and other directives.

  • Read more about Biden Administration releases executive order regarding future of AI in the US including specific directions for DOE, NSF, DOC and SBA

DoD hoping to build microelectronics ecosystem through innovation hubs, seeks public input

Thursday, March 3, 2022

The U.S. Department of Defense is envisioning a public private partnership of regional innovation hubs that would help support and expand the microelectronics industry in the United States.

The U.S. Department of Defense is envisioning a public private partnership of regional innovation hubs that would help support and expand the microelectronics industry in the United States. The Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) is seeking input from the domestic microelectronics community through a Request for Information it issued last week as it works to “foster a pipeline of innovation ideas and talent residing in university labs and small business R&D teams” through what it is calling a Microelectronics Commons.

  • Read more about DoD hoping to build microelectronics ecosystem through innovation hubs, seeks public input

Massive House innovation bill would fund semiconductor incentives, create tech hubs, NSF directorate

Thursday, January 27, 2022

Earlier this week, House Democrats released its version of a wide-ranging innovation policy bill.

  • Read more about Massive House innovation bill would fund semiconductor incentives, create tech hubs, NSF directorate

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Recent news from the SSTI Digest

Universities as architects of regional innovation ecosystems

Wednesday, July 8, 2026
Ask most university leaders how their institution contributes to the regional economy and the answer is likely to include research expenditures, patents, startups, and jobs. Those measures remain important, but they overlook one of the university's most valuable contributions. In today’s economy, where innovation, talent, and technology shape how regions grow, universities are helping communities adapt, connect, and compete.
regionalism
innovation

TBED programs succeed by engaging with local communities

Wednesday, July 8, 2026
When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
tbed

What to expect when you’re expecting (investment returns)

Wednesday, July 8, 2026
Following SSTI’s recent look at the timing and type of exits, we continue our look at investment activity to characterize returns on investments so that TBED investors can more accurately project and adjust program parameters to support long-term sustainability. Accurate data on venture capital investment returns and fund performance on private investment vehicles is not readily or consistently available. Anecdotal stories  and the occasional press release on a major transaction exist, but VC exits are often done quietly. As such, parties interested in understanding performance outcomes must rely on focused reports and other aggregate data. 
investing
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