Science and Technology
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Science and Technology
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Opportunities for HBCUs in CHIPS Place-based Tech Hub Investments


Published on 2024-12-10 00:42:18 - New America
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  • HBCU partnerships can bolster inclusive, place-based, tech-driven economic development efforts catalyzed by the CHIPS and Science Act.

The article from New America discusses the potential impact of the CHIPS and Science Act on Historically Black Colleges and Universities (HBCUs) through place-based tech hub investments. It highlights how the Act, signed into law in August 2022, aims to bolster U.S. semiconductor manufacturing, research, and development, with a significant portion of funding directed towards creating regional technology and innovation hubs. These hubs are intended to foster economic development in underserved communities, including those where many HBCUs are located. The article points out that HBCUs, which have been historically underfunded, could benefit from these investments by enhancing their research capabilities, attracting more federal and private funding, and developing partnerships with industry leaders. This could lead to increased opportunities for students in STEM fields, better facilities, and a stronger role in the national innovation ecosystem. However, the article also notes the challenges HBCUs face in accessing these funds due to systemic barriers and suggests that targeted support and policy adjustments are necessary to ensure these institutions can fully participate in and benefit from the tech hub initiatives.

Read the Full New America Article at:
[ https://www.newamerica.org/education-policy/edcentral/chips-place-based-tech-hub-investments-create-opportunities-for-hbcus/ ]

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