Halfway through the CREC Policy Academy, teams from six states are making progress toward aligning state and regional activities and creating long-term sustainability.

In a recent Information Technology & Innovation Foundation (ITIF) webinar, representatives from Arizona, New York, and Texas highlighted the role states play in fostering the growth of the semiconductor industry.

Much like in a building, a strong foundation serves as an important base for structural change. Indeed, a sturdy foundation provides the support necessary to withstand powerful challenges and allow for process transformation and organizational growth.

A new report, The State Small Business Credit Initiative and Rebuilding the U.S. Manufacturing Base, discusses the sector’s revival and the importance of SSBCI in supporting its growth. CREC contributed to this report and this blog highlights some of the report’s key findings.