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Educational collaborations among universities create efficiency and can drive positive change in the world of higher education. The National Association for Equal Opportunity in Higher Education (NAFEO) and Amesite Inc. (NASDAQ: AMST) have recently announced a collaboration that the organizations hope will become a shining example of the benefits of such collaborations.

Amesite, a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, has submitted a response to the National Institute of Standards and Technology's request for information regarding the design of potential semiconductor and microelectronics innovation manufacturing institutes in the United States. The Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act is positioned to transform the US semiconductor industry by offering an array of supportive funding mechanisms, including new and expanded investments in STEM education and training from K-12 to community college, undergraduate, and graduate education.

Public-private partnerships and the leverage of multi-institution networks in higher education enable improved access to education more quickly than universities working singly because they bring together the resources, expertise, and networks of multiple organizations to support the development of high-quality education programs. PPPs and multi-institution networks can take many forms, such as joint ventures, shared services, and funding arrangements. These collaborations can help to leverage the resources of multiple institutions, which can support the delivery of education services more efficiently and effectively. Additionally, PPPs and multi-institution networks can also help to ensure that education programs are aligned with the needs of the economy and provide students with the skills they need to succeed in the workforce. By combining the strengths of multiple institutions, PPPs and multi-institution networks can help to improve the quality and accessibility of education programs, supporting the growth and development of communities and the broader economy.

With the recent collaboration with NAFEO, Amesite believes it is well-positioned to help fulfill the talent shortages and diversity challenges that the semiconductor industry faces today. "NAFEO's collaboration with Amesite will enable a large cohort of diverse persons to attain credentials in growth and high need disciplines, and equally as important, according to the Business Roundtable, new and/or different skills," commented NAFEO CEO and Attorney Lezli Baskerville."We are confident that we will be able to provide learning opportunities through the various funding sources that are becoming available, and excited to begin."