Why Amesite and NAFEO Believe They Have the Potential to Make Semiconductor Tech More Equitably Available
December 15, 2022

The collaboration between Amesite Inc. (NASDAQ: AMST) and the National Association for Equal Opportunity in Higher Education (NAFEO) has the potential to make semiconductor technology more equitably available. The Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act aims to transform the US semiconductor industry by offering a range of supportive funding mechanisms, including new and expanded investments in STEM education and training.

NAFEO's collaboration with Amesite could enable a large cohort of diverse individuals to attain credentials in growth and high-need disciplines, and to develop the work ethic and cultural mores that are the cornerstones of an HBCU education, including a strong sense of their limitless potential, even in the most competitive industries, such as the semiconductor industry.

Working together, Amesite and NAFEO have the ability to launch sophisticated technological programs in as little as 24 hours around the globe, and are targeting funding for HBCUs and PBIs to improve the diversity of the semiconductor workforce. The US semiconductor industry urgently needs to upskill and reach diverse talent, and leveraging a proven SaaS collaboration is the best way to do that.

Making tech education more equitable is good for the US economy because it can help to address the current skills gap in the technology sector. Providing more individuals with access to quality education and training in technology fields helps to ensure that there is a sufficient pool of qualified workers to meet the growing demand for these skills. This, in turn, can help to drive economic growth, as companies are able to innovate and expand more quickly with a well-trained workforce. In addition, providing equitable access to tech education can also help to promote diversity and inclusion within the technology industry, which can lead to better problem-solving, increased innovation, and improved economic performance. Ultimately, making tech education more equitable is not only the right thing to do, it is also good for the economy as a whole. Making semiconductor technology more equitably available is important for a number of reasons. It can help to level the playing field and ensure that all individuals, regardless of their background, have the opportunity to participate in the industry. It can also help to drive innovation and ensure that the semiconductor industry continues to thrive. By collaborating with NAFEO, Amesite is taking steps to make semiconductor technology more accessible and help create a more diverse and inclusive industry.