The magazine for alumni and friends of the UB School of Management
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Ready to get started? Contact us today: nysmarticorridor.com/get-connected STEP UP SEMICONDUCTOR TALENT AND EMPLOYER PARTNERSHIP UPSTATE NEW YORK About 14,000 new semiconductor-related job opportunities are expected to arrive in Upstate New York over the next decade. To meet this massive workforce demand and directly address talent needs and gaps, the NY SMART I-Corridor's employer-led STEP UP initiative is coordinating investments in training infrastructure, wraparound supports and inclusive access to high-quality manufacturing careers. HOW STEP UP HELPS BUSINESSES: Dedicated support: Direct access to the director of industry partnerships to help find, hire and retain skilled talent. Tailored solutions: Translation of specific hiring needs into training programs or upskill pathways in partnership with colleges, unions and community-based organizations Workforce intelligence: Real-time labor market data, skill maps and demand forecasts that drive smart business decisions. ON-RAMP opportunities: Employers may have the opportunity to be supported through co-design and piloting of new job-aligned training programs, pilot funding, wraparound services for talent retention (like childcare and transportation) and the launch of employer-led work-and-learn initiatives across the I-Corridor. WHY IT MAT TERS Meeting Demand Skilling thousands of local workers to fill vital middle-skill and construction roles expands existing and potential semiconductor supplier capacity. Building Resiliency A homegrown workforce fuels domestic semiconductor capacity and supply chain resilience, as well as strengthens talent pipelines. Jobs in the Community 5,000 middle-skill and 4,000 construction jobs will need to be filled, creating a local workforce that fuels domestic semiconductor capacity and resilience. C3 COMMERCIALIZATION AND COLLABORATION CENTER C3 is investing in businesses that push the boundaries of innovation. The $7 million NY THRIVE Innovation Voucher program, funded by the Economic Development Administration and New York State, enables companies to access a robust ecosystem of full-service fabrication facilities, advanced instrumentation, collaborative research opportunities and commercialization legal services. CONSULT THE C3 TEAM FOR CONSULTATION AND ASSISTANCE REGARDING: Innovation grants and vouchers State-of-the-art core facilities Specialized equipment Maker and prototyping services Intellectual assets Collaborative partnerships Commercialization support SUPPLY CHAIN OPPORTUNITY GUIDE 19