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CHIPS and Science Act programs are writing a new story about the Rust Belt

The U.S. is beginning to roll out striking instances of place-based industrial policy—a good amount of it focused on federal investment in heartland geographies still making a spotty transition from their “old” industrial economy to a new tech-driven model.

  • John Austin and Mark Muro
  • Brookings

Most notable are the investments from the National Science Foundation’s (NSF) Regional Innovation Engines program and the Commerce Department’s Regional Technology and Innovation Hubs (Tech Hubs) program—each funded as part of last year’s bipartisan CHIPS and Science Act and financed by the…

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