Next Street Launches Programs for Semiconductor Suppliers
News related to:Next Street · 2 min read
NEW YORK, NY, UNITED STATES, November 2, 2026 /CourierPR/ -- For Small Businesses With $2.4 million in philanthropic support, Next Street today announced two complementary initiatives designed to strengthen small business participation in America’s rapidly expanding industrial economy: Building America's Industrial Base, a national research series examining the trends shaping U.S. industrial supply chains, and PropelAZ and PropelNY, two regional Supplier Success Accelerator programs that prepare small businesses to compete for supply chain opportunities in those markets and broadly America’s semiconductor industry.
The new programs are a direct result of $2.4 million in philanthropic support from JPMorganChase and reflect a shared focus on helping small businesses access the resources and expertise needed to compete in America's critical industries. These businesses account for approximately 50% of U.S. industrial production and 75% of the supply chain, essential to broadly shared industrial growth. The semiconductor industry illustrates both the opportunity and the challenge. Arizona and New York account for nearly $590 billion in announced semiconductor investment, creating significant new demand across construction, manufacturing, facilities management, logistics, engineering, and professional services. Yet many small and mid-sized businesses must meet new technical and quality requirements, invest in equipment and facilities, develop specialized workforces, and establish buyer relationships before they can compete.
PropelAZ and PropelNY are currently underway, helping small businesses build the capabilities needed to compete for opportunities in the semiconductor industry. Combined, these programs are supporting more than 50 businesses critical to semiconductor supply chains, including construction, manufacturing, facilities, skilled trades, logistics, engineering, and professional services. Over the 15-week program, launched in late summer, participants receive approximately $6,000 in personalized advising from subject matter experts in the field, industry-focused training, and ongoing support to help them become contract-ready suppliers. The program also includes hands-on semiconductor cleanroom training and networking opportunities, with events in New York (October 26, November 2 and November 17) and Arizona (November 2).
The inaugural cohorts will continue through the end of 2026, with final supplier readiness assessments completed in early 2027.
By pairing national research with local implementation, Next Street is helping communities translate historic industrial investment into lasting economic opportunities for small businesses.
Next Street's Supplier Success Accelerator model translates the research into action by helping small and mid-sized businesses build the capabilities needed to compete in regional supply chains. In Arizona and New York, the model is being delivered through PropelAZ and PropelNY, two semiconductor-focused supplier programs tailored to each state's growing industry.
Together, the research series and Supplier Success Accelerator represent Next Street's integrated approach to strengthening supplier ecosystems, from identifying national trends to helping businesses build the capabilities needed to compete in regional industrial markets.