Erik Hosler on Why Workforce Development is Central to U.S. Advantage

Semiconductors have long been called the foundation of the digital age, but increasingly, it is people rather than silicon that define a nation’s technological edge. The U.S. semiconductor industry faces a paradox of record-breaking investment in fabs and packaging facilities, yet a shortage of skilled workers needed to operate them. Engineers, technicians, and materials scientists are in critically short supply, creating a bottleneck that money alone cannot solve. Erik Hosler, a strategist in emerging technologies, recognizes that the true competition is not only for capital or equipment but for human capability. His perspective highlights the urgency of cultivating a talent pipeline that can sustain U.S. leadership for decades.

The skills gap is not a new concern, but it has become acute as the U.S. accelerates efforts to reshore semiconductor capacity. The CHIPS and Science Act has unlocked billions in investment, yet without a workforce to match, new facilities risk …

Is a business plan key for business setup in Dubai?

Key Takeaways:

  • While not always legally mandated for initial licensing, a business plan is highly recommended and often crucial for a successful Business setup in Dubai.
  • Many Dubai Free Zones and even some mainland authorities do require a business plan as part of the application process, particularly for certain activities or higher visa allocations.
  • A well-structured business plan is almost always required by banks when opening a corporate account, and is essential for their Know Your Customer (KYC) and Anti-Money Laundering (AML) due diligence.
  • It serves as a strategic roadmap, providing clarity on your business model, market analysis, operational plan, and financial projections.
  • A strong business plan is indispensable for attracting investors and securing external funding in Dubai’s competitive market.

In the dynamic and competitive landscape of Dubai, where opportunities abound, the question “Is a business plan key for Business setup in Dubai?” receives an unequivocal ‘yes’. …