Morgan Stanley announced the launch of the U.S. Innovation Infrastructure Initiative to finance and support America’s next era of growth. In recognition of America’s recently celebrated 250th anniversary, the firm said it intends to facilitate approximately $1.5 trillion of capital raising, financing, advisory, and related investment activity over the next 10 years.

The initiative is designed to support clients building and scaling the companies, technologies, and infrastructure central to the economic and national security of the United States. Morgan Stanley said the effort reflects the delivery of its integrated firm model to clients by bringing together its advisory, capital markets, wealth management, and investment management capabilities to support clients across key stages of growth.

The announcement comes amid a wave of U.S. industrial policy momentum, including the CHIPS and Science Act and the Inflation Reduction Act, both signed into law in 2022, which have catalyzed hundreds of billions of dollars in domestic manufacturing, semiconductor, and clean energy investment. Major Wall Street institutions have been expanding their capital deployment commitments in parallel, with firms such as Goldman Sachs and JPMorgan Chase also outlining multi-year investment targets tied to infrastructure, technology, and energy transition financing.

For decades, Morgan Stanley has said it has played a role in helping American founders, companies, investors, and institutions access capital, evaluate strategic opportunities, and scale over time. Through this work, the firm said it supports businesses that drive economic growth, strengthen U.S. competitiveness globally, and advance technology and innovation.

“The United States is entering a period of significant investment and innovation across technology, infrastructure, and strategic industries. America’s 250th anniversary is an opportunity to look ahead and focus on the innovation and infrastructure that will shape the country’s next chapter,” said Dan Simkowitz, Co-President of Morgan Stanley. “Morgan Stanley has long supported clients as they build, finance, and grow important businesses. This initiative brings that impact together through a focused effort to support the companies, technologies, and platforms that are critical to America’s long-term economic strength and competitiveness.”

The U.S. Innovation Infrastructure Initiative will focus on three broad areas.

Innovation Platforms and Strategic Industries

Morgan Stanley said it will help clients build technologies and businesses across areas such as artificial intelligence, advanced computing and software, quantum, semiconductors, data infrastructure, cybersecurity, aerospace and defense technologies, pharmaceuticals, critical minerals, and sectors that are strategic to the reindustrialization of the United States.

Infrastructure for the Innovation Economy

The firm said it will facilitate the development and financing of the digital, physical, and energy infrastructure, as well as related critical supply chains, required for a more connected, compute-intensive, and energy-demanding economy.

Capital for Builders and Growth Companies

Morgan Stanley said it will provide capital markets, advisory, and investment capabilities to founders, entrepreneurs, and established companies as they move from formation and growth to scale, liquidity, public markets access, government funding, and long-term value creation.

The initiative will complement Morgan Stanley’s broader work with founders and growth companies, including private company research coverage, strategic convenings such as the firm’s Founders Summit, and client engagement across public and private markets.