On September 29, 2023, CHIPS for America unveiled its second funding opportunity, aimed at fortifying the resilience of the semiconductor supply chain, bolstering U.S. technological leadership, and fostering robust domestic semiconductor clusters.
This funding initiative is currently inviting project proposals centered around the construction, expansion, or modernization of commercial facilities for the production of cutting-edge, contemporary, and established-node semiconductors, provided the capital investment more than $20 million but does not exceed $300 million.
This funding opportunity is an extension of the Department's prior announcement in June 2023, wherein they broadened their financial backing to encompass more extensive supply chain initiatives. In February 2023 the Department of Commerce released its first funding opportunity tailored toward large scale supply chain projects that exceeded or equal the amount of $300 million of capital investment to incentivize investment in construction, expansion, or modernization of commercial facilities of semiconductor materials and manufacturing equipment facilities. As articulated in the initial press release to accompany this second funding opportunity for small scale supply chain projects, 'In alignment with President Biden's Investing in America agenda, the bipartisan CHIPS and Science Act incorporates incentives aimed at fortifying supply chains, aiding smaller ventures and enterprises, and fostering the creation of well-compensated employment opportunities within local communities nationwide.
Who can apply?
How to Apply?
When is the application period?
The application process includes two primary phases. In the first phase, applicants will be asked to submit a concept plan describing how their proposed project addresses core program priorities.
Additional Resources