CHIPS for America is part of President Biden’s economic plan to invest in America, stimulate private sector investment, create good-paying jobs, make more in the United States, and revitalize communities left behind. CHIPS for America includes the CHIPS Program Office, responsible for manufacturing incentives, and the CHIPS Research and Development (R&D) Office, responsible for R&D programs. Both offices sit within the National Institute of Standards and Technology (NIST) at the Department of Commerce. NIST promotes U.S. innovation and industrial competitiveness by advancing measurement science, standards, and technology in ways that enhance economic security and improve our quality of life. NIST is uniquely positioned to successfully administer the CHIPS for America program because of the bureau’s strong relationships with U.S. industries, its deep understanding of the semiconductor ecosystem, and its reputation as fair and trusted.
Next Wednesday, August 9, 2023, CHIPS for America will mark the one-year anniversary of President Biden signing the bipartisan CHIPS and Science Act into law. CHIPS for America is a key part of President Biden’s Investing in America agenda to mobilize historic private investments in the United States, bring back manufacturing to our shores, and create good-paying jobs.
One year into implementation, communities across the country are already benefiting from the CHIPS and Science Act because the private sector is investing in America again. Under the Biden-Harris Administration, private companies are investing more than $230 billion in semiconductor manufacturing in the United States – rebuilding our supply chains and bringing economic opportunities to entire regions.
Below are some Key Dates for the CHIPS Program:
August 9: One-year anniversary of the CHIPS and Science Act being signed into law
September 1: The CHIPS Program Office will begin accepting pre-applications for large supply chain projects ($300 million and above)
October 23: The CHIPS Program Office will begin accepting full applications for large supply chain projects ($300 million and above)
Later This Year: The Department of Commerce and CHIPS for America will outline funding opportunities for smaller supply chain projects and commercial R&D facilities