This EDA investment supports the building central florida's semiconductor cluster for broad-based prosperity, led by the osceola county board of county commissioners, with boosting semiconductor…

This $16.4 million project grant from the Department of Commerce Economic Development Administration (EDA) under the Economic Adjustment Assistance (CFDA 11.307) program will support boosting the semiconductor industry cluster in Central Florida. Led by Osceola County, the funding will upgrade capabilities at the Center for Neovation Advanced Manufacturing facility to expand research and production. It will also align local education and training with needs of regional semiconductor manufacturers. Once implemented, the investment is intended to strengthen industry clusters, create good-paying jobs, and enhance U.S. competitiveness globally. Icamr, Inc. will deliver the specified products and services as a sub-awardee under this September 2022 grant, which has a projected completion date of January 2026.

This EDA investment supports the building central florida's semiconductor cluster for broad-based prosperity, led by the osceola county board of county commissioners, with boosting semiconductor industry in central florida by accelerating the growth of the specialized semiconductor cluster at neocity, a 5,000-area technology park developed in partnership with the state of florida. The coalition will upgrade the capabilities at the center for neovation advanced manufacturing facility, allowing IT to expand research and production. The coalition will also work to align local education and training programs with the needs of the region's semiconductor manufacturers. Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. Competitiveness globally.