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 $11 million project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program will support efforts to boost Central Florida's semiconductor cluster through the University of Central Florida Research Foundation. Specifically, the foundation will use the funding to upgrade capabilities at the Center for Neovation Advanced Manufacturing facility, allowing it to expand research and production supporting the region's semiconductor manufacturers. It will also work to better align local education and training programs with industry needs. The investment is intended to strengthen industry clusters in Central Florida while creating good-paying jobs and enhancing U.S. competitiveness globally. The period of performance for these efforts is from September 8, 2022 through January 8, 2025.

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.