CHIPS Incentives Program

Objective

The CHIPS Incentives Program aims to catalyze long-term economically sustainable growth in the domestic semiconductor industry in support of U.S. economic and national security.

Who Can Apply

• Profit organization
• Private nonprofit institution/organization (includes institutions of higher education and hospitals)

An applicant must be a “covered entity.” A “covered entity” means a nonprofit entity; a private- sector entity; a consortium of private- sector entities; or a consortium of nonprofit, public-, and private- sector entities with a demonstrated ability to substantially finance, construct, expand, or modernize a facility relating to fabrication, assembly, testing, advanced packaging, production, or research and development of semiconductors, materials used to manufacture semiconductors, or semiconductor manufacturing equipment.

Assistance Types

• Direct Payments for Specified Use
• Direct Loans
• Guaranteed/Insured Loans

Program Contact

askchips@chips.gov
3019752000