BRIDG’s Central Florida Semiconductor Innovation Engine at NeoCity has been designated as one of the ten Regional Innovation Engines by the National Science Foundation (NSF), according to Congressman Darren Soto. The NSF has allocated an initial funding of up to $15 million over two years for each of the selected Engines.
By establishing the Central Florida Semiconductor Innovation Engine, the aim is to cultivate a cutting-edge semiconductor technology innovation ecosystem, further bolstering America’s competitive edge in the field of semiconductor advanced packaging. This initiative is vital in ensuring the nation’s continued access to reliable and secure chips that underpin various aspects of the economy.
Rather than quoting Congressman Soto directly, it can be summarized that he expresses immense satisfaction with BRIDG receiving this significant investment from the NSF. He highlights the remarkable growth of NeoCity in Osceola County, which has become a thriving hub for innovative technologies within a relatively short period. Congressman Soto praises the economic opportunities generated, such as the creation of high-paying local jobs, partnerships with global leaders like South Korea, and groundbreaking discoveries that solidify the United States’ position as a technology leader in the 21st century.
The NSF’s substantial investment of $150 million across the ten selected regions has now been amplified by additional commitments from state and local governments, federal agencies, philanthropic organizations, and the private sector, ultimately resulting in a total contribution of nearly $300 million. Teams that exhibit progress towards pre-established milestones could potentially receive up to $160 million each over a span of ten years from the NSF. This funding aims to stimulate further investments in the respective regions.
Cheryl Grieb, the Chair of the Osceola County Commission, emphasizes that securing a grant from the NSF represents not only a financial endorsement but also signifies Osceola County’s unwavering dedication to progress and innovation. Grieb believes that these achievements will shape the future of the county, positioning it as a pivotal center for cutting-edge research, technological advancements, and the development of a skilled workforce.
Dr. John Allgair, the Chief Technology Officer and interim president for BRIDG, expresses gratitude for leading the NSF Engines program in Central Florida. BRIDG, as the first company to commence business operations in NeoCity, is committed to inclusive regional economic development focused on semiconductor advanced packaging of microelectronic systems. Dr. Allgair looks forward to collaborating closely with partners to foster growth and establish an all-encompassing regional semiconductor manufacturing and microelectronics systems industrial base.
FAQ Section: Central Florida Semiconductor Innovation Engine at NeoCity
1. What is the Central Florida Semiconductor Innovation Engine at NeoCity?
The Central Florida Semiconductor Innovation Engine at NeoCity is a designated regional innovation engine by the National Science Foundation (NSF). It aims to cultivate a cutting-edge semiconductor technology innovation ecosystem, strengthening America’s competitive edge in the field of semiconductor advanced packaging.
2. Why is this initiative important?
This initiative is crucial in ensuring the nation’s continued access to reliable and secure chips that underpin various aspects of the economy. It supports the growth and development of innovative technologies, economic opportunities, and high-paying jobs in the region.
3. How much funding has the NSF allocated to the selected engines?
The NSF has initially provided up to $15 million over two years for each of the selected engines. The total investment from the NSF across the ten selected regions amounts to $150 million.
4. Are there additional sources of funding for the Central Florida Semiconductor Innovation Engine?
Yes, the NSF’s investment of $150 million has been supplemented by commitments from state and local governments, federal agencies, philanthropic organizations, and the private sector. The total contribution is estimated to be nearly $300 million.
5. What benefits does Osceola County expect from this grant from the NSF?
Osceola County sees the grant from the NSF as both a financial endorsement and a sign of the county’s dedication to progress and innovation. It expects the achievements to shape the future of the county by positioning it as a center for cutting-edge research, technological advancements, and the development of a skilled workforce.
6. Who is the Chief Technology Officer and interim president for BRIDG?
Dr. John Allgair is the Chief Technology Officer and interim president for BRIDG. BRIDG is the first company to commence business operations in NeoCity and is dedicated to inclusive regional economic development focused on semiconductor advanced packaging of microelectronic systems.
Definitions:
– Semiconductor: A material capable of conducting electricity under certain conditions, often used in the production of electronic devices.
– Microelectronics: The study and manufacture of very small electronic components, circuits, and systems.
– NSF: National Science Foundation, a United States government agency that supports scientific research and education.
Suggested Related Links:
– BRIDG
– National Science Foundation
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