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How do I get CHIPS Act Funding? 

$53 billion is available for semiconductor manufacturing and R&D, plus a 25% refundable tax credit for qualified CapEx.

See below to discover where your busines
s fits in
 
 Need help? Book an appointment with our professional grant writing team here​ or email us: equity@chipsact.com

Flag of USA on a processor, CPU Central processing Unit or GPU microchip on a motherboard.
Computer Processor

I'm a Fab or Packaging Facility

  • Register with SAM

  • File a statement of interest via the application portal

  • File a pre-application based on these requirements. Also see the application materials tab for templates etc. 

  • Government will advise based on the pre-application whether to pursue a full application

  • Need help? Contact our expert grant writing team here

Computer Robot

I'm an Upstream Supplier

  • Currently open to wafer manufacturers, and to suppliers of materials or equipment for which the capital investment exceeds $300MM+.  

  • Register with SAM

  • File a statement of interest via the application portal

  • File a pre-application based on these  requirements on or after Sept. 1. See the "application materials" tab on this website for templates etc. 

  • Need help? Contact our expert grant writing team here​.  

Chip Probing

I'm Fabless

  • Application details for R&D facilities will be released in the Fall. In the meantime:

  • Register with SAM

  • File a statement of interest via the application portal

  • Work with local government to line up the required project incentive (e.g., tax break, land concession etc.)

  • Need help? Contact our expert grant writing team here​.  

Communication Tower

I'm in Wireless Technology

  • The CHIPS Act makes $1.5 billion available for wireless supply chain innovation

  • The first tranche is $140MM for Testing and Evaluation

  • Round I application details are available here: Notice of Funding Opportunity  

  • Contact us for more information: equity@chipsact.com

Image by Kelly Sikkema

I Just Want the Tax Credit

  • The proposed rules for the 25% refundable manufacturing tax credit are available here, here and here

  • Property must be used "used directly in the manufacturing operation" to qualify for the credit.

  • Contact us for more information: equity@chipsact.com

Microchip

I Make PCBs or Packaging

  • In addition to CHIPS Act funding, the President has made funds available under Title III of the Defense Production Act.

  • Read the press release here and contact us for more information: equity@chipsact.com

University Building

I'm an Educational Institution

  • Businesses submitting grant proposals must partner with educational entities to provide workforce training, so seek corporate partners. 

  • The National Science Foundation gets $200MM to promote growth in the semiconductor workforce

  • $2 billion is available for a DOD led national network for university-based prototyping, lab-to-fab transition of semiconductor technologies and semiconductor workforce training

  • Contact us for more information: equity@chipsact.com

In a Meeting

I'm a Startup

  • Some of the $11 billion in R&D funding will go toward an investment fund. Details on the size and eligibility are yet to be released. 

  • Startups should also look to partner with fabs because as part of their application they must show efforts to invest in R&D 

  • Contact us for more information: equity@chipsact.com

Image by Marcel Strauß

Other 

Contact us for more information: equity@chipsact.com

Key Documents
 

​​

  • Text of The CHIPS Act of 2022 as passed by Congress on 7/28/22 and sent to the President for signature

  • Text of the FY21 National Defense Authorization Act, authorizing appropriations for the CHIPS Act program P.L. 116-283 (See sections 9902 and   9906) ​

  • The Commerce Department's National Security Guardrails for CHIPS funding recipients (i.e., rules restricting grantees from doing business with certain foreign countries)

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