CHIPS Incentives Program

CFDA 11.037 Active Direct Payments for Specified Use Direct Loans Guaranteed/Insured Loans

Open Opportunities (1)

Live Grants.gov opportunities funded under this program — you can apply now.

Program Funding

Annual program obligations reported to SAM.gov.

Latest annual funding (estimated)
$90.3M FY2025
$720.8M
FY24*
$90.3M
FY25*
* estimated

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.

Eligibility

Eligible Applicants

  • For-profit organizations
  • Private nonprofits

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.

How to Apply

Application Procedure

Any required steps for applying for assistance will be announced in the applicable funding solicitation.

Award Procedure

Award processes are identified in the applicable Notices of Funding Opportunity that will be posted on Grants.gov.

Ranges of approval/disapproval may vary. Information will be provided by the CHIPS Program Office.

Program details & compliance

Description

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 through the construction, expansion, and modernization of facilities and equipment in the United States for the fabrication, assembly, testing, advanced packaging, production, or research and development of semiconductors, materials used to manufacture semiconductors, or semiconductor manufacturing equipment. It seeks to assure a sufficient, sustainable, reliable, and secure domestic semiconductor ecosystem, including for national security needs and critical manufacturing industries. It also seeks to strengthen the semiconductor workforce and build strong communities across the United States that participate in the prosperity of the semiconductor industry.

Use of Funds

Allowed Uses

Eligible uses include costs to finance the construction, expansion, or modernization of an eligible facility or equipment for that facility; support site development or modernization for the facility; support workforce development for the facility; and pay reasonable costs related to the operating expenses for the facility.

Required Documentation

Any required credentials and documentation will be announced in the applicable Notice of Funding Opportunity.

Reporting & Compliance

Audit Required
Yes

Contacts

CHIPS Program Office
3019752000
1401 Constitution Ave NW Washington, Washington, DC 20230
Fayrouz Saad
3019752000
1401 Constitution Ave NW Washington, Washington, DC 20230
Data from SAM.gov Federal Assistance Listings. Source published: 2024-11-14. Spec v1.0. Last synced: 2026-06-01 05:55:25.