Illinois is a premier location for microchip and advanced technology manufacturing, in part due to its numerous research universities and highly skilled workforce. Now, the state is poised to become an even more prominent hub in making the semiconductors that power everything from passenger cars to smartphones.
The National Science Foundation (NSF), in partnership with Ericsson, IBM, Intel and Samsung, recently announced $45.6 million in grants to more than two dozen U.S. universities, including several key Illinois institutions, aimed at boosting new semiconductor technologies, manufacturing, and workforce training and development.
The grants will benefit the University of Illinois Urbana Champaign (UIUC), Northwestern University, the University of Chicago, the Illinois Institute of Technology, and Northern Illinois University, providing new technology and research needs for students. The support will help prepare the in-demand workforce with practical experience for a future in an industry that is seeing a renaissance on American shores thanks to supportive new policies.
The grants come on top of increased support for the semiconductor industry from Illinois. The State’s Manufacturing Illinois Chips for Real Opportunity (MICRO) Act creates tax incentives for makers of semiconductors, microchips, or component parts, and are available in addition to other incentives for companies involved in manufacturing, electric vehicle development, and data center operations.
The NSF grant isn’t the only thing bolstering Illinois’ semiconductor workforce. Samsung Austin Semiconductor recently announced a yearly $1 million contribution to the Grainger College of Engineering at UIUC as part of a new workforce development plan. This program will support engineering students interested in the semiconductor industry, as well as increase opportunities for recruiting top engineering talent. The funds will also allow Grainger College to establish a semiconductor minor program, which will launch in the fall of 2024.
With so many new programs and incentives, it’s no wonder that Illinois is building on its reputation as a top technology and manufacturing hub. To learn more about how we can help your business succeed, reach out to us here.