CO: Colorado CHIPS Community Support Program
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Colorado CHIPS Community Support Program | Colorado Office of Economic Development and International Trade Skip to main content Search Search 0 Colorado CHIPS Community Support Program Program Summary The CHIPS and Science Act is a once-in-a-generation opportunity that — along with other federal investments to spur U.S.-based production — will lead to large-scale growth of the semiconductor and advanced industry sectors across the United States. Colorado is a leader in advanced technologies and an integral part of the global semiconductor ecosystem. In fact, Colorado–and particularly the Front Range from Fort Collins to Colorado Springs—is among a handful of places in the U.S. with a strong concentration of semiconductor manufacturing and design. A thriving local network of industry leaders and research institutions operate across segments of the value chain and enable clusters of downstream advanced industries in the state, such as aerospace, bioscience, and cleantech. This ecosystem is primed for growth from within. To support this growth, a core OEDIT strategy is to use this opportunity to spread development of these semiconductor and advanced industry ecosystems outside of their traditional densities in Colorado. As such, the Office has designed a suite of grants, known as the Colorado CHIPS Community Support Program, to include the following: Market Study Grants: OEDIT will provide grant funding for localities through a competitive application process to contract with a consultant to provide a market study. These studies will include a detailed analysis of the existing local industry, assets, and gaps relevant to the semiconductor and advanced industries sectors. They will help define the area's competitive positioning, value proposition, and salient opportunities for development, attraction, and retention. Implementation Grants : OEDIT will provide grant funding for localities through a competitive application process to develop an asset or fill a gap relevant to the semiconductor and advanced industries ecosystem. Marketing Grants: OEDIT will provide grant funding for localities through a competitive application process to support marketing and promotional activities targeted to semiconductors and advanced industries. Overview Type: Three competitive grants For: Municipal, county, or tribal governments; regional economic development organizations; or consortia led by one or more of those previously listed within the state of Colorado Amount: Varies by grant Application period: January to March and July to September Special note: The first cycle of the program will include only the Market Study and Marketing Grants and will have an abbreviated application period from April 29, 2024 to May 31, 2024 OEDIT division: Global Business Development Eligibility Eligible applicants include the following within the state of Colorado: Municipal Governments County Governments Tribal Governments Regional Economic Development Organizations Co
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