047907799
Project Grant
Overview
Grant Description
This EDA investment supports the building Central Florida's semiconductor cluster for broad-based prosperity, led by the Osceola County Board of County Commissioners, with boosting semiconductor industry in Central Florida by accelerating the growth of the specialized semiconductor cluster at NeoCity, a 5,000-acre technology park developed in partnership with the state of Florida.
The coalition will upgrade the capabilities at the Center for Neovation Advanced Manufacturing Facility, allowing it to expand research and production. The coalition will also work to align local education and training programs with the needs of the region's semiconductor manufacturers.
Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
The coalition will upgrade the capabilities at the Center for Neovation Advanced Manufacturing Facility, allowing it to expand research and production. The coalition will also work to align local education and training programs with the needs of the region's semiconductor manufacturers.
Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
Awardee
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Kissimmee,
Florida
34744-4430
United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
COVID-19 $13,148,881 (100%) percent of this Project Grant was funded by COVID-19 emergency acts including the American Rescue Plan Act of 2021.
Icamr was awarded
Boosting Central FL Semiconductor Cluster for Prosperity
Project Grant 047907799
worth $13,148,881
from Economic Development Administration in September 2022 with work to be completed primarily in Kissimmee Florida United States.
The grant
has a duration of 3 years 4 months and
was awarded through assistance program 11.307 Economic Adjustment Assistance.
$3,287,220 (20.0%) of this Project Grant was funded by non-federal sources.
Status
(Ongoing)
Last Modified 10/25/22
Period of Performance
9/8/22
Start Date
1/8/26
End Date
Funding Split
$13.1M
Federal Obligation
$3.3M
Non-Federal Obligation
$16.4M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
047907799
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
Nonprofit With 501(c)(3) IRS Status (Other Than An Institution Of Higher Education)
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
D6B4MHM2QFH7
Awardee CAGE
7ALY3
Performance District
09
Senators
Marco Rubio
Rick Scott
Rick Scott
Representative
Darren Soto
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| Economic Development Assistance Programs, Economic Development Administration, Commerce (013-2050) | Area and regional development | Grants, subsidies, and contributions (41.0) | $13,148,881 | 100% |
Modified: 10/25/22