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Biden Administration Allocates Nearly $5 Million to Boost Small Businesses in Semiconductor Innovation

by Anna

The Biden-Harris Administration has awarded nearly $5 million to 17 small businesses across nine states through the Small Business Innovation Research (SBIR) Program. These Phase I awards will fund research projects aimed at assessing the technical merit and feasibility of innovative technologies for developing viable products and services in the commercial microelectronics market. This marks the inaugural funding from the CHIPS Research and Development Office.

U.S. Secretary of Commerce Gina Raimondo emphasized the administration’s commitment to nurturing the U.S. semiconductor industry and providing opportunities for small businesses. “These 17 businesses will play a vital role in supporting CHIPS for America’s efforts to enhance the U.S. semiconductor ecosystem and bolster our national and economic security,” she stated.

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At the core of these advancements is the National Institute of Standards and Technology (NIST), which focuses on measurement science, or metrology. This expertise is crucial for American chipmakers aiming to develop smaller, faster, and more energy-efficient chips, enhancing their functionality while reducing costs.

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The projects receiving funding were competitively selected from proposals responding to a Notice of Funding Opportunity (NOFO). These proposals addressed a range of topics, including critically needed measurement services, innovative manufacturing metrologies, and advanced metrology research and development (R&D) testbeds. The goal is to secure U.S. leadership in the global semiconductor industry.

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All 17 businesses have been granted Phase I awards, which aim to validate the merit and commercial potential of their research and development efforts. They will be eligible for Phase II awards, which can provide up to $1,910,000 each, with decisions expected in Spring 2025.

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Under Secretary of Commerce for Standards and Technology and NIST Director Laurie E. Locascio expressed pride in supporting these small businesses. “We are excited to help entrepreneurs with innovative ideas as they work to scale their projects for the commercial marketplace, ultimately contributing to the U.S. economy and fostering the next generation of American companies.”

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