Helpful Resources to Track Funding Opportunities from the CHIPS and Science Act
Just like IIJA and IRA, here are some initial resources to understand what's in the new legislation.
Since the passage of the CHIPS and Science Act on August 9, 2022, numerous think tanks, nonprofits, universities, and other organizations have published guides or resources that demystify the new legislation. I’ve compiled the resources that are most helpful to local leaders interested in making the most of funding opportunities:
Commerce Department’s Strategic Plan for the Implementation of the CHIPS and Science Act: The Department of Commerce released its strategy for the implementation of the CHIPS and Science Act which includes information on eligibility, key initiatives, and governance of the program.
Covington CHIPS Funding Overview: This short article summarizes many of the funding opportunities in the CHIPS Act. However, it does not provide significant detail and can be a bit difficult to skim.
JD Supra’s CHIPS Act basics for Semiconductor Companies: This guide provides in-depth information for the $39B to be disbursed to nonprofit and for-profit semiconductor companies. While the intended audience is not local public leaders, it can be an important resource for local officials trying to bring new semiconductor manufacturing to their locality or determine whether a particular site would be a good fit. However, it does not contain in-depth information about funding opportunities from the rest of the Act. JD Supra also has a separate guide for companies hoping to benefit from CHIPS Act funding opportunities.
CHIPS and Science Act Website: This website for the new law contains several helpful resources, like a breakdown by priority, a section-by section summary, and the full text of the Bill (see below).
Section by section summary: This 39-page PDF is a summarized version of the entire text of the Act. It is not organized by funding opportunity but instead by the structure of the law, which can be difficult to navigate.
Full text of the CHIPS and Science Act: The full text is 1034 pages.