State Incentive

TX State - Texas Semiconductor Innovation Fund (TSIF)

Summary

The TSIF may be used to match funding to state entities, such as institutions of higher education, for semiconductor research, design and manufacturing projects; and for grants to business entities with an established presence within the state of Texas to encourage economic development related to semiconductor manufacturing and design.

Texas Semiconductor Innovation Fund (TSIF)

  • Established in June 2023 under the Texas CHIPS Act (House Bill 5174).

  • Funded with $698.3 million to support Texas leadership in semiconductor research, design, and manufacturing.

Grants

  • Available to state entities, higher education institutions, and businesses with a Texas presence.

  • Supports semiconductor manufacturing and design projects.

Eligibility

Who Can Apply?

  • State entities, institutions of higher education, and private businesses planning new or expanded semiconductor projects.

Business Grant Criteria:

  • Must be based in Texas and contribute to the state's semiconductor industry leadership.

  • Requires capital investment and job creation.

  • Local community awareness and support, including local economic incentives, are considered.