Capitalizing on the CHIPS and Science Act for U.S. expansion

A company in the semiconductor industry sought to assess its ability to capitalize on the historic investment opportunity in the U.S. presented by the CHIPS and Science Act. With significant federal funding available to support onshoring manufacturing capabilities, the company needed to explore how best to position itself to take advantage of these competitive funding opportunities. The challenge was to identify the strategic actions needed to navigate the competitive landscape, build the necessary political and business relationships, and develop an expansion strategy to maximize the company’s chances of success.

• Worked closely with the company’s executive team to outline the elements of a successful application for CHIPS Act funding, focusing on coalition-building and investment strategies.
• Provided strategic guidance on the competitive landscape, helping the company understand the complexities of the application process and the importance of leveraging multiple funding sources.
• Supported the company in building and maintaining strong relationships with key stakeholders, including Capitol Hill members, the Department of Commerce, and state and local policymakers.
• Assisted the company in crafting a comprehensive expansion strategy, combining both business intelligence and political insights to ensure that the company’s application would stand out and align with the priorities of relevant policymakers.

Through our guidance, the company successfully navigated the competitive landscape surrounding the CHIPS Act funding, positioning itself as a key player in the semiconductor industry. The company’s expansion strategy strengthened its chances of securing significant funding and positioned it for long-term growth. As a result, the company not only increased its ability to take advantage of this once-in-a-generation funding opportunity but also bolstered its position as a leader in the semiconductor industry, with enhanced political and business relationships that will support its continued expansion.