September 2, 2022

Funding received from the U.S. Economic Development Administration’s Build Back Better Regional  Challenge will have compounding ripple effects throughout the economy and positions the region to lead  the nation in semiconductor reshoring. Osceola County, in partnership with Orlando Economic  Partnership (the Partnership), the University of Central Florida (UCF), BRIDG, the Florida High Tech  Corridor (the Corridor), SkyWater Technology, and The Osceola Chamber, received $50.8 million from  the U.S. Department of Commerce’s Economic Development Administration (EDA) to develop Central  Florida’s semiconductor and microelectronics industry cluster.  


“Not only is this the first major federal semiconductor investment in the United States, but the site they  selected for this historical investment was right here in NeoCity. This is a significant validation of Osceola  County’s grand vision to create high-wage, hi-tech jobs at NeoCity,” said Osceola County Commission  Chairman Brandon Arrington. “The federal government’s investment accelerates our focused efforts to  create more economic opportunities at a higher level than ever before.”  


The once-in-a-generation investment funds the expansion of facilities at Osceola County’s NeoCity, the  development of a robust semiconductor talent pipeline, and a governance structure modeled after the  Central Florida Cluster Initiative, Cenfluence. 


“The future of NeoCity innovation is now! This Build Back Better Grant will help address the microchip  shortage, lower costs and boost local high paying jobs. What a historic day for Osceola County. Thank  you, President Biden and Secretary Raimondo, for your support!” said Congressman Darren Soto (FL 09).


In December, the regional coalition known as the Prosperity Coalition was awarded $500,000 in Phase 1  funding through the EDA’s $1 billion Build Back Better Regional Challenge, which aims to develop and  strengthen regional industry clusters across the country while embracing economic equity, creating good paying jobs, and enhancing U.S. competitiveness globally. One of 60 finalists and the only Florida  recipient selected from a pool of 529 applicants, the Coalition utilized the technical assistance funding to  develop its Phase 2 proposal. 


For the Phase 2 proposal, Coalition members collaborated on a collective vision for semiconductor  manufacturing at NeoCity and how it will benefit communities historically excluded from economic  prosperity by increasing access to high-wage, high-skill jobs. The final proposal, submitted in March,  included seven individual component project proposals aligned to boost the reshoring of U.S.  semiconductor manufacturing and the industry’s future in Osceola County.  


“Our coalition has worked very hard to make NeoCity successful and this grant affirms the wisdom of our  investment and strategies to diversify the economy,” said Osceola County Manager Don Fisher. “As we  carve out a unique place in our region’s innovation ecosystem, we will leverage the federal government’s  support to make NeoCity a regional hub for semiconductor research, design, and manufacturing.” 


Contributions from leaders at Lockheed Martin, Siemens, Valencia College, Lift Orlando as well as from a  bipartisan Congressional coalition comprised of 13 members from Florida’s Congressional delegation  were instrumental in garnering support from key regional partners and, ultimately, the success of the  coalition’s Phase 2 application. 


“The EDA’s choice to invest in Osceola County’s vision for semiconductor manufacturing is a testament to  the power of partnerships and our region’s collaborative spirit,” said Tim Giuliani, President and CEO of  the Orlando Economic Partnership. “This only happens through a decade-long collective effort by regional  partners centered around a vision to transform the Orlando region’s innovation ecosystem and create a  future where high wage jobs are accessible to everyone.”  


As the Partnership continues to advocate for Congress to invest boldly in our nation’s semiconductor  manufacturing capacity through funding of the CHIPS Act, the Orlando region is at the forefront of our  nation’s drive to secure fractured supply chains and mitigate inflationary pressures. 


To learn more about NeoCity, visit  


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Coalition Member Quotes  


“This award will provide the capability expansion of NeoCity’s semiconductor fabrication facilities and  Advanced Packaging Institute is set to catalyze the groundbreaking work of current and future industry  partners, cementing NeoCity as the premier site and regional ‘HUB’ for advanced packaging in the U.S.” – Jim Vandevere, President of BRIDG.  


“UCF is committed to unleashing potential in people, organizations, ideas, and the communities we serve.  With this grant we will have the opportunity to expand our novel digital-twin technology programming and  train the next, diverse generation of talent with the skills necessary for jobs of the future.” Dr. Alexander  Cartwright, President of the University of Central Florida  


“We are very excited about the potential to extend SkyWater’s capabilities and grow operations at  Osceola County’s NeoCity and the Center for Neovation, thanks to the EDA’s generational investment in  the reshoring of semiconductor research, development, and manufacturing.” – Thomas Sonderman,  SkyWater President and Chief Executive Officer  


“The Corridor’s Cenfluence framework has already forged internationally recognized industry clusters  helping fuel Central Florida’s economy and its application within NeoCity’s semiconductor industry cluster will facilitate expansive formal and informal industry collaboration, advancing the sustainability of  semiconductor manufacturing in Osceola County.” – Paul Sohl, CEO of The Florida High Tech Corridor 


“Valencia College is committed to building pathways that allow all members of our diverse community to  participate fully in the workforce of tomorrow. The integration of our future-focused rapid credentialing  programs into Osceola County’s semiconductor research, design, and manufacturing hub at NeoCity  expands our ability to deliver transformative opportunities to our students, helping to grow the number of  individuals skilled in semiconductor production, advanced manufacturing, and robotics in Central Florida.”  – Dr. Kathleen Plinske, President of Valencia College 


“The Osceola Chamber celebrates the award of this grant to further the efforts at NeoCity. Our friends at  Osceola County and the University of Central Florida deserve credit for creating a vision that is expanding  opportunities for Osceola residents and transforming the region. The work continues, but we know that  recognition like this proves that business works better together and, when you come to Osceola County,  you are first to what’s next.” – John Newstreet President and Chief Executive Officer of The Osceola  Chamber 


About the Prosperity Coalition Proposal 


The Osceola County-led Prosperity Coalition will build upon the initial success of NeoCity, by investing in  infrastructure, workforce development, and community reinvestment that leverages new, high-demand  production processes, to propel Central Florida as a leader for semiconductor research, development,  and manufacturing. 


Project 1 


Center for Neovation Expansion. Construction and expansion of the County owned Center for Neovation,  an advanced manufacturing semiconductor fabrication lab located in NeoCity. Items would include  installation of a new 25,000 square foot cleanroom and ultra-pure water treatment utility. 


Project 2 


Advanced Packaging Program. Purchase and installation of microelectronic advanced packaging  machinery to be at NeoCity’s fabrication facilities. 


Project 3 


Microelectronic Design and Production Digital Twin. Invest in new modeling and simulation equipment to  develop a real time digital reproduction (digital twin) of the Center for Neovation and its production line,  increasing microchip reliability and productivity, lowering maintenance costs, reducing risk, creating new  business, improving supply and delivery chain efficiency, and enabling cross-discipline collaboration to  foster innovation. 


Project 4 


Upskill Osceola. Expand and scale a skills-based workforce development platform that develops a talent  pipeline by aligning education and training with the specific skills demanded by the semiconductor  industry. The project will leverage unique analytics to help the cluster’s industry partners and their  ancillary industries recognize those skills in candidates, particularly workers without traditional academic  credentials, like a bachelor’s degree, who may otherwise be overlooked. 


Project 5 


Catalyst Osceola. Establish a semiconductor cluster management organization (CMO) to develop and  manage programs and processes that proactively address the specific development needs of companies within Central Florida’s semiconductor industry. The CMO is a vital component to the long-term  sustainability and viability of Central Florida’s semiconductor industry cluster, helping companies leverage  tangible business opportunities and overcome common barriers. 


Project 6 


Internal Governance & Community Engagement. Establish a formal governance structure tasked with  administering the grant, ensuring the attainment of targeted outcomes, and a community engagement  framework to ensure the community’s voice is heard in the Coalition’s board and to inform the community  of the economic opportunities associated with the projects. 


Available for interviews:  


Osceola County Manager Don Fisher 


Tim Giuliani, President & CEO, Orlando Economic Partnership 




About Osceola County 


Osceola County is the third fastest growing county in the nation. We anticipate the future before it  happens, forever pioneers when it comes to planning communities and economies that work. We are a  diverse community of lifelong residents and recent transplants, third-generation immigrants and new  arrivals – all who flourish here because Osceola County brings you closer to what’s most important. Our  residents have the opportunity to lead a full life alongside people who share your aspirations for the  future. We excel at turning the most ambitious ideas into reality. People here aren’t just hardworking.  They are innovative, visionary, and entrepreneurial; they are the free-flowing energy that powers every  industry in Central Florida. Our legacy is leading Central Florida by example — you can always count on  Osceola to put you in the right place at the right time, so you can be first to what’s next. 


About NeoCity 


Following the impacts of the Great Recession, Osceola County decided to make a long-term investment  to create a 500-acre technology district, known as NeoCity to diversify its economy. Since then, Osceola  County, and their regional partners, have invested over $273 million to make NeoCity the hub to Central  Florida’s burgeoning semiconductor industry. NeoCity’s anchor building, the Center for NeoVation, (total  of 109,000 sq. ft) consisting of a 36,000 square ft. clean room, is one of the most technologically  


advanced manufacturing research centers in the western hemisphere, home to SkyWater Technology,  imec USA, BRIDG, and SUSS MicroTech. The Osceola County School District’s NeoCity Academy,  located next to the Center for NeoVation, works with SkyWater, BRIDG, and imec USA to provide  internships for the high school students to work in the fab. 


About University of Central Florida 


The University of Central Florida is a public metropolitan research university in Orlando. Founded in 1963,  UCF and its 13 colleges offer more than 220 degrees from the university’s main campus, downtown  campus, hospitality campus, health sciences campus, online and through multiple regional locations. UCF  is an academic, partnership and research leader in optics and lasers, modeling and simulation,  engineering and computer science, and video game design. According to U.S. News & World Report,  UCF ranks among the nation’s most innovative universities.




BRIDG is a not-for-profit, public-private partnership specializing in digital, RF, and photonics silicon interposer technology development coupled with advanced packaging capabilities. As an ITAR-certified and DMEA trust-ready supplier, BRIDG offers R&D expertise and a 200mm microelectronics fabrication facility geared toward system miniaturization, device integration, hardware security, and product manufacturing key to aerospace, defense, automotive, telecommunications, medical, and the IoT/AI revolution. Supported by Osceola County, Florida High Tech Corridor Council, imec, Orlando Economic Partnership, TEL, SUSS, Siemens, and SkyWater Technology (Center for NeoVation operator), BRIDG provides the physical infrastructure and collaborative process to connect challenges and opportunities with solutions; “Bridging the Innovation Development Gap” making commercialization possible. Located at NeoCity—a 500-acre master-planned community of innovation in Florida—BRIDG is centrally located 20 minutes from Orlando International Airport and within a mile of Florida’s Turnpike.


About the Florida High Tech Corridor 


The 23-county region that defines The Corridor is anchored by three of the country’s largest research  institutions: the University of Central Florida (UCF), the University of South Florida (USF) and the  University of Florida (UF). Our mission is to converge and catalyze the capacity of high tech, innovation,  and bright minds to generate a global ripple effect that advances the lives of people in the communities  we serve. Powered by an ethos of collaboration, we align opportunities and resources in academia,  industry, and economic development to unleash our region’s exponential potential. 


About SkyWater Technology 


SkyWater (NASDAQ: SKYT) is a U.S.-owned semiconductor manufacturer and a DMEA-accredited  Trusted supplier. SkyWater’s Technology as a ServiceSM model streamlines the path to production for  customers with development services, volume production and heterogeneous integration solutions in its  world-class U.S. facilities. This pioneering model enables innovators to co-create the next wave of  technology with diverse categories including mixed-signal CMOS, ROICs, rad-hard ICs, power  management, MEMS, superconducting ICs, photonics, carbon nanotubes and interposers. SkyWater  serves growing markets including aerospace & defense, automotive, biomedical, cloud & computing,  consumer, industrial and IoT. For more information, visit:


About Valencia College 


Serving more than 70,000 students at nine campuses and training centers across central Florida,  Valencia College is recognized as one of the top community colleges in the nation. The college offers a  variety of associate and bachelor’s degrees and short-term training programs, with industry leading rates  of graduation, transfer and job placement, as recognized by the Aspen Institute, Achieving the Dream and  other national organizations. 


About The Osceola Chamber 


Founded in 1924, The Osceola Chamber represents approximately 900 small, medium and large  companies, organizations, and governments. From cattle operations going back generations, to  entrepreneurs just getting their companies started, The Osceola Chamber includes virtually every type of  business. Our members count on us to be the voice of Osceola County business at all levels of  government. We advocate on behalf of our members for a business climate that enables them to succeed  at growing their bottom line. 


About Orlando Economic Partnership 


The Orlando Economic Partnership (the Partnership) is the Orlando region’s economic and community  development organization that is seizing the moment to advance Broad-based Prosperity® by growing  the diversity of the economy and driving investment into the region. The Partnership catalyzes the  collaborative spirit of the region to fuel regional leadership and improve the region’s competitiveness. For  more information on how Orlando is Unbelievably Real, visit