Overview
The Texas Semiconductor Innovation Fund (TSIF) is a state-level program aimed at supporting the growth and innovation of the semiconductor industry across Texas. Through this fund, businesses engaged in semiconductor manufacturing, research, and development may be eligible for grants and financial assistance to expand operations or establish new facilities.
In Baytown, companies involved in semiconductor technologies can leverage this program to access funding that supports job creation, advanced manufacturing capabilities, and long-term industry leadership.
Purpose of the TSIF Program
- Strengthen Texas’s role as a national leader in semiconductor manufacturing and innovation
- Support the expansion and relocation of semiconductor-related operations
- Foster technological advancement and high-tech job creation
- Encourage regional participation in next-generation electronics development
Eligible Activities
Businesses may qualify for support related to:
- Development or expansion of semiconductor fabrication facilities
- Investment in research and development infrastructure
- Workforce development and technical training
- Collaborative efforts between industry and academic institutions
Benefits to Businesses
- Access to state financial assistance and grants
- Support for both manufacturing and research & development activities
- Strengthened positioning in a strategic and growing industry sector
- Opportunities to collaborate with state, regional, and educational partners