Intel invests $100 million in Ohio, National Education

Intel invests $100 million in Ohio and National Semiconductor Education and Research.

What’s New: To address immediate semiconductor manufacturing technical challenges and labor shortages, Intel today announced details of a $100 million investment over the next decade to establish semiconductor manufacturing education and research collaborations with universities, community colleges and technical educators across the we Intel will invest $50 million straight into Ohio institutions of higher education. An additional amount of $50 million from Intel will be matched by $50 million from US National Science Foundation in national funding opportunities. Intel’s education funding is part of the company’s recent announcement that it would invest more than $20 billion build two new state-of-the-art chip factories in Ohio.

“At Intel, we strongly believe in investing in education to ensure we have the right talent to support our growth and help the we regain leadership in semiconductor manufacturing. Our goal is to bring these programs and opportunities to a variety of colleges, universities, and two- and four-year technical programs because it is essential that we expand and diversify STEM education. Intel is committed to preparing the American workforce with the technology skills needed today and in the future.

Christy PambianchiIntel’s Executive Vice President and Chief Human Resources Officer

Why it matters: Amid a national tech skills shortage, the investment will provide a major boost to education and workforce development in the we Through this investment, Intel will establish comprehensive, collaborative programs with institutions of higher education to accelerate readiness and enable the workforce needed to operate its new semiconductor manufacturing facilities and partners in ecosystem. Investments will provide resources to create new curricula for associate and undergraduate degrees, certifications, faculty training, retraining and upskilling programs for the existing workforce, upgrading laboratory equipment and research supporting innovation in semiconductor manufacturing.

“Over the past year, Intel has announced manufacturing investments that will create 6,700 pieces of high-tech equipment, we jobs, including 3,000 in Ohio. Intel is on a mission to lead domestic chip capability and capability growth, and to do that, we need the best talent available,” said Keyvan Esfarjani, executive vice president and chief global operations officer of Intel. “That’s why Intel invests in education and research programs in Ohio and through the we to address technical challenges and labor shortages in our industry.

What Intel’s Investment in Ohio Does: Intel Intends to Fund $50 million in grants in Ohio over the next 10 years. Part of this investment will establish the Intel Semiconductor Education and Ohio Research Program to fund a collaborative, multi-institutional research and education program that will emphasize the acquisition of real-world experience and innovation in semiconductor manufacturing. Intel will accept proposals from Ohiouniversity researchers, technical centers, faculty, and educators to discuss curriculum development, faculty training, laboratory equipment upgrades, innovative research to advance semiconductor manufacturing, and opportunities for students, including internships.

What is the we The National Science Foundation does: Intel will partner with the NSF in a national funding initiative. NSF will match Intel $50 million investment, make $100 million available in funding opportunities. The NSF will issue a call for proposals from researchers and educators nationwide to develop programs that enhance STEM education at two-year colleges and four-year universities, including minority-serving institutions, and new research to advance semiconductor design and manufacturing.

Through NSF and Intel’s shared interests in supporting open, pre-competitive research and educational advancements in semiconductor design and manufacturing, the partnership will provide at least $5 million in grants per year for 10 years to the winners. Funding opportunities will enable collaborations between researchers and educators to provide insights into fostering the relationship between academic research and early higher education, laying the groundwork for implementing technology solutions and developing the future hand -work in the field of semiconductors.

More context: This is one of many educational initiatives from Intel. This month, Intel announced the new Semiconductor Manufacturing Fast Start Program with Maricopa Community Colleges in Arizona. Quick Start is an accelerated two-week program that prepares students for a rewarding career as a semiconductor technician with hands-on learning delivered by experienced Intel employees as instructors.

Intel’s first two factories in Ohio are expected to create 3,000 high-tech jobs and 7,000 construction jobs, and support tens of thousands of additional long-term jobs across a broad ecosystem of suppliers and partners. Intel’s investment in partnerships with educational institutions and the NSF is part of the company’s efforts to build a pool of skilled talent and strengthen research programs in the region and across the we

Even More Context: Intel Launches Educational Initiatives (Event Replay)

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