This program is specifically designed for businesses like yours in Costa Rica, offering you a unique opportunity to enhance semiconductor capacity. By submitting a statement of interest, you can express your program ideas and objectives in just a concise document. This step allows you to gauge interest before committing to a more detailed proposal, helping streamline your efforts.

Participating in this program can lead to valuable resources for workforce development and improving the regulatory environment. These factors can play a crucial role in expanding your operations and keeping your business relevant in a competitive market. Also, while no specific funding amounts are outlined, successful projects can unlock potential financial support that can boost your capabilities and growth.

Engaging in this initiative means you’ll not only position your business at the forefront of a vital industry but also align with a broader strategy to strengthen the global supply chain. Apply now to explore what’s possible for your business.

Type of Financing

The program offers grants for eligible projects related to workforce development and policy reform in the semiconductor industry. Grants do not require repayment, so you can focus on growing your business without worrying about monthly payments.

Repayment Terms and Interest Rates

Since this is a grant, there are no repayment terms or interest rates involved. You receive the funds to use as outlined in your proposal without the pressure of repayment.

Eligible Expenses

You can use the funds for a range of expenses including:

• Training and development programs for workforce growth
• Initiatives that improve the regulatory environment for semiconductor operations
• Equipment and materials specifically for semiconductor assembly, testing, and packaging

Restrictions on Fund Use

The funds cannot be used for:

• General business expenses not directly related to the project
• Profit distribution or any costs outside the scope of approved project activities

Fees Associated with the Program

There are no fees to apply for or receive these grants. The process focuses on your project proposal and its alignment with the program objectives.

• Location: Must be based in Costa Rica.
• Sectors Eligible: Must fall under Workforce Development or Policy and Regulatory Reform.
• Employee Requirements: No minimum or maximum number of employees required.
• Revenue Requirements: No minimum or maximum revenue required.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications

• Location: Businesses not based in Costa Rica do not qualify.

This program offers your business a way to enhance semiconductor capacity in Costa Rica, which can significantly impact your operations. You can submit a statement of interest to communicate your program ideas and objectives. This initial step not only helps you clarify your goals but also gets you evaluated before developing a full proposal. If selected, you’ll be invited to submit this more detailed plan.

The program focuses on two key areas: Workforce Development and Policy and Regulatory Reform. By participating, you could help expand and diversify the workforce for semiconductor facilities or improve the regulatory environment, ultimately enabling more growth and capabilities for your business in this sector. It’s a great chance to position your business at the forefront of an industry that is critical for the global supply chain.

While there are no specific amounts of funding set, successful projects that come from this program can unlock valuable resources that you could use for development and growth in your operations. Engaging in this program means you could be part of a larger initiative, ensuring your business stays competitive and relevant.