Reduce Operational Barriers, Accelerate Growth
The PROPEL Operations Program provides critical financial support to NEMC Hub member companies, particularly startups and small businesses, to overcome operational challenges and expedite the commercialization of their microelectronics technologies. By offsetting costs associated with essential operational functions including Electronic Design Automation (EDA) tool licensing, training and patents, this program empowers companies to focus on innovation and lab-to-fab scale-up.
Eligibility
This program is available to the following NEMC Hub member companies:
- Companies with 50 or fewer employees: Eligible for grants up to $100,000 (requires a 25% cost share).
- Companies with 51-100 employees: Eligible for grants up to $100,000 (requires a 50% cost share).
Please note that member companies with 101 or more employees are not eligible.
Benefits
- Reduce operational costs and allocate resources towards core business activities.
- Streamline operations, increase efficiency and expedite product launch.
- Access essential tools, training and infrastructure to stay ahead of the curve.
Application
Applications closed as of Friday, September 20, 2024.