Thanks to its specialization in nanotechnology, materials and other advanced technologies, including semiconductor packaging and flexible electronics, JVIC was recently awarded $5.4 million from the Missouri Technology Corporation’s Advanced Manufacturing Resiliency Grant Program.
The funding will be invested into projects to support the manufacturing of semiconductors.
“The Jordan Valley Innovation Center (JVIC) Advanced Manufacturing Node will advance Missouri-based projects and technologies to strengthen the semiconductor industry,” said Allen Kunkel, associate vice president for economic development and director of JVIC.
“We are grateful to receive the Advanced Manufacturing Resiliency grant to leverage the Missouri NextFlex Node at JVIC and support private sector projects that will strengthen the state’s manufacturing capabilities in semiconductor technologies.”
The grant program provides funding to Missouri organizations that create infrastructure for industries that are fundamental to the national security of the United States.
Award adds to economic development
JVIC is a collaborative partner with efactory since both share an emphasis on innovation and economic development.
“Projects like this advance the whole community and region,” said Rachel Anderson, executive director, efactory. “By pumping dollars into the advancement and manufacturing of technology, we train highly skilled workers, and we elevate the whole of southwest Missouri.
“This is a huge win for all of us, and we should be proud of the work that has been done and will continue to grow out of JVIC in the future.”
JVIC is a unique innovation center model focused on partnering with businesses to create and advance new technologies. JVIC, with private sector partners, is a leading force in technology development focused on research and development in nanotechnology, materials and other advanced technologies, including semiconductor packaging and flexible electronics.
JVIC supports and strengthens companies in the semiconductor industry and allows Missouri companies to collaborate with other U.S. companies to bring new technologies and jobs to the state. JVIC seeks to attract new semiconductor technology companies to Missouri and promote significant economic growth.
About Missouri Technology Corporation
The Missouri Technology Corporation is a public-private partnership created to promote entrepreneurship and foster the growth of new and emerging high-tech companies. MTC’s vision is to transform Missouri through the power of entrepreneurship by serving as a catalyst for technology-based innovation. MTC helps achieve sustainable economic growth through leadership and strategic investments that help entrepreneurs create and grow technology businesses in Missouri.