DeSantis Dedicates $50 Million for Cutting-Edge Workforce Development Initiative to Boost Florida’s Semiconductor Industry

On Sept. 19, Governor DeSantis announced $50 million for a cutting-edge workforce development initiative which will be dedicated to supporting Florida’s semiconductor industry. This initiative dedicates funds through FloridaCommerce and the Florida Department of Education to projects and workforce education opportunities that support semiconductor manufacturing, advanced packaging, and research and development within the military, defense, and space industries. These strategic investments function to expand Florida’s manufacturing capabilities and strengthen Florida’s supply chain while creating high-demand, high-wage jobs for Floridians. Florida is already #5 in the US for semiconductor manufacturing jobs and #3 in the nation for semiconductor establishments. These investments will help Florida continue to grow its semiconductor industry.

Read the full announcement here.