The European Chips Act

The European Chips Act, Article 5: Components of the Initiative



Article 5: Components of the Initiative


1. The Initiative shall have the following five components:


(a) design capacities for integrated semiconductor technologies;


(b) pilot lines for preparing innovative production, and testing and experimentation facilities;


(c) advanced technology and engineering capacities for quantum chips;


(d) a network of competence centres and skills development;


(e) 'Chips Fund' activities for access to debt financing and equity to start-ups, scale-ups, SMEs and other companies in the semiconductor value chain.


Note: This is not the final text of the European Chips Act. This is the text of the European Chips Act Proposal of February 2022.