International Technology Security and Innovation Fund (ITSI) is a strategic initiative aimed at enhancing global semiconductor supply chain resilience and security.
The initiative seeks to expand semiconductor chip assembly, testing, and packaging (“ATP” or “downstream”) operations in key partner countries in the Americas (Costa Rica, Mexico, and Panama) and the Indo-Pacific (Indonesia, the Philippines, and Vietnam), thereby fortifying a resilient supply chain for U.S. semiconductor manufacturers.
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The ITSI (International Technology Security and Innovation) project aims to diversify and strengthen the global semiconductor supply chain, focusing on assembly, testing, and packaging (ATP) operations in key partner countries.
The project is funded by a $13.8 million cooperative agreement through the U.S. Department of State's Bureau of Economic and Business Affairs, under the CHIPS Act of 2022.
The project spans two years, from 2024 to 2026.
The main objectives are to enhance workforce capabilities, expand and diversify the semiconductor workforce, and improve business and regulatory environments to support ATP supply chain diversification and growth.
The project involves key partner countries in the Americas (Mexico, Costa Rica, and Panama) and the Indo-Pacific (Vietnam, Indonesia, and the Philippines).
It is a key component of the ITSI project designed to develop capacity-building activities, including train-the-trainer workshops, upskilling and reskilling courses, and certifications.
Training will cover semiconductor ATP processes, supply chain management, and relevant technical skills through both in-person workshops and online courses.
The Institute convenes senior government officials to strengthen their policy and regulatory ecosystems, focusing on transforming policies to support the semiconductor sector.
Through workshops, consultations, and collaborative efforts between government, industry, and academic stakeholders to develop and implement effective policies.
A one-week event held in Tempe, Arizona, aimed at aligning and committing senior government representatives to the project's objectives and expected results.
Through workshops, consultations, and collaborative efforts between government, industry, and academic stakeholders to develop and implement effective policies.
Through key performance indicators (KPIs) and expected results (ERs) that quantitatively and qualitatively measure progress, such as the number of policies modified and the value of industry investments.
KPIs include the number of laws or policies modified, the value of investments made by industry, and the number of individuals with improved skills following workforce development programs.
Partners include Arizona State University, the U.S. Department of State, the Semiconductor Industry Association (SIA), Boston Consulting Group (BCG), and various local stakeholders in partner countries.
By encouraging collaborations between government entities, industry players, and academic institutions to drive innovation and support the semiconductor supply chain.
Participants include faculty, students, government officials, industry professionals, and other stakeholders from the semiconductor ecosystem.
Detailed application procedures will be provided through official channels, including the ITSI project website and partner organizations.
Participants will have access to various resources, including educational content, mentorship, networking opportunities, and potential funding for further study and research.