House Community
Budget Issue Requests - Tracking Id #1257 Advanced Semiconductor Technology Program |
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Requester: |
James Emerick |
Organization: |
INSYTE |
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Project Title: |
Advanced Semiconductor Technology Program |
Date Submitted: |
01/25/2000 10:55:15 AM |
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District Member: |
Mark Ogles |
Service Area: |
Regional |
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Counties Affected: |
Pinellas |
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Recipient: |
INSYTE |
Contact: |
James P. Emerick |
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2345 Anvil St. North |
Contact Phone: |
(727) 347-6563 |
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St. Petersburg 33710-3905 |
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Project Description: |
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The Project will focus on the development of next-generation wireless semiconductor chips for a broad range of applications from cell phones to wireless internet connections. State funding is leveraged by $1M in private funding and $2M in federal funding. |
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Services Provided/Benefit to State: |
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This program offers a unique opportunity for Florida to leverage off the federal governments' investment to rapidly increase Florida's share of the wireless communications marketplace. The program will create significant high wage job growth for Florida and provide another piece of the high tech infrastructure that is essential in creating a Silicon Valley type environment in Florida. |
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Measurable Outcome Anticipated: |
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High wage job creation; development of a segment of Florida's I-4 High Tech Corridor; establishment of a clean industry. |
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Amount requested from the State for this project this year: |
$2,000,000 |
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Total cost of the project: |
$5,000,000 |
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Request has been made to fund: |
Operations |
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Is there Local Government or Private match for this request? |
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Yes |
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Cash Amount: |
$2,100,000 |
In-Kind Amount: |
$1,000,000 |
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Was this project previously funded by the State? |
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No |
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Is future-year funding likely to be requested? |
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Unknown |
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Was this project included in an Agency's Budget Request? |
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No |
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Was this project included in the Governor's Recommended Budget? |
No |
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Is there a documented need for this project? |
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Yes |
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Documentation: |
Will be supplied |
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Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
Unknown |
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