COLUMBUS, Ohio–Intel officials announced Thursday that the company will provide $100 million to establish semiconductor manufacturing education and research programs, at least half of which will go to Ohio higher-education institutions.
The money, which will be boosted by an additional $50 million in national grants from the National Science Foundation, is meant to give workers the technology training Intel is looking for when hiring workers for its planned $20 billion semiconductor manufacturing complex outside Columbus, which is set to break ground by the end of the year.
“This is going to address immediate semiconductor manufacturing technical challenges and workforce shortages,” said Christy Pambianchi, Intel executive vice president and chief people officer, during an announcement event at Columbus State Community College. She said that Intel’s Ohio factory complex will create 3,000 jobs, with education requirements that range from a two-year associate degree to a doctorate.
The Intel Semiconductor Education and Research Program for Ohio will award $50 million in grants over the next 10 years to researchers, technical centers, faculty and educators in the state for things like training faculty, upgrading lab equipment, developing curricula, conducting semiconductor research and student internships, among other things, according to an Intel release.
The other $100 million will be offered to establish semiconductor manufacturing education and research collaborations with universities, community colleges and technical educators across the U.S., the release stated. Ohio educational institutions will also be eligible to receive grants from that $100 million in addition to the $50 million directed specifically to the Buckeye State, Pambianchi said.
In addition, some of the money will go toward STEM (science, technology, engineering, and mathematics) development programs at the local, regional and national level, including a manufacturing technician certification effort, she said.
Lt. Gov. Jon Husted, speaking at the event, touted the “amazing opportunities” that Intel is bringing to Ohio.
“Because everybody wins,” Husted said. “When you have great jobs, you have great career opportunities, you have educational choices for folks …you get to live your version of the American Dream.”