Established within the scope of the EU Chip Law, the platform offers technical support and grants of up to 16 million euros to startups.
AI-generated summary
With the Chip Law, the EU aims to reduce its foreign dependency in the semiconductor supply chain and increase its global market share.
The EU Commission announced that the European Chip Design Platform has become operational within the scope of the EU Chip Law.
It was stated that the platform will provide chip design companies with access to design tools, technical support services, design components within the scope of intellectual property and production capacity.
It was stated in the statement that the platform will help European startups turn their innovative ideas into chips and grow faster, and that early-stage startups will be provided with grants of up to 100 thousand euros to develop prototypes that will demonstrate the feasibility of their ideas, while more advanced-stage startups can apply for grants of 16 million euros to cover chip development and commercialization costs.
In the statement, it was stated that startups and small and medium-sized businesses can receive guidance from the European Chip Competence Centers network in their application processes, and that the platform will support companies through training, rapid prototype development and access to advanced technology resources.
It was stated that 440 million euros of the total investment will be provided as a grant by the EU and participating countries, and 85 million euros will be allocated to cloud-based platform infrastructure, support services and the development of open source chip design tools.
In the statement, it was noted that the share of European chip design companies in global revenues in this field is below 1 percent, and that it is aimed to increase this.
With the Chip Law, the EU aims to strengthen the semiconductor ecosystem, which lags behind the USA and China, increase the durability of supply chains and reduce foreign dependency.
AI outlook — possibilities, not facts
An increase in the market share of European chip design companies is aimed.
Possible · Within years

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