Federal Announcements

The Biden-Harris Administration announced that the U.S. Department of Commerce and Polar Semiconductor have reached a non-binding preliminary memorandum of terms to provide the company with up to $120 million in proposed federal incentives under the CHIPS and Science Act.

In response to President Biden’s Executive Order 14081, “Advancing Biotechnology and Biomanufacturing Innovation for a Sustainable, Safe, and Secure American Bioeconomy,” the U.S. Environmental Protection Agency, the U.S. Food and Drug Administration and the U.S. Department of Agriculture have developed a plan to update, streamline and clarify their regulations and oversight mechanisms for products of biotechnology.

The U.S. Department of Energy finalized its guidance interpreting the statutory definition of “foreign entity of concern” (FEOC) in Section 40207 of the Bipartisan Infrastructure Law. The FEOC interpretive guidance is designed to limit the participation of FEOCs in domestic battery supply chains and bolster the growth of domestic and friend-shored battery materials processing and manufacturing.

The U.S. National Science Foundation launched a $9.5 million research funding opportunity in partnership with BASF, Dow, IBM, PepsiCo Inc. and Procter & Gamble Co. Sustainable Polymers Enabled by Emerging Data Analytics is part of NSF's Molecular Foundations for Sustainability program and seeks to accelerate the discovery and manufacture of superior and sustainable polymers to enhance national competitiveness and tackle global challenges such as plastic waste.

The Biden-Harris Administration’s economic agenda, the U.S. Department of the Treasury, the U.S. Department of Energy, and the Internal Revenue Service released additional information on key provisions in the Inflation Reduction Act to strengthen energy security and drive investment to hard-hit coal communities and underserved communities.

The Biden-Harris Administration announced that the U.S. Department of Commerce and Micron Technology have signed a non-binding preliminary memorandum of terms to provide up to roughly $6.14 billion in direct funding under the CHIPS and Science Act to boost U.S. competitiveness in leading-edge memory semiconductor production.

The U.S. Department of Energy through its Loan Programs Office today announced the closing of a $362 million loan to CelLink Corporation (CelLink) to help finance the construction of a domestic manufacturing facility that will produce components essential to electric vehicle assembly.

The U.S. Department of Energy released its latest report in the Pathways to Commercial Liftoff series, describing how the U.S. offshore wind sector is adapting to challenges and poised for continued progress to create tens of thousands of new, good-paying jobs and expand access to clean energy for millions of Americans, with a path to deploying over 100 gigawatts by 2050.

The U.S. Department of Commerce’s Economic Development Administration is awarding a $2.1 million grant to the Coahoma County Board of Supervisors in Clarksdale, Mississippi, for roadway and water infrastructure improvements to support manufacturing and job growth. This grant will support the local boat manufacturing sector, creating jobs and opportunities in the region.

The U.S. Department of Energy released details for 35 projects across 20 states that voluntarily shared with DOE they received a total of $1.93 billion in allocations of the Qualifying Advanced Energy Project Credit (48C). 48C is an allocated tax credit funded by President Biden’s Investing in America agenda through the Inflation Reduction Act, aimed at accelerating clean energy manufacturing and recycling and reducing greenhouse gas emissions at industrial facilities.