The European Commission has approved an investment of €79 million from the European Regional Development Fund for a project that will strengthen Europe’s security of supply, resilience, and digital sovereignty in semiconductor technologies.
EU Cohesion Policy: €79 million in EU funds for research and development of semiconductor technologies in Sicily, Italy
- 18 July 2024

The proposed investment finances research and development in production processes in three technological sectors: high-energy efficient chips, power semiconductors, and smart sensors. The possible applications of such devices range from automotive, industrial, Internet of Things (IoT) applications and other key sectors. The project will support the full development of the economic and technological potential of microelectronics, as a Key Enabling Technology (KET) and transfer it to downstream industries for new or improved applications, as well as for R&D activities in the different application sectors.
The project is an Important Project of Common European Interest (IPCEI) which aims to achieve very high product standards in the field of semiconductor technologies. The project will also lead to the employment of 465 full-time equivalent researchers working in improved research infrastructure facilities by 2024.
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For more information on EU-funded project in Italy, please visit Kohesio.