Navigating the Semiconductor Frontier: Jessica Gomez on MEMS, Federal Grants, and Industry Innovations

Value Drivers

Jessica Gomez, the founder and CEO of Rogue Valley Micro Devices, takes us on a journey from Long Island to Southern Oregon, where she and her husband carved out a niche in the competitive semiconductor industry. We unpack the world of MEMS (Micro Electro Mechanical Systems) and their broad applications in consumer electronics, automotive, and defense sectors. Jessica sheds light on what it means to be a pure play MEMS foundry and shares how Rogue Valley integrates seamlessly into the local community, making it a cornerstone of their business model.

Navigating the complexities of federal grant applications, Jessica shares the behind-the-scenes process that led to securing a $6.7 million funding award for Rogue Valley Micro Devices. From workforce incentives to a 3D interactive financial model, Jessica details the meticulous steps involved and the rigorous scrutiny the company faced. We also discuss the innovative inclusion of an on-site childcare facility, reflecting Jessica's commitment to supporting young parents in the workforce.

Finally, we explore the broader impact of the CHIPS Act on the semiconductor industry and the strategic importance of continuous innovation. Jessica offers invaluable insights into effective business metrics and financial strategies that have propelled Rogue Valley Micro Devices forward.

Chapter Summary

(0:00:50) - MEMS Manufacturing and the CHIPS Act

Jessica Gomez shares her journey of founding Rogue Valley Micro Devices, a pure play MEMS foundry, and the importance of legislative support for the semiconductor industry.

(0:14:15) - Semiconductor Grant Application and Expansion

The federal grant process involves workforce incentives, financial modeling, compliance, and a focus on supporting young parents.

(0:30:51) - CHIPS Act Impact and Business Strategy

The CHIPS Act boosts investment in US semiconductor industry, revitalizes R&D, and emphasizes continuous innovation and effective business metrics.

(0:41:37) - Building Connections and Future Opportunities

Jessica Gomez's achievements, CHIPS Act award, Rogue Valley Microdevices' progress

Resources mentioned in the podcast

All the Colors of the Dark by Chris Whitaker

https://www.amazon.com/All-Colors-Dark-Chris-Whitaker/dp/0593798872

Rogue Valley Micro Devices

https://roguevalleymicrodevices.com/

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