Osceola County Commission to Work with South Korean Firm to Bring Hundreds More Jobs to NeoCity

In a milestone to expand the ecosystem at NeoCity and attract private investment, the Osceola County Board of County Commissioners approved a Memorandum of Understanding (MOU) with South Korean tech company ELSPES, which plans to invest at least $470 million to build a manufacturing facility and its world headquarters.

Osceola County Leads Florida with $500,000 Build Back Better Award for NeoCity

By Orlando Economic Partnership Osceola County, in partnership with the Orlando Economic Partnership (the Partnership), the University of Central Florida, and BRIDG, was awarded half a million dollars from the U.S. Department of Commerce on Monday to develop a proposal to expand NeoCity’s semiconductor research, development, and manufacturing capabilities.

PepsiCo to Invest $180 Million in Mega-Fulfillment Center in Osceola County

Osceola County, Florida – PepsiCo today announced its $180 million investment in a 355,000 square-foot mega-fulfillment center that will create 180 full-time jobs in the area. Located at Poinciana Boulevard and conveniently near the SunRail Line, the project includes advanced technologies allowing PepsiCo to serve both retail and eCommerce customers with customized product portfolios. This project…

Opening of NeoCity Way Marks Milestone for Osceola’s High-Tech Hub

Osceola County, Florida – NeoCity Way – the central transportation corridor for Osceola County’s emerging technology hub for the creation of high-paying jobs and economic diversification – opened Wednesday, May 19, 2021. The 2.1-mile long roadway opens up NeoCity to future development. The new road, which was partially financed with a $5.8 million grant from…

SkyWater Technology Recognized as 2021 Partner of the Year during RAM NCFR

While new to Osceola County, SkyWater Technology is already making its mark in the community – honored as the “Partner of the Year” during the RAM National Circuit Finals Rodeo, which runs April 8-10 at Osceola Heritage Park. “SkyWater has been an enthusiastic newcomer to our community and its team has not hesitated in embracing…

SkyWater Expanding with Florida Facility to Accelerate Domestic Advanced Packaging Capabilities for Microelectronics Manufacturing

SkyWater Technology, the only U.S.-owned and operated pure play Trusted foundry, today announced a public-private partnership with Osceola County, Florida and BRIDG to accelerate access to domestic development and manufacturing services for microelectronics advanced packaging. SkyWater has established a subsidiary, SkyWater Florida, to assume operation of the Center for NeoVation, a state-of-the-art 200 mm semiconductor manufacturing…

Osceola County Seals Deal with SkyWater Technology to Operate Center for NeoVation

SkyWater Technology – the only U.S.-owned and U.S.-based pure play semiconductor foundry – is coming to NeoCity in an agreement approved by the Osceola County Commission and company officials today. SkyWater, which specializes in development and manufacturing of integrated circuits, will take over operation of the Center of NeoVation from the University of Central Florida….

Osceola County Launches New Program to Aid Businesses with Utilities

Working with local utilities, the Osceola County Board of County Commissioners has launched a new program to help businesses impacted by COVID-19 to meet utility payments. The one-time grant, the Commercial Utilities Assistance Program is designed to work seamlessly with Toho Water Authority, KUA and Duke Energy all participating.

Osceola County Streamlines Business Assistance Grant Program

Based on feedback from applicants, Osceola County is streamlining the Business Assistance Grant Program to make it even easier for businesses to apply. Details of the new grant are available on the www.weveopenedsafely.com. The new criteria utilizes four categories instead of employee count and offers a flat amount ranging from $5,000 to $75,000.