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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Peter Ho
https://linkedin.com/in/peterhocm
Please note that information provided in the podcast is for informational and educational purposes only and is not a recommendation to take any particular action, nor an offer or solicitation to buy or sell any securities or services presented. It is not investment advice. Brio360 does not provide legal or tax advice.
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