EDAS

Electronic Design Automation Support (EDAS) Program

The Electronic Design Automation Support (EDAS) program subsidizes availing EDA tools for startup, micro, small, and medium companies working in designing and producing PCBs and ICs.

Overview

The Electronic Design Automation Support (EDAS) program subsidizes availing EDA tools for startup, micro, small, and medium companies working in designing and producing PCBs and ICs as per the following criteria:

The program duration is 3 years starting from 2015 till 2018.

TIEC and the beneficiary company share the tool cost whereas the max subsidy paid by TIEC and its max subsidy percentage depend on the company categorization; whether startup, micro, small, or medium.

TIEC pays its cost share directly to the EDA tools vendors or their representatives after receiving the payment claim in its name from the vendor and after receiving the payment receipt depicting the company’s payment of its cost share dated after its acceptance in the program.

Beneficiary companies are determined through public competitive calls announced every two months where a specialized committee evaluates the applications and announces those accepted and those refused.

EDA tools vendors will be selected based upon: being reputable and internationally known in the field, at least three local companies request their tools, and their acceptance of participation in the program with preferably large discounts on their price list.

The subsidy return is evaluated annually and TIEC has the right to cancel remaining subsidy amounts and/or to exclude the beneficiary company from any ITIDA program if the target return has not been achieved.

Transfer/trading/using the tools out of the EDAS program scope is prohibited.

Description

Applying Terms

Local company working in designing Printed Circuits Boards (PCBs) and Integrated Circuits (ICs).

Company registered in ITIDA database.

All companies approved in previous rounds are not eligible to apply in this new round.

Subsidy Amounts

Subsidy Return

Startup: Investment or service agreements that total to the subsidy amount, or a cooperation and partnership agreement with a leading entity, within a year of any subsidy reception.

Micro, Small, and Medium: Revenue increases by 150% of any subsidy received for micro, 200% for small, and 250% for medium, by the end of the fiscal year completed after one year from receiving any subsidy amount.

TIEC has the right to cancel remaining subsidy amounts and/or to exclude the beneficiary company from any ITIDA program if the target return has not been achieved.

To examine the tool utilization and subsidy return during the program, the evaluation committee may visit the beneficiary company and/or the beneficiary company may be invited to present in TIEC.

Startups

Beneficiaries