October 23

Biden Administration Names 31 Tech Hubs Across America

The Biden Administration named 31 Tech Hubs across the United States, the first phase of the Tech Hubs program designed to drive regional innovation and job creation.

The economic development initiative is intended to strengthen a region’s capacity to manufacture, commercialize, and deploy technology that will advance American competitiveness. The program invests directly in burgeoning, high-potential U.S. regions and aims to transform them into globally competitive innovation centers.

Congress authorized the Tech Hubs program through the bipartisan CHIPS and Science Act, a key part of President Biden’s Investing in America agenda, which he signed into law in August 2022.

The Tech Hubs are located across 32 states and Puerto Rico and represent a cross-section of urban and rural regions. The Tech Hubs named today extend across industries ranging from autonomous systems, quantum computing, biotechnology, precision medicine, clean energy advancement, semiconductor manufacturing, and more, and highlight how the Biden Harris Administration is investing in innovation and economic growth in every region of the United States.

The Tech Hubs that involve biotechnology include:

The U.S. Department of Commerce’s Economic Development Administration also awarded 29 Strategy Development Grants to help communities significantly increase local coordination and planning activities. Such development could make selected grantees more competitive for future Tech Hubs funding opportunities.

The Strategy Development Grant (SDG) Recipients are:

The Department of Commerce launched a second Tech Hubs Notice of Funding Opportunity, allowing these designated Tech Hubs to apply to receive between $40 million and $70 million each for implementation funding, totaling nearly $500 million.

Read the full release here.



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