Biden Administration Designates 31 Tech Hubs Across the U.S. and Puerto Rico
The Biden administration has announced the designation of 31 technology hubs in 32 states and Puerto Rico, with the goal of promoting innovation and job creation. This initiative is part of the Tech Hubs program, which aims to enhance regional innovation and advance American competitiveness.
The Tech Hubs program, authorized by the bipartisan CHIPS and Science Act, addresses the need for regional innovation and employment opportunities. These selected hubs, located in both urban and rural areas, represent a diverse range of regions looking to boost their technological sectors. The focus of these hubs includes industries such as autonomous systems, quantum computing, biotechnology, clean energy, and semiconductor manufacturing.
In addition to the designation of the tech hubs, the Economic Development Administration (EDA) has granted 29 Strategy Development Grants (SDGs) to support local coordination and planning efforts in communities. This support is expected to increase the future competitiveness of the selected grantees for Tech Hubs funding.
U.S. Secretary of Commerce Gina Raimondo emphasized the importance of President Biden’s Investing in America agenda in empowering the United States to out-innovate and out-compete the rest of the world. The Tech Hubs Program plays a crucial role in this mission by promoting cutting-edge technological investments and creating job opportunities across the nation.
Deputy Secretary of Commerce Don Graves highlighted the program’s potential to boost U.S. manufacturing and global competitiveness. He stated that innovation, research, and creativity can be found in every community across America.
Lael Brainard, Director of the National Economic Council, emphasized the program’s role in driving technological advancements and creating world-class centers of innovation, manufacturing, and job opportunities.
The Phase 1 winners of the Tech Hubs program were selected from nearly 400 applications, involving industry, academia, local governments, economic development organizations, and labor and workforce partners. The Department of Commerce is now preparing for Phase 2, which will allow designated Tech Hubs to apply for implementation funding ranging from $40 million to $70 million each.
Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo praised the Tech Hubs Designees for their exemplary place-based economic development strategies. These designees combine federal resources with regional assets, expertise, and coalitions to implement transformational opportunities.
For the full list of designated Tech Hubs, please visit the link provided.
This news article is protected by copyright and should not be reproduced without permission.
© 2023 TECHTIMES.com All rights reserved.
