Biden Names Technology Hubs to Boost Industry and Create Jobs

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U.S. Commerce Secretary Gina Raimondo testifies during a Senate Commerce, Science, and Transportation hearing on October 4, 2023.

— The Biden administration is designating 31 technology hubs touching 32 states and Puerto Rico to help spur innovation and create jobs in the industries that are concentrated in these areas.

“I have to say, in my entire career in public service, I have never seen as much interest in any initiative than this one," Raimondo told reporters during a Sunday conference call to preview the announcement. Her department received 400 applications, she said. The tech hubs are the result of a process Raimondo's department launched in May to distribute a total of $500 million in grants to cities.

The program, formally the Regional Technology and Innovation Hub Program, ties into the president's economic argument that people should be able to find good jobs where they live and that opportunity should be spread across the country, rather than be concentrated. The White House has sought to elevate that message and highlight Biden's related policies as the Democratic president undertakes his 2024 reelection bid.

 

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