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.President Joe Biden is set to announce the hubs on Monday at the White House with Commerce Secretary Gina Raimondo.
It’s an attempt to expand tech investment that is largely concentrated around a few U.S. cities — Austin, Texas; Boston; New York; San Francisco; and Seattle — to the rest of the country.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.
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