Map Shows Biden's New 31 'Tech Hubs' in US Ripe for Investment

President Joe Biden on Monday designated 31 Regional Innovation and Technology Hubs across the U.S., marking a stride in boosting American innovation, manufacturing, and employment opportunities.The initiative emerged from the CHIPS and Science Act Biden signed last August, orchestrated by Washington Senator Maria Cantwell, Chair of the Senate Committee on Commerce, Science, and Transportation.

The designated Tech Hubs are now eligible to apply for the Tech Hubs Phase 2 Notice of Funding Opportunity, wherein the Economic Development Administration is set to award implementation grants between $40 million and $70 million each for a total of nearly $500 million.Funding for the Tech Hubs initiative stems from the CHIPS and Science Act.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Joe Biden is naming 'tech hubs' for 32 states, Puerto Rico to help industry, create jobsThe Biden administration is designating 31 'tech hubs ' touching 32 states and Puerto Rico to help spur innovation and create jobs in the specific industries that are concentrated in these areas.
Source: WashTimes - 🏆 235. / 63 Read more »

Pres Biden is naming 'tech hubs' for 32 states, Puerto Rico to help industryThe White House says the dozens of U.S. technology hubs President Joe Biden is announcing will help communities across the country become centers of innovation critical to its competitiveness
Source: ABC - 🏆 471. / 51 Read more »

Biden names new tech hubs, including in New England, to help grow the industryBiden is designating 31 technology hubs that reach 32 states and Puerto Rico. The tech hubs are designed to help spur innovation in industries concentrated in these areas and to create jobs.
Source: WBUR - 🏆 274. / 63 Read more »