Technologyinnovation News

"Biden Administration Unveils 31 Regional Tech Hubs to Drive Innovation and Job Growth Across the U.S."

The Biden-Harris administration has announced the designation of 31 communities across the United States as Regional Innovation and Technology Hubs (Tech Hubs) to spur American innovation, strengthen manufacturing, and create good-paying jobs. These Tech Hubs will focus on developing industries such as semiconductors, clean energy, biotechnology, artificial intelligence, and quantum computing. They will bring together various stakeholders to compete for implementation grants and make transformative investments in innovation, supply chain resilience, and job creation. The Tech Hubs aim to diversify economic growth and opportunity across the country, benefiting small and rural areas as well as historically underserved communities. The Department of Commerce is also awarding Strategy Development Grants to build economic development plans for future rounds of the Tech Hub program.