"White House Boosts Economic Growth with $530 Million Innovation Awards Across America"
The Biden-Harris Administration has announced the recipients of over $530 million in investment through the U.S. National Science Foundation's Regional Innovation Engines program, aiming to boost economic growth and innovation in 10 U.S. regions over the next decade. These investments will focus on various sectors such as semiconductor manufacturing, clean energy, sustainable textiles, climate-resilient agriculture, regenerative medicine, and more. The program, authorized by the bipartisan CHIPS and Science Act, aims to stimulate economic growth and create job opportunities across communities, aligning with President Biden's economic vision. Additionally, the NSF is inviting 15 other teams to pursue NSF Regional Innovation Engine Development Awards, further diversifying and expanding the program's impact across the country.