US Department of Commerce Announces Funding for 12 New Tech Hubs
The Biden administration has announced another US$504million in funding for its Tech Hubs program, which is designed to fund high-tech computing centers for critical technologies. The US Economic Development Administration (EDA) previously announced 31 tech hubs in October 2023. The recent announcement named 12 more hubs, each specializing in a critical research topic.
The goal of the program is to “advance America’s leadership in commercializing critical emerging tech sectors,” according to US Commerce Secretary Gina Raimondo. She adds the hubs will play a critical role in “...creating high quality, family-sustaining 21st century jobs in people’s backyards.” The funded tech centers are spread across the continental US, from New York and New Hampshire, to South Carolina, to the Great Lakes region, Oklahoma, Montana, and New Mexico. See the press release at the US Commerce Department website for the full list of centers and their specialties.