$504 million will be granted to tech hubs nationwide, thanks to the Biden administration

The Biden administration said Tuesday that it was providing $504 million in implementation grants for a dozen technology hubs in Ohio, Montana, Nevada and Florida, among other locations.

The money would support the development of quantum computing, biomanufacturing, lithium batteries, computer chips, personal medicine and other technologies.

The Democratic administration is trying to encourage more technological innovation across the country, instead of allowing it be concentrated in a few metro areas such as San Francisco, Seattle, Boston and New York City.

“The reality is there are smart people, great entrepreneurs, and leading-edge research institutions all across the country,” Commerce Secretary Gina Raimondo said in a call previewing the announcement. “We’re leaving so much potential on the table if we don’t give them the resources to compete and win in the tech sectors that will define the 21st century global economy.”

The money comes from the Commerce Department’s Economic Development Administration. In October 2023, President Joe Biden designated 31 tech hubs. Raimondo said the administration was pushing for more funding for the program so that all the designated tech hubs can get additional resources to compete.

The tech hubs receiving funding include:

— $41 million for the Elevate Quantum Tech Hub in Colorado and New Mexico

— $41 million for the Headwaters Hub in Montana

— $51 million for Heartland BioWorks in Indiana

— $51 million for the iFAB Tech Hub in Illinois

— $21 million for the Nevada Tech Hub

— $40 million for the NY SMART I-Corridor Tech Hub in New York

— $44 million for ReGen Valley Tech Hub in New Hampshire

— $45 million for the SC Nexus for Advanced Resilient Energy in South Carolina and Georgia

— $19 million for the South Florida ClimateReady Tech Hub

— $51 million for the Sustainable Polymers Tech Hub in Ohio

— $51 million for the Tulsa Hub for Equitable & Trustworthy Autonomy in Oklahoma

— $51 million for the Wisconsin Biohealth Teach Hub.

—Josh Boak, Associated Press

https://www.fastcompany.com/91150392/504-million-will-granted-tech-hubs-nationwide-thanks-biden-administration?partner=rss&utm_source=rss&utm_medium=feed&utm_campaign=rss+fastcompany&utm_content=rss

Établi 1y | 2 juil. 2024, 16:10:05


Connectez-vous pour ajouter un commentaire

Autres messages de ce groupe

Windows 95’s look and feel are more impressive than ever

Every so often, Microsoft design director Diego Baca boots up an old computer so he can play around with Windows 95 again.

Baca has made a hobby of assembling old PCs with new-in-box vin

16 juil. 2025, 06:30:02 | Fast company - tech
Jack Dorsey’s new Sun Day app tells you exactly how long to tan before you burn

Twitter cofounder Jack Dorsey is back with a new app that tracks sun exposure and vitamin D levels.

Sun Day uses location-based data to show the current UV index, the day’s high, and add

15 juil. 2025, 21:10:06 | Fast company - tech
The CEO of Ciena on how AI is fueling a global subsea cable boom

Under the ocean’s surface lies the true backbone of the internet: an estimated

15 juil. 2025, 18:50:04 | Fast company - tech
AI therapy chatbots are unsafe and stigmatizing, a new Stanford study finds

AI chatbot therapists have made plenty of headlines in recent months—s

15 juil. 2025, 18:50:03 | Fast company - tech
Elon Musk’s chatbot Grok searches for his views before answering questions

The latest version of Elon Musk’s artificial intelligence chatbot Grok is echoing the views of its

15 juil. 2025, 16:30:06 | Fast company - tech
How this Florida county is using new 911 technology to save lives

When an emergency happens in Collier County, Florida, the

15 juil. 2025, 16:30:05 | Fast company - tech
How a ‘Shark Tank’-winning neuroscientist invented the bionic hand that stole the show at Comic-Con

A gleaming Belle from Beauty and the Beast glided along the exhibition floor at last year’s San Diego Comic-Con adorned in a yellow corseted gown with cascading satin folds. She could bare

15 juil. 2025, 14:20:03 | Fast company - tech