White House Announces 31 Tech Hubs To Improve American … – Slashdot
The White House on Monday announced it is designating 31 technology hubs in an effort to improve American competitiveness in the technology sector. The hubs will be able to compete for $40 million to $75 million each in grants, the White House said. From a report: A tech hub designation is “a strong endorsement of a region’s plan to supercharge a critical technology ecosystem and become a global leader over the next decade,” the U.S. Economic Development Administration said on its website. The move was authorized under the CHIPS and Science Act, the White House said, which President Joe Biden frequently touts as a highlight of his economic agenda. The act, which the president signed in August 2022, aimed to improve semiconductor manufacturing and supply chains in the U.S. It also authorized $10 billion to invest in technology hubs nationwide, according to the administration.
“These Tech Hubs will catalyze investment in technologies critical to economic growth, national security,…
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source: https://news.oneseocompany.com/2023/10/23/white-house-announces-31-tech-hubs-to-improve-american-slashdot_2023102351692.html
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