The Commerce Department chose 31 new tech hubs across the U.S. on Monday that will be eligible for a piece of $500 million in federal funding to help spur innovation across multiple industries like autonomous systems, quantum computing, clean energy, semiconductors and more.
The Tech Hubs program, which was enacted as part of the CHIPS and Science Act of 2022 and received $500 million in funding at the end of last year, is an economic development initiative that seeks to build and support new innovation centers and research and development capacity across the U.S…
Source: Commerce picks 31 tech innovation hubs eligible for $500M in federal funding. By Nihal Krishan, October 23, 2023. FedScoop.
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