WASHINGTON — The Biden management on Monday designated 31 generation hubs unfold acorss 32 states and Puerto Rico to help spur innovation and create jobs within the industries which can be concentrated in those spaces.
“We’re going to invest in critical technologies like biotechnology, critical materials, quantum computing, advanced manufacturing — so the U.S. will lead the world again in innovation across the board,” President Joe Biden stated. “I truly believe this country is about to take off.”
The tech hubs are the results of a procedure that the Commerce Department introduced in May to distribute a complete of $500 million in grants to towns.
The $500 million got here from a $10 billion authorization in ultimate 12 months’s CHIPS and Science Act to stimulate investments in new applied sciences reminiscent of synthetic intelligence, quantum computing and biotech. It’s an strive to enlarge tech funding that is in large part concentrated round a couple of U.S. towns — Austin, Texas; Boston; New York; San Francisco; and Seattle — to the remainder of the rustic.
“I have to say, in my entire career in public service, I have never seen as much interest in any initiative than this one,” Commerce Secretary Gina Raimondo told reporters during a Sunday conference call to preview the announcement. Her department received 400 applications, she said.
“No matter where I go or who I meet with — CEOs, governors, senators, congresspeople, university presidents — everyone wants to tell me about their application and how excited they are,” stated Raimondo.
The program, formally the Regional Technology and Innovation Hub Program, ties into the president’s economic argument that people should be able to find good jobs where they live and that opportunity should be spread across the country, rather than be concentrated. The White House has sought to elevate that message and highlight Biden’s related policies as the Democratic president undertakes his 2024 reelection bid.
The 31 tech hubs achieve Oklahoma, Rhode Island, Massachusetts, Montana, Colorado, Illinois, Indiana, Wisconsin, Virginia, New Hampshire, Missouri, Kansas, Maryland, Alabama, Pennsylvania, Delaware, New Jersey, Minnesota, Louisiana, Idaho, Wyoming, South (*32*), Georgia, Florida, New York, Nevada, Missouri, Oregon, Vermont, Ohio, Maine, Washington and Puerto Rico.
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