In a move designed to boost U.S. competitiveness and innovation in the tech sector, the White House on Monday designated 31 tech hubs located across the country.
The Tech Hubs program was authorized by the CHIPS and Science Act, signed by President Joe Biden last year. It’s part of the president’s “Bidenomics” agenda aimed at growing the economy from the middle out and bottom up, the White House said.
The hubs span 31 states and will focus on developing and growing innovative industries linked to semiconductors, clean energy, critical minerals, biotechnology, precision medicine, artificial intelligence, and quantum computing, among others.
The initiative paves the way for a range of interested bodies to compete for up to $75 million in grants for investments in innovation, supply chain resilience, and job creation.
One of the designated tech hubs is Baltimore, selected from a pool of 400 applicants, CBS News reported.
Baltimore’s consortium comprises businesses, colleges, universities, and local governments. Its plan is to use AI and biotechnology to improve health outcomes through the development of new medicines and therapies.
Latoya Staten, director of impact at Fearless, a company that helped design Baltimore’s bid, told CBS News that the tech hub designation was “exciting news” and “is going to be able to bring lots of economic impact and jobs.”
Announcing the initiative on Monday, the White House said: “For too long, economic growth and opportunity has clustered in a few cities on the coasts,” adding that the hubs will bring the “benefits and opportunities of scientific and technological innovation to communities across the country, with nearly three-quarters significantly benefitting small and rural areas and more than three-quarters directly supporting historically underserved communities.”
Related Posts
Mercedes-AMG F1 City Edition E-Bike: High-Octane Performance on Two Wheels
Unleash the Power: Performance Meets Precision Under the hood…errr frame…the City Edition e-bike houses a 750W motor that powers you to speeds of up to 28 mph with pedal assist. Need an extra push? When necessary, the throttle assist engages allowing you to cruise effortlessly. They’ve even provided four riding modes::
Tax Season Deals: Get the most out of your refund this year
If you want one of the best tablets for business, you'll quickly realize that you might want a keyboard along with it. One of the greatest parts about the Microsoft Surface Pro 11, as well as one of its biggest drawbacks, is its keyboard. See, normally, the keyboard comes separately (it is fully detachable) and that can seriously jack up the price. However, if you get this bundled deal you can get both components in one helpful box and even save yourself $300.
Unleash fun and savings: discover local adventures with Groupon’s “Things to Do”
Why Groupon’s "Things to Do" is Worth Exploring Groupon deals go a step beyond saving on your everyday purchases and open the door to unforgettable experiences. Imagine escaping from a high-stakes mystery room, perfecting your crepe-making skills in a cooking class, or enjoying a discounted spa day. You’ll also find deals on fitness classes, local tours, and even activities like ax-throwing (highly recommend this) and glass-blowing workshops.