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The Biden administration has announced $504 million in implementation grants for 12 tech hubs across the United States, including Ohio, Montana, Nevada, and Florida. The funds will support the development of technologies such as quantum computing, biomanufacturing, lithium batteries, computer chips, personal medicine, and more.
Commerce Secretary Gina Raimondo emphasized the importance of supporting smart people, entrepreneurs, and research institutions across the country to compete in key tech sectors of the 21st century global economy. This funding is provided by the Commerce Department’s Economic Development Administration and builds on President Biden’s designation of 31 tech hubs in October 2023.
The tech hubs that will receive funding include Elevate Quantum Tech Hub in Colorado and New Mexico, Headwaters Hub in Montana, Heartland BioWorks in Indiana, iFAB Tech Hub in Illinois, Nevada Tech Hub, NY SMART I-Corridor Tech Hub in New York, ReGen Valley Tech Hub in New Hampshire
