* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, May 16, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Eva Dickerman Joins Entertainment 360 As Partner – Deadline

    Eva Dickerman Takes the Spotlight as New Partner at Entertainment 360!

    Avid Appoints Act Entertainment as U.S. Distributor for Its Live Sound Portfolio – TVTechnology

    Avid Teams Up with Act Entertainment to Bring Live Sound Innovations to the U.S. Market!

    Rambo Origin Movie in the Works, First Plot Details Revealed – Yahoo

    Get Ready for Action: Exciting Plot Details Unveiled for the Upcoming Rambo Origin Movie!

    Skybound Acquires Digital Talent Firm Nine Four Entertainment – Variety

    Skybound Expands Its Horizons with Acquisition of Digital Talent Firm Nine Four Entertainment

    Ashwaubenon Bowling Alley upgrades with new Neoverse entertainment system – WFRV Local 5

    Revamped Ashwaubenon Bowling Alley Unveils Exciting New Neoverse Entertainment System!

    Entertainment Calendar for May 15-21 – York Dispatch

    Entertainment Calendar for May 15-21 – York Dispatch

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Opening kids’ eyes to the wonders of Information and Communication Technology at EBU Girls in ICT Day 2025 – EBU tech

    Unleashing Curiosity: Exploring the Magic of Information and Communication Technology at EBU Girls in ICT Day 2025!

    Senate confirm Meink, an aerospace engineer, as USAF Secretary – Air Force Technology

    Senate Approves Aerospace Engineer Meink as New Secretary of the Air Force!

    ‘Technology is always key’: Alachua County Sheriff’s Office plans new ‘Crime Intelligence Center’ – WCJB TV20

    Unlocking Safety: Alachua County Sheriff’s Office Unveils Innovative ‘Crime Intelligence Center

    Charter Names Jake Perlman EVP, Chief Technology & Information Officer – TVTechnology

    Charter Names Jake Perlman EVP, Chief Technology & Information Officer – TVTechnology

    New technology driving on-air experience – WSFA

    Revolutionizing the On-Air Experience: The Impact of Cutting-Edge Technology

    Revolutionary Technology Unlocks Hydrogen from Seawater!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Eva Dickerman Joins Entertainment 360 As Partner – Deadline

    Eva Dickerman Takes the Spotlight as New Partner at Entertainment 360!

    Avid Appoints Act Entertainment as U.S. Distributor for Its Live Sound Portfolio – TVTechnology

    Avid Teams Up with Act Entertainment to Bring Live Sound Innovations to the U.S. Market!

    Rambo Origin Movie in the Works, First Plot Details Revealed – Yahoo

    Get Ready for Action: Exciting Plot Details Unveiled for the Upcoming Rambo Origin Movie!

    Skybound Acquires Digital Talent Firm Nine Four Entertainment – Variety

    Skybound Expands Its Horizons with Acquisition of Digital Talent Firm Nine Four Entertainment

    Ashwaubenon Bowling Alley upgrades with new Neoverse entertainment system – WFRV Local 5

    Revamped Ashwaubenon Bowling Alley Unveils Exciting New Neoverse Entertainment System!

    Entertainment Calendar for May 15-21 – York Dispatch

    Entertainment Calendar for May 15-21 – York Dispatch

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Opening kids’ eyes to the wonders of Information and Communication Technology at EBU Girls in ICT Day 2025 – EBU tech

    Unleashing Curiosity: Exploring the Magic of Information and Communication Technology at EBU Girls in ICT Day 2025!

    Senate confirm Meink, an aerospace engineer, as USAF Secretary – Air Force Technology

    Senate Approves Aerospace Engineer Meink as New Secretary of the Air Force!

    ‘Technology is always key’: Alachua County Sheriff’s Office plans new ‘Crime Intelligence Center’ – WCJB TV20

    Unlocking Safety: Alachua County Sheriff’s Office Unveils Innovative ‘Crime Intelligence Center

    Charter Names Jake Perlman EVP, Chief Technology & Information Officer – TVTechnology

    Charter Names Jake Perlman EVP, Chief Technology & Information Officer – TVTechnology

    New technology driving on-air experience – WSFA

    Revolutionizing the On-Air Experience: The Impact of Cutting-Edge Technology

    Revolutionary Technology Unlocks Hydrogen from Seawater!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Map Shows Biden’s New 31 ‘Tech Hubs’ in US Ripe for Investment

October 25, 2023
in General
Map Shows Biden’s New 31 ‘Tech Hubs’ in US Ripe for Investment
Share on FacebookShare on Twitter

President Joe Biden on Monday designated 31 Regional Innovation and Technology Hubs (Tech Hubs) across the U.S., marking a stride in boosting American innovation, manufacturing, and employment opportunities.

The initiative emerged from the CHIPS and Science Act Biden signed last August, orchestrated by Washington Senator Maria Cantwell, Chair of the Senate Committee on Commerce, Science, and Transportation.

The phase one Tech Hubs, scattered across 32 states and Puerto Rico, encompass a broad spectrum of technological arenas including semiconductors, clean energy, biotechnology, and quantum computing, among others. They aim to integrate private industry, local governments, educational institutions, labor unions, Tribal communities, and nonprofit organizations.

Tech Hub Phase One Designees

The hubs are eligible to vie for up to $75 million in implementation grants, propelling advancements in innovation, supply chain resilience, and job creation. Senator Cantwell applauded the Department of Commerce’s recognition of the Spokane-based American Aerospace Materials Manufacturing Center as a U.S. tech hub for aerospace materials manufacturing.

The Tech Hubs program aims to amplify U.S. economic and national security by funneling investments into regions with the potential to ascend as globally competitive innovation centers over the next decade. The program is poised to catalyze the establishment and growth of industries and companies, thus promoting economic growth.

On a broader scale, the program represents a segment of President Biden’s Investing in America agenda—signed into law in August of last year—which is the administration’s commitment to revitalizing American manufacturing, stimulating private sector investment, and creating good-paying jobs.

According to the Department of Commerce, this is the initial phase of the Tech Hubs program.

The economic projection of the initiative is substantial. The designated Tech Hubs are now eligible to apply for the Tech Hubs Phase 2 Notice of Funding Opportunity, wherein the Economic Development Administration (EDA) is set to award implementation grants between $40 million and $70 million each for a total of nearly $500 million.

Biden Announces 31 Tech Hubs Across U.S.
President Joe Biden delivers remarks to an audience of leaders from the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) during an event at the White House on September 06, 2023 in Washington, DC.
Chip Somodevilla/Getty Images

Funding for the Tech Hubs initiative stems from the CHIPS and Science Act. The legislation allocated a total of $280 billion in taxpayer money to not only bolster semiconductor manufacturing but also to fuel research and commercialization in cutting-edge technologies.

Of the $280 billion sum, $200 billion was earmarked for scientific research and commercialization endeavors, $52.7 billion for semiconductor manufacturing, R&D, and workforce development, and an additional $24 billion is set aside as tax credits for chip production, with $3 billion for programs targeting leading-edge technology and wireless supply chains.

The Tech Hubs program is part of the overarching Act and represents an initial allocation of $10 billion aimed at fostering new growth capacities. The Hubs, rather than being physical locations, are seen as catalysts for place-based economic development, aiming to drive tech-centric growth to areas already deemed as being “high-potential.”

For instance, in Chicago, the newly established “Quantum Tech Hub: The Bloch” is expected to generate an estimated $8.7 billion in annual economic output and create up to 8,000 high-paying jobs by 2035.

More to that, the EDA set up a sort of on-ramp program for areas not deemed with high-potential by awarding 29 Strategy Development Grants to help communities augment local coordination and planning activities, potentially making them more competitive for future Tech Hubs funding opportunities.

The Tech Hubs designation is anticipated to be a recognized indicator of a region’s potential for rapid economic growth, thereby attracting additional private investment and fostering job creation. So far, nearly 400 applications have come in from regional consortia encompassing industry, academia, state and local governments, economic development organizations, and labor and workforce partners.

U.S. Secretary of Commerce Gina Raimondo said the Tech Hubs Program is fundamental to the mission of empowering the U.S. to “out-innovate and out-compete the rest of the world.”

Uncommon Knowledge

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Newsweek – https://www.newsweek.com/biden-31-tech-hubs-us-investment-innovation-jobs-1837116

Previous Post

Obama Warns Israel’s Strikes on Gaza Could Backfire

Next Post

World’s Best Digital Health Companies 2024 Application

Reduced evolutionary constraint accompanies ongoing radiation in deep-sea anglerfishes – Nature

Unleashing Diversity: How Deep-Sea Anglerfishes Thrive Amid Evolving Freedom

May 16, 2025
Study: Teaching science and reading together yields double benefits for learning – Statesville Record

Study: Teaching science and reading together yields double benefits for learning – Statesville Record

May 16, 2025

Unmasking the Pseudo-Left: A Deep Dive into Flint, Michigan’s Scientific Controversy

May 16, 2025
The 5-Minute Snack I’ve Been Eating Since Childhood – Yahoo

Rediscovering My Favorite Childhood Snack: A Quick 5-Minute Treat!

May 16, 2025
Trump mocks France’s WWII victory celebrations in Qatar army speech – Euronews.com

Trump mocks France’s WWII victory celebrations in Qatar army speech – Euronews.com

May 16, 2025
Consumer Sentiment Steady but Worries Emerge Over Personal Finances – U.S. News & World Report

Consumer Confidence Holds Steady, Yet Financial Concerns Begin to Surface

May 16, 2025
Eva Dickerman Joins Entertainment 360 As Partner – Deadline

Eva Dickerman Takes the Spotlight as New Partner at Entertainment 360!

May 16, 2025
Artist shares personal mental health journey through new art installation at Vail Health Precourt Healing Center in Edwards – VailDaily.com

Artist shares personal mental health journey through new art installation at Vail Health Precourt Healing Center in Edwards – VailDaily.com

May 16, 2025
Lawmakers to advocates: ‘Be vocal’ in last month of session – Spectrum News

Lawmakers Urge Advocates to Amplify Their Voices in Final Month of Session!

May 16, 2025
Opening kids’ eyes to the wonders of Information and Communication Technology at EBU Girls in ICT Day 2025 – EBU tech

Unleashing Curiosity: Exploring the Magic of Information and Communication Technology at EBU Girls in ICT Day 2025!

May 16, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (614)
  • Economy (625)
  • Entertainment (21,539)
  • General (15,222)
  • Health (9,667)
  • Lifestyle (630)
  • News (22,149)
  • People (629)
  • Politics (633)
  • Science (15,849)
  • Sports (21,135)
  • Technology (15,616)
  • World (615)

Recent News

Reduced evolutionary constraint accompanies ongoing radiation in deep-sea anglerfishes – Nature

Unleashing Diversity: How Deep-Sea Anglerfishes Thrive Amid Evolving Freedom

May 16, 2025
Study: Teaching science and reading together yields double benefits for learning – Statesville Record

Study: Teaching science and reading together yields double benefits for learning – Statesville Record

May 16, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version