At the Economic Development Administration (EDA) we are playing a central role in President Biden’s “Investing in America” agenda and the Biden-Harris Administration’s ambitious innovation strategy. The Tech Hubs program is an investment in our future.
Through this program, we are laying the groundwork for U.S. global leadership in technologies critical to strengthening our economic and national security in the decades to come. This program will invest directly in burgeoning, high-potential U.S. regions and provide the foundation to transform them into globally competitive technology and innovation centers.
Secretary of Commerce Gina Raimondo said, “With the Tech Hubs program, we can better ensure America remains at the leading edge of developing and delivering critical technologies. This also means we can ensure more Americans have the tools they need to get into the high-paying, quality jobs of the future. This is imperative not just for our economic security, but for our national security.” [
As part of implementing the bipartisan CHIPS and Science Act, EDA will soon release its detailed Notice of Funding Opportunity (NOFO) and seek applications to develop these regional centers of innovation and job creation. To help future applicants prepare, EDA has prepared a Fact Sheet, which details applicant eligibility requirements, geographies, and more.
CLICK HERE TO EXPLORE THE TECH HUBS FACT SHEET.
Successful proposals will demonstrate a region’s capabilities in—and its commitment too—its primary technological strength, as well as the potential for Tech Hubs investment to enable the region to become a global leader in a critical technology area within a decade.
The Fact Sheet provides answers to some frequently asked questions about the Tech Hubs program, including:
- HOW WILL FUNDING BE ALLOCATED?
- WHEN WILL YOU BE ABLE TO APPLY?
- WHO IS ELIGIBLE TO APPLY?
- HOW WILL APPLICANTS ENGAGE UNDERSERVED AND UNDERREPRESENTED COMMUNITIES AND POPULATIONS?
Additional information on the release of the Tech Hubs NOFO is forthcoming. We will be sure to keep you updated, and we encourage you to inform your networks and interested stakeholders to keep checking eda.gov/TechHubs for updates and other helpful information.
