l{"id":1290941,"date":"2023-10-23T21:09:07","date_gmt":"2023-10-23T20:09:07","guid":{"rendered":"https:\/\/www.businesstelegraph.co.uk\/warner-and-kaine-announce-major-regional-tech-hub-wins-for-senator-mark-warner\/"},"modified":"2023-10-23T21:09:07","modified_gmt":"2023-10-23T20:09:07","slug":"warner-and-kaine-announce-major-regional-tech-hub-wins-for-senator-mark-warner","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/warner-and-kaine-announce-major-regional-tech-hub-wins-for-senator-mark-warner\/","title":{"rendered":"Warner and Kaine Announce Major Regional Tech Hub Wins for &#8230; &#8211; Senator Mark Warner"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p class=\"wordsection1\"><span>WASHINGTON \u2013 Today,\u00a0U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced that\u00a0the U.S.\u00a0Economic Development Administration\u00a0(EDA) selected two projects in Virginia as part of the first phase of EDA\u2019s Regional Tech Hubs Program.<\/span><\/p>\n<p class=\"wordsection1\"><span>The\u00a0<a href=\"https:\/\/www.eda.gov\/funding\/programs\/regional-technology-and-innovation-hubs\"><span>Tech Hubs Program<\/span><\/a>, made possible by the<i> <a href=\"https:\/\/www.warner.senate.gov\/public\/index.cfm\/2022\/8\/president-biden-signs-warner-bill-to-increase-domestic-semiconductor-production-into-law\"><span>CHIPS and Science Act<\/span><\/a><\/i><\/span><span>,\u00a0bipartisan legislation strongly supported by both senators,\u00a0aims to<span> strengthen U.S. economic and national security by investing in regions across the country that have the assets, resources, and potential to become\u00a0<\/span>globally competitive innovation centers focused on<span>\u00a0the technologies and industries of the future. Specifically, this U.S. Department of Commerce program brings together diverse public, private, and academic partners into collaborative consortia focused on driving inclusive regional growth. With their existing innovation assets as a foundation, these Tech Hubs are envisioned to build the workforce of the future, enable businesses to start and scale, and deploy and deliver critical and emerging technologies.<\/span><\/span><\/p>\n<p class=\"wordsection1\"><b><span>In the Richmond\/Petersburg region,\u00a0<u>the Advanced Pharmaceutical Manufacturing Tech Hub<\/u><\/span><\/b><span>\u00a0was designated as one of 31 inaugural Tech Hubs in regions across the country that show potential for rapid growth in key technology sectors. Led by the Commonwealth Center for Advanced Manufacturing, this consortium will ensure that critical pharmaceuticals are manufactured here in America by employing regional assets, scientific capacities, and public and private investment to accelerate the growth, innovation, and sustainability of the U.S.-based pharmaceutical manufacturing industry. This comes as increasing overseas manufacturing creates supply chain vulnerabilities and difficulties in pharmaceutical quality regulation and monitoring.\u00a0The designation of the Richmond\/Petersburg region as a Tech Hub builds off last\u00a0<a href=\"https:\/\/www.warner.senate.gov\/public\/index.cfm\/2022\/9\/warner-kaine-mceachin-celebrate-new-funding-for-petersburg-richmond-made-possible-by-the-american-rescue-plan\">year\u2019s award of $52.9 million<\/a>\u00a0from the EDA\u2019s Regional Challenge program to the Virginia Advanced Pharma Manufacturing (APM) Cluster, led by the Virginia Biotechnology Research Partnership Authority and located in the Richmond\/Petersburg region. That award, dedicated\u00a0to expanding the\u00a0domestic supply chain for essential medicines and critical active pharmaceutical ingredients, was made possible by the\u00a0<a href=\"https:\/\/www.warner.senate.gov\/public\/index.cfm\/2021\/3\/icymi-how-virginia-benefits-under-the-american-rescue-plan\">American Rescue Plan<\/a>\u00a0that the senators voted for\u00a0and by the\u00a0senators\u2019\u00a0efforts to advocate directly for the project.<\/span><\/p>\n<p class=\"wordsection1\"><span>\u201cThe CHIPS and Science Act continues to deliver\u00a0significant wins\u00a0for Virginia, supporting the creation of an Advanced Pharmaceutical Manufacturing Tech Hub in\u00a0the Richmond-Petersburg region. I was proud to support this project, which\u00a0will help\u00a0make the Richmond-Petersburg region a critical hub for the manufacturing of advanced pharmaceuticals. Today\u2019s announcement will help boost the\u00a0American pharmaceutical industry while creating 21st century jobs for Virginians,\u201d\u00a0<b>said Sen. Warner.<\/b><\/span><\/p>\n<p class=\"wordsection1\"><span>\u201cManufacturing critical medicines, including insulin, in America is good for patients, our workers, our economy, and the stability of our supply chains. That\u2019s why I\u2019ve worked for decades to boost our biotechnology sector in the Richmond region. I helped form and grow the Virginia Biotechnology Research Partnership Authority, a leader of this project, while I was on Richmond City Council, served on the Authority\u2019s board while I was Richmond\u2019s mayor, and appointed its board members while I was governor. Now as Senator, I worked to secure funding from the American Rescue Plan for the project and pushed to make this competitive Tech Hub designation possible. I\u2019ll keep working to advance this critical economic development project for Central Virginia,\u201d\u00a0<b>said Sen. Kaine.\u00a0<\/b><\/span><\/p>\n<p class=\"wordsection1\"><span>This designation is part of the first phase of the\u00a0<a href=\"https:\/\/www.eda.gov\/funding\/programs\/regional-technology-and-innovation-hubs\"><span>novel Tech Hubs program<\/span><\/a>\u00a0that will invest directly in high-potential U.S. regions and aim to transform them into globally competitive innovation centers. Designation is an endorsement of the region\u2019s strategy to supercharge their respective technological industry to create jobs and strengthen U.S. economic and national security. Designated Tech Hubs are now eligible to apply for the next phase of the Tech Hubs Program that will invest between $50 and\u00a0$75 million in each of 5-10 Designated Hubs. The consortium was selected from 198 applications from regional consortia that include industry, academia, state and local governments, economic development organizations, and labor and workforce partners. The Tech Hubs span regions across 32 states and Puerto Rico and represent a cross section of urban and rural regions.<\/span><\/p>\n<p class=\"wordsection1\"><b><span>In\u00a0the New River Valley\u00a0and Danville,\u00a0<u>the\u00a0Virginia\u00a0Additive Manufacturing and Applied Materials Strategy Development Consortium<\/u><\/span><\/b><span>\u00a0was awarded a Strategic Development Grant, which will go towards advancing a regional strategy\u00a0based\u00a0in the New River Valley\u00a0to develop and deploy additive manufacturing system technologies for heavy industry to re-shore manufacturing and to strengthen domestic supply chain resilience.\u00a0<\/span><\/p>\n<p class=\"wordsection1\"><span>\u201cToday\u2019s selection of Virginia\u2019s\u00a0Additive Manufacturing and Applied Materials Strategy Development Consortium as a Tech Hubs Strategy Development Grant recipient is great news for\u00a0the New River Valley, Southside,\u00a0and for the Commonwealth as a whole.\u00a0 I am proud to have supported this application and look forward to continuing the growth of\u00a0the\u00a0regions\u2019\u00a0innovation economy,\u201d\u00a0<b>said Sen. Warner<\/b>. \u201cThe\u00a0CHIPS &amp; Science Act, which I was proud to author and lead through Congress, continues to bring high-paying, competitive jobs to Virginia.\u201d<\/span><\/p>\n<p class=\"wordsection1\"><span>\u201cLast month, I visited MELD manufacturing in Christiansburg and saw up close the strength of Virginia\u2019s Additive Manufacturing and Applied Materials Strategy Development Consortium. Today\u2019s exciting announcement by the U.S. Department of Commerce is a recognition of the incredible work Virginians have already accomplished through this partnership, and their great potential for job creation in the future. As Seapower Chair on the Senate Armed Services Committee, I am particularly impressed with how these innovations will enhance our national security. I will continue to do all that I can to support economic development in the New River Valley and applaud the innovators there that keep Virginia at the cutting-edge,\u201d\u00a0<b>said Sen. Kaine.<\/b><\/span><\/p>\n<p class=\"wordsection1\"><span>Led by the New River Valley Regional Commission, this consortium will leverage the grant to increase local coordination and planning activities to strengthen the region\u2019s capacity to manufacture, commercialize, and deploy technologies critical to U.S. economic and national security. This consortium was selected for a grant from a competitive pool of 181 applications.<\/span><\/p>\n<p class=\"wordsection1\"><span>The mission of the\u00a0<a href=\"http:\/\/www.eda.gov\/\"><span>U.S. Economic Development Administration (EDA)<\/span><\/a>\u00a0is to lead the federal economic development agenda by promoting competitiveness and preparing the nation\u2019s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.<\/span><\/p>\n<p class=\"wordsection1\" align=\"center\"><span>###<\/span><span>\u00a0<\/span><\/p>\n<\/div>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"7859258044\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.warner.senate.gov\/public\/index.cfm\/pressreleases?id=D6914459-0F78-4A5A-A301-223CABDD591A\">READ SOURCE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON \u2013 Today,\u00a0U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced that\u00a0the U.S.\u00a0Economic Development Administration\u00a0(EDA) selected two projects in Virginia as part of the first phase of EDA\u2019s Regional Tech Hubs Program. The\u00a0Tech Hubs Program, made possible by the CHIPS and Science Act,\u00a0bipartisan legislation strongly supported by both senators,\u00a0aims to strengthen U.S. economic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1064381,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[53],"tags":[],"class_list":["post-1290941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-security"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Warner and Kaine Announce Major Regional Tech Hub Wins for ... - Senator Mark Warner - Business Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.warner.senate.gov\/public\/index.cfm\/pressreleases?id=D6914459-0F78-4A5A-A301-223CABDD591A\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Warner and Kaine Announce Major Regional Tech Hub Wins for ... - Senator Mark Warner - Business Telegraph\" \/>\n<meta property=\"og:description\" content=\"WASHINGTON \u2013 Today,\u00a0U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced that\u00a0the U.S.\u00a0Economic Development Administration\u00a0(EDA) selected two projects in Virginia as part of the first phase of EDA\u2019s Regional Tech Hubs Program. The\u00a0Tech Hubs Program, made possible by the CHIPS and Science Act,\u00a0bipartisan legislation strongly supported by both senators,\u00a0aims to strengthen U.S. economic [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.warner.senate.gov\/public\/index.cfm\/pressreleases?id=D6914459-0F78-4A5A-A301-223CABDD591A\" \/>\n<meta property=\"og:site_name\" content=\"Business Telegraph\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-23T20:09:07+00:00\" \/>\n<meta name=\"author\" content=\"businesstelegraph\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"businesstelegraph\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.warner.senate.gov\/public\/index.cfm\/pressreleases?id=D6914459-0F78-4A5A-A301-223CABDD591A#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/warner-and-kaine-announce-major-regional-tech-hub-wins-for-senator-mark-warner\/\"},\"author\":{\"name\":\"businesstelegraph\",\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/#\/schema\/person\/0a3a6a0f58402f1f2af94e02d0987b78\"},\"headline\":\"Warner and Kaine Announce Major Regional Tech Hub Wins for &#8230; 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