Current:Home > InvestBiden names technology hubs for 32 states and Puerto Rico to help the industry and create jobs-Angel Dreamer Wealth Society D1 Reviews & Insights
Biden names technology hubs for 32 states and Puerto Rico to help the industry and create jobs
View Date:2025-01-09 21:41:23
REHOBOTH BEACH, Del. (AP) — The Biden administration is designating 31 technology hubs touching 32 states and Puerto Rico to help spur innovation and create jobs in the industries that are concentrated in these areas.
President Joe Biden is set to announce the hubs on Monday at the White House with Commerce Secretary Gina Raimondo.
“I have to say, in my entire career in public service, I have never seen as much interest in any initiative than this one,” Raimondo told reporters during a Sunday conference call to preview the announcement. Her department received 400 applications, she said.
“No matter where I go or who I meet with — CEOs, governors, senators, congresspeople, university presidents — everyone wants to tell me about their application and how excited they are,” said Raimondo.
The tech hubs are the result of a process Raimondo’s department launched in May to distribute a total of $500 million in grants to cities.
The $500 million came from a $10 billion authorization in last year’s CHIPS and Science Act to stimulate investments in new technologies such as artificial intelligence, quantum computing and biotech. It’s an attempt to expand tech investment that is largely concentrated around a few U.S. cities — Austin, Texas; Boston; New York; San Francisco; and Seattle — to the rest of the country.
The program, formally the Regional Technology and Innovation Hub Program, ties into the president’s economic argument that people should be able to find good jobs where they live and that opportunity should be spread across the country, rather than be concentrated. The White House has sought to elevate that message and highlight Biden’s related policies as the Democratic president undertakes his 2024 reelection bid.
“These Tech Hubs will catalyze investment in technologies critical to economic growth, national security, and job creation, and will help communities across the country become centers of innovation critical to American competitiveness,” the White House said Monday in an emailed statement.
The 31 tech hubs reach Oklahoma, Rhode Island, Massachusetts, Montana, Colorado, Illinois, Indiana, Wisconsin, Virginia, New Hampshire, Missouri, Kansas, Maryland, Alabama, Pennsylvania, Delaware, New Jersey, Minnesota, Louisiana, Idaho, Wyoming, South Carolina, Georgia, Florida, New York, Nevada, Missouri, Oregon, Vermont, Ohio, Maine, Washington and Puerto Rico.
veryGood! (7695)
Related
- Bankruptcy judge questioned Shilo Sanders' no-show at previous trial
- Tori Bowie’s Olympic Teammates Share Their Scary Childbirth Stories After Her Death
- Kim and Khloe Kardashian Take Barbie Girls Chicago, True, Stormi and Dream on Fantastic Outing
- Mary-Louise Parker Addresses Ex Billy Crudup's Marriage to Naomi Watts
- Elena Rose has made hits for JLo, Becky G and more. Now she's stepping into the spotlight.
- With Climate Change Intensifying, Can At-Risk Minority Communities Rely on the Police to Keep Them Safe?
- How Britain Ended Its Coal Addiction
- Michael Cohen plans to call Donald Trump Jr. as a witness in trial over legal fees
- Deion Sanders doubles down on vow to 99-year-old Colorado superfan
- Thousands of children's bikes recalled over handlebar issue
Ranking
- Arizona Supreme Court declines emergency request to extend ballot ‘curing’ deadline
- Besieged by Protesters Demanding Racial Justice, Trump Signs Order Waiving Environmental Safeguards
- Transcript: Utah Gov. Spencer Cox on Face the Nation, July 9, 2023
- We battle Planet Money for indicator of the year
- Trump breaks GOP losing streak in nation’s largest majority-Arab city with a pivotal final week
- Cupshe Blowout 70% Off Sale: Get $5 Swimsuits, $9 Bikinis, $16 Dresses, and More Major Deals
- Warming Trends: A Flag for Antarctica, Lonely Hearts ‘Hot for Climate Change Activists,’ and How to Check Your Environmental Handprint
- Will a Summer of Climate Crises Lead to Climate Action? It’s Not Looking Good
Recommendation
-
Kelly Rowland and Nelly Reunite for Iconic Performance of Dilemma 2 Decades Later
-
Inside a Southern Coal Conference: Pep Rallies and Fears of an Industry’s Demise
-
CVS and Walgreens limit sales of children's meds as the 'tripledemic' drives demand
-
A Southern Governor’s Climate and Clean Energy Plan Aims for Zero Emissions
-
Mike Tyson has lived a wild life. These 10 big moments have defined his career
-
How a scrappy African startup could forever change the world of vaccines
-
Two Louisiana Activists Charged with Terrorizing a Lobbyist for the Oil and Gas Industry
-
Tighten, Smooth, and Firm Skin With a 70% Off Deal on the Peter Thomas Roth Instant Eye Tightener