Current:Home > MyBiden names technology hubs for 32 states and Puerto Rico to help the industry and create jobs -EliteFunds
Biden names technology hubs for 32 states and Puerto Rico to help the industry and create jobs
View
Date:2025-04-19 04:07:32
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! (3492)
Related
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Ben Ferencz, last living Nuremberg prosecutor, dies at age 103
- Federal Trade Commission Refiles Suit Accusing Facebook Of Illegal Monopoly
- China wraps up war games around Taiwan, practicing for an attack as tension with U.S. mounts
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- McCarthy meets with Taiwanese President Tsai Ing-Wen in California over objections from China
- The White House Blamed China For Hacking Microsoft. China Is Pointing Fingers Back
- In China, Kids Are Limited To Playing Video Games For Only 3 Hours Per Week
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- King Charles III supports investigation into monarchy's links to slavery, Buckingham Palace says
Ranking
- Giants, Lions fined $200K for fights in training camp joint practices
- McCarthy meets with Taiwanese President Tsai Ing-Wen in California over objections from China
- See 2023 Oscar Nominees in Their Earliest Roles: Then and Now
- There's A Way You Can Beat The Best Investors. You've Just Got To Know When To Sell
- Tropical weather brings record rainfall. Experts share how to stay safe in floods.
- Here's how to rethink your relationship with social media
- Activision Blizzard Workers Are Walking Out After The Studio's Sexual Harassment Suit
- The Quantum Hi-Tech Dreams Of A Rapping African Education Minister
Recommendation
Meta releases AI model to enhance Metaverse experience
Hilary Duff's Husband Matthew Koma Playfully Trolls Her Ex Joel Madden for His Birthday
Adam Brody Shares Rare Insight into Leighton Meester Marriage
Pregnant Stassi Schroeder Reveals Sex of Baby No. 2 With Beau Clark
US appeals court rejects Nasdaq’s diversity rules for company boards
An Economist's Advice On Digital Dependency
The MixtapE! Presents Tim McGraw, Becky G, Maluma and More New Music Musts
Outlast's Jill Ashock Promises a Rude Awakening for Viewers Expecting Just Another Survival Show