Biden is designating 31 technology hubs that reach 32 states and Puerto Rico. The tech hubs are designed to help spur innovation in industries concentrated in these areas and to create jobs.
touching 32 states and Puerto Rico to help spur innovation and create jobs in the industries that are concentrated in these areas. Massachusetts and other New England states are among those with new hubs.
President Joe Biden is set to announce the 31 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 over 370 applications, according to“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.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.
Ocean Tech Hub, based in Rhode Island and Massachusetts and led by the Rhode Island Commerce Corporation, is among those awarded.
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