Biden administration picks 31 regional tech hubs to spur US innovation

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Biden administration picks 31 regional tech hubs to spur US innovation
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Cooking Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingshortsWASHINGTON - The U.S. Commerce Department said on Monday it was naming 31 regional tech hubs from 370 applicants, making the areas eligible for $500 million in federal funding to help spur innovation across a variety of sectors.

The program is part of President Joe Biden's belief the government should help fund key sectors to attract more private sector investments in industries like electric vehicle battery production, semiconductors and clean energy. The designated regional tech hubs are in places like Montana, Wisconsin, upstate New York, Vermont, Nevada, Illinois and Puerto Rico, and are focused on areas including semiconductors, clean energy, critical minerals, biotechnology, artificial intelligence and quantum computing.

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