Biden-Harris Administration Launches First Tech Hubs Funding Opportunity

The Department of Commerce’s Economic Development Administration launched the Regional Technology and Innovation Hubs (Tech Hubs) competition. This program will create tech hubs in regions across the country by bringing together industry, higher education institutions, state and local governments, economic development organizations, and labor and workforce partners to supercharge ecosystems of innovation for technologies that are essential to our economic and national security. The program was authorized by the CHIPS and Science Act and is a key part of President Joe Biden’s Investing in America agenda, stimulating private sector investment, creating good-paying jobs, revitalizing American manufacturing, and ensuring no community is left behind by America’s economic progress. This first Notice of Funding Opportunity (NOFO) will open applications for planning grants and Tech Hubs Designations. Later in 2023, the Department of Commerce will launch a second NOFO, for applicants designated as a Tech Hub to apply for implementation funding.