- $504M Awarded to 12 Hubs: The Biden administration allocated $504 million to 12 regional tech hubs for advancing research in fields like quantum computing and autonomous driving.
- Grants Range $19M-$51M: Each hub will receive grants between $19 million and $51 million to support their initiatives.
- Focus on Key Technologies: Projects will include chip manufacturing in New York, autonomous vehicles in Oklahoma, and quantum computing in Colorado.
Impact
- Economic Growth and Job Creation: The funding will create high-paying jobs and spur economic growth across multiple states.
- Technological Leadership: The initiative will bolster U.S. leadership in cutting-edge technologies, including quantum computing and autonomous driving.
- Sustainability Initiatives: Four hubs will focus on sustainability, such as the development of a full lithium lifecycle cluster.
- Biotechnology Advancements: Investments in biotechnology will support drug development and personalized medicine, enhancing healthcare capabilities.





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