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new tech opportunitiesZDNET
•85% Informative
The US CHIPS and Science Act provides $10 billion over five years for a Tech Hubs program.
It aims to fund 31 "high-potential" regions across the US with pre-existing expertise in "emergent technology sectors" Phase 1 of the program was announced in October 2023 , when the EDA ( the US Economic Development Administration , part of the Commerce Department ) selected 31 Tech Hub's Designees .
Phase 2 has been completed and $504 million in funding has been awarded to 12 of the Tech Hub designees.
In Ohio , coffee shop conversations will revolve around creating a more environmentally safe anti-degradent.
Other zones awarded funding are in Colorado , New Mexico , Indiana , New York , New Hampshire , South Carolina , Georgia , Florida , Oklahoma , and Wisconsin .
Assistant Secretary Castillo : "We're excited to see this initial round of implementation funding supporting a surge of new jobs, new technologies, and new energy to bolster America 's competitiveness".
VR Score
85
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85
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41
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English
Language complexity
65
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External references
26
Source diversity
8
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