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- The Tech Hubs Program is a part of the CHIPS and Science Act of 202212345. The program was authorized by the bipartisan CHIPS and Science Act, which authorized $10 billion to invest in regional innovation and technology hubs across the country2345. The program is located across 32 states and Puerto Rico2. Congress appropriated EDA $500 million to launch the program as part of the FY 2023 Consolidated Appropriations Act1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The Tech Hubs Program was enacted as part of the CHIPS and Science Act of 2022 (as the Regional Technology and Innovation Hubs program). The statute authorized $10 billion for the program over five years. As part of the FY 2023 Consolidated Appropriations Act, Congress appropriated EDA $500 million to launch the program.www.eda.gov/funding/programs/regional-technolog…Tech Hubs was authorized by the bipartisan CHIPS and Science Act, a key part of President Biden’s Investing in America agenda, which he signed into law in August 2022. These Tech Hubs are located across 32 states and Puerto Rico, and represent a cross-section of urban and rural regions.www.eda.gov/news/press-release/2023/10/23/bide…The CHIPS and Science Act authorizes $10 billion to invest in regional innovation and technology hubs across the country, bringing together state and local governments, institutes of higher education, labor unions, businesses, and community-based organizations to create regional partnerships to develop technology, innovation, and manufacturing sectors.www.whitehouse.gov/briefing-room/statements-rele…The Tech Hubs program was authorized by the CHIPS and Science Act – signed by President Biden in August 2022 – and is part of the President’s Bidenomics agenda to grow the economy from the middle out and bottom up.www.whitehouse.gov/briefing-room/statements-rele…Funding for the Tech Hubs initiative stems from the CHIPS and Science Act. The legislation allocated a total of $280 billion in taxpayer money to not only bolster semiconductor manufacturing but also to fuel research and commercialization in cutting-edge technologies.www.newsweek.com/biden-31-tech-hubs-us-invest…
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