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- The CHIPS and Science Act authorizes $10 billion to invest in regional innovation and technology hubs across the country1234. These hubs will bring together state and local governments, institutes of higher education, labor unions, businesses, and community-based organizations to develop technology, innovation, and manufacturing sectors1. The Tech Hubs Program is part of this initiative, with $500 million appropriated to launch the program2. The program aims to establish or improve Tech Hubs within universities, focusing on areas such as semiconductor manufacturing3.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 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 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…The CHIPS and Science Act allows the Biden administration to establish or improve Tech Hubs across the country. A White House announcement said 10 Tech Hubs will be established within universities. Oregon State University will lead two of the hubs. Three Tech Hubs within universities will focus on improving semiconductor manufacturing.www.bestcolleges.com/news/9-universities-chips-a…The Tech Hubs program is yet another piece of the federal CHIPS and Science Act approved by Congress last year, which set aside $500 million in community-specific grants to be doled out as part of broader $10 billion stimulation effort defined in the CHIPS Act..www.fierceelectronics.com/electronics/white-hous…
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