The US Department of Commerce Economic Development Administration (EDA) has revealed shared a list of “Tech Hub” related projects across the nation. Three in particular will impact Oregon including a Corvallis Microfluidics Tech Hub, a Pacific Northwest Mass Timber Tech Hub, and a Pacific Northwest Smart Energy Strategy Development Consortium. Oregon State University will lead both Tech Hub programs with Portland State University leading the Smart Energy consortium.
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. It is an economic development initiative designed to drive regional innovation and job creation by strengthening a region’s capacity to manufacture, commercialize, and deploy technology that will advance American competitiveness. The program invests directly in burgeoning, high-potential U.S. regions and aims to transform them into globally competitive innovation centers. The program 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.
“President Biden’s Investing in America agenda is rooted in policies that will empower the United States to out-innovate and out-compete the rest of the world. Our Tech Hubs Program is fundamental to that mission and will supercharge innovation across the nation by spurring cutting-edge technological investments and creating 21st century job opportunities in people’s backyards,” said U.S. Secretary of Commerce Gina Raimondo. “Each of these consortia will help us ensure the industries of the future—and their good-paying jobs—start, grow, and remain in the United States.”
For more information, visit EDA Tech Hubs.