Francesca Ioffreda

Jul 2, 2024 | brookings.edu | Mark Muro |Joseph Parilla |Francesca Ioffreda

Today, after an exhaustive multi-year development and award process, the U.S. Economic Development Administration (EDA) announced implementation awards for the Regional Technology and Innovation Hubs program (Tech Hubs). Starting now, these Hubs are the newest focal points for the nation’s recent efforts to boost high-potential tech clusters in new places.

Dec 20, 2023 | brookings.edu | Francesca Ioffreda |Joseph Parilla |Glencora Haskins

In October, the Economic Development Administration (EDA) announced the designation of 31 Regional Technology and Innovation Hubs (“Tech Hubs”). Authorized through the CHIPS and Science Act of 2022, the Tech Hubs program will make coordinated, place-based investments to advance key national technologies such as artificial intelligence, clean energy, and biotechnology. Originally authorized as a $10 billion program, Tech Hubs only received a $500 million appropriation from Congress.

Oct 23, 2023 | brookings.edu | Mark Muro |Joseph Parilla |Francesca Ioffreda

By mid-August, the Economic Development Administration (EDA) had received 379 applications from 48 states for Phase 1 of its Regional Technology and Innovation Hubs (Tech Hubs) competition, which seeks to boost tech clusters in diverse places and accelerate equitable growth and competitiveness. Now, the agency has announced some winners. This week, the Biden administration designated 31 winning regions that will receive support and possible investment to scale-up their local advanced industries.