These Emerging Tech Hubs Receive Chips Act Funding

Ohio, Montana, Nevada and Florida are among the recipients.

The Biden administration announced yesterday that it was providing $504 million in implementation grants for a dozen technology hubs around the country.  The hubs, which are located in US states such as Ohio, Montana, Nevada and Florida, are focusing on building out local expertise in a particular technology. Miami, Fla., for example, is receiving $19.5 million to establish a climate technology hub with a focus on building a coastline that can survive the rising sea levels, among other initiatives. It will be led by Florida International University.

Other technologies supported by this initiative include quantum computing, biomanufacturing, lithium batteries, computer chips and personal medicine.

The program is being funded under the Chips and Science Act and Inflation Reduction Act and it is meant to boost private investment in cutting-edge industries outside the country’s traditional innovation centers of San Francisco, Boston and New York.

“The reality is there are smart people, great entrepreneurs, and leading-edge research institutions all across the country,” Commerce Secretary Gina Raimondo said.

Other awards include: