Biden Names 31 Tech Hubs in Bid to Lure Investment to More of US
- Hubs span chips, clean tech, biomanufacturing consortia
- Congress appropriated just 5% of the Chips Act’s $10 billion
Joe Biden holds a microchip.
Photographer: Saul Loeb/AFP/Getty ImagesPresident Joe Biden designated 31 technology hubs in the US, part of an administration effort to draw private capital for science and technology manufacturing to more communities across the country.
“You don’t have to leave home or your family to get a good job. For too long, science and innovation and the economic opportunities that came with it were concentrated on the coasts,” Biden said at a White House event Monday. He touted the effort as part of his “Bidenomics” agenda.