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EDA makes available $500 million through its Regional Technology and Innovation Hubs (Tech Hubs) Program
SHERMAN, May 25, 2023 – The United States Department of Commerce Economic Development Administration (EDA) recently published a Notice of Funding Opportunity (NOFO) for Phase I of its Regional Technology and Innovation Hub (Tech Hub) Program.
EDA’s vision for the program is to strengthen US economic and national security through place-based investments in geographically diverse regions with a concentration of assets, resources, and capacity aligned with the potential to become globally competitive in the technologies and industries of the future and for those industries, companies, and the good jobs they create, to start, grow, and remain in the U.S.
Only consortia are eligible to apply. Each consortium must include a higher institute of education, a subnational or tribal government, relevant industry or firms, an economic development organization, and a labor or workforce training organization.
The deadline for Phase I applications is August 15, 2023. For more information, visit EDA’s Tech Hubs webpage.