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EDA adds six more TechHubs with a $210M disbursement

January 16, 2025
By: SSTI Staff

The U.S. Department of Commerce’s Economic Development Administration (EDA) announced awards totaling approximately $210 million in implementation grants, ranging between approximately $22 million and $48 million, to six Tech Hub designees from recently passed appropriations from Congress.

These new awardees, all among the 15 previously designated Tech Hubs which had yet to receive Tech Hubs implementation funds,  are focused on critical technologies important to American economic and national security, according to the announcement from Commerce. This new round of awards is funded by new appropriations from the Fiscal Year (FY) 2025 National Defense Authorization Act (NDAA). The NDAA also includes a provision that could provide the Tech Hubs Program with additional funding of up to $280 million through a spectrum auction by the Federal Communications Commission.

A list of awardees follows. Exact dollar amounts for each Hub will be determined as grant agreements are negotiated.

This announcement builds on the July 2024 release of $504 million for  the initial cohort of 12 Tech Hubs (Click here to read SSTI’s coverage of the July 2024 announcement.)

tech hubs