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President Obama Announces Competitions for Two Manufacturing Innovation Hubs
President Obama has announced two new competitions for manufacturing innovation hubs as Congress debates whether or not to fund a national network of innovation institutes (see related article). The first hub would foster research and commercialization collaborations around smart manufacturing for the Department of Energy. The second would develop flexible hybrid electronics technology at the Department of Defense. Each institute would receive $70 million or more of federal funding, with a requirement that federal investment be matched by the private sector. Read the announcement…
manufacturing, white house