Senate approves new $10 billion program for regional technology hubs
This week, the Senate passed the U.S. Innovation and Competition Act, a legislative package that includes the Endless Frontier Act. The tech-based economic development community should be excited about many initiatives authorized in the bill, including $10 billion for regional technology hubs, $100 billion in new R&D-related activities, and an expansion of the Manufacturing Extension Partnership program.
Bipartisan legislation would provide $110 billion for R&D, regional innovation
A bipartisan, bicameral group of legislators have introduced bills that would make a five-year commitment to increase America’s investment in R&D by $100 billion, while also investing $10 bi
Congress passes modified competitiveness legislation
This week, Congress approved a new version of legislation to incentivize semiconductor manufacturing facilities, create a Regional Technology Hubs program, and reauthorize many science-related agencies. The Senate passed the bill on the 27th, and the House passed the legislation a day later.
Massive House innovation bill would fund semiconductor incentives, create tech hubs, NSF directorate
Earlier this week, House Democrats released its version of a wide-ranging innovation policy bill.