The White House released the President’s Budget for FY 2024 today, and the administration is making a strong statement of support for science, technology, innovation and entrepreneurship. Highlights from the request include more than $4 billion for the Economic Development Administration (EDA) Regional Technology and Innovation Hubs, $300 million for the National Science Foundation (NSF) Regional Innovation Engines, $277 million for the National Institute of Standards and Technology (NIST) Manufacturing Extension Partnership, and a total of $30 million for the three primary Small Business Administration (SBA) innovation programs. Congress is not likely to adopt the president’s budget as-is, but the proposal may factor into the negotiations throughout the appropriations process. More information on the president’s budget is available below.
