tech hubs
SSTI updates key technology area investment data tool through 2025 H1
SSTI has updated its Key Technology Area Investment Data Tool with new and refreshed data spanning January 1, 2013, through June 30, 2025. The tool comprises two interactive visuals and uses Pitchbook technology verticals selected to align with many of the key technology focus areas (KTFAs) defined in the CHIPS and Science Act of 2022 (CHIPS).
National Science Foundation requests input for potential updates to its key technology focus areas
The U.S. National Science Foundation (NSF) is requesting information from the public to help shape potential future updates to its Key Technology Focus Areas (KTFAs). NSF’s KTFAs directly influence and shape innovation- and economic development-related programs.
TBED Community of Practice webinar highlights practical advice for SBA’s Growth Accelerator Fund Competition applicants
The most recent TBED Community of Practice webinar, “SBA’s Growth Accelerator Fund Competition in Action,” featured two previous winners of the GAFC who provided tips on how to prepare for and what to expect from the competition. A representative from SBA was also on hand to give the agency’s perspective.
EDA adds six more TechHubs with a $210M disbursement
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.
SSTI updates Key Technology Area Investment Data Tool through 2024
The new Tech Hub awards from EDA and the National Science Foundation’s (NSF) Regional Innovation Engines (Engines) program support regions advancing a critical technology area with existing traction in their region but for proposers, identifying such areas is often challenging.
The National Defense Authorization Act includes up to $500M for the Tech Hubs program
U.S. Senator Maria Cantwell (D-Wash.), Chair of the Senate Commerce Committee and key architect of the CHIPS and Science Law, secured up to $500 million in federal investments to preserve and expand the Regional Tech Hubs (Tech Hubs) program. Sen. Cantwell secured the funding as part of the National Defense Authorization Act (NDAA), which is set to pass before the end of the year. SSTI helped lead a coalition that advocated for the provision and additional funding for Tech Hubs.
Think Tech Hubs should be funded? Join SSTI and others in acting now
Congress authorized $10 billion over five years for regional tech hubs to improve America’s competitiveness and regional economies. To date, Congress has appropriated only $541 million for the program—just 5% of the authorized level—of which a $459 million downpayment was provided though the FY 2023 disaster supplemental.
Think Tech Hubs should be funded? Join SSTI and others in acting now
Congress authorized $10 billion over five years for regional tech hubs to improve America’s competitiveness and regional economies. To date, Congress has appropriated only $541 million for the program—just 5% of the authorized level—of which a $459 million downpayment was provided though the FY 2023 disaster supplemental.
EDA funds all Tech Hubs designees
Following its announcement of implementation awards to 12 Tech Hubs regions, the U.S. Economic Development Administration made Consortium Accelerator Awards of $500,000 to each of the additional 19 Tech Hubs designated regions.
Following its announcement of implementation awards to 12 Tech Hubs regions, the U.S. Economic Development Administration made Consortium Accelerator Awards of $500,000 to each of the additional 19 Tech Hubs designated regions. This funding should enable regions to continue dedicated efforts to strengthen their strategies and partnerships and to pursue alternative sources of implementation project funding.
Good Jobs Challenge $25M funding opportunity released
The U.S. Department of Commerce has announced a new $25 million Good Jobs Challenge Notice of Funding Opportunity for investment in high-quality, locally led workforce training programs that lead to good jobs.