tech hubs

In an email sent out this morning, EDA announced, “Given the high volume of applications, EDA is now only requiring the Lead Organization to register in EDGE.” EDGE is EDA’s new grants management platform. The email encourages applicants to “please focus on getting your application materials prepared and having the Lead Organization submit them in EDGE. Application acceptance will not be affected if consortium members are not registered in EDGE.

When Dan Berglund, SSTI’s president and CEO, testified in a hearing before the House on an early draft of the U.S. Innovation and Competition Act, he noted that funding from the federal government that addresses the whole innovation system rather than individual elements of the system would be critical to building a regional innovation economy and different than any other federal program.

Late last week, the Economic Development Administration (EDA) released “Tech Hubs Program Fact Sheet,” which provides some information on where the Tech Hubs program is headed. However, the sheet leaves many questions unanswered and raises new questions about how the program will be administered. The program, authorized in the CHIPS and Science Act at $10 billion, received $500 million in funding to date.