Already a subscriber? Make sure to log into your account before viewing this content. You can access your account by hitting the “login” button on the top right corner. Still unable to see the content after signing in? Make sure your card on file is up-to-date.

President Biden unveils a new initiative of 31 tech hubs targeting burgeoning sectors across the nation.

Started by the Department of Commerce Economic Development Administration, these Regional Innovation and Technology Hubs (Tech Hubs) focus on sectors essential to “economic growth, national security, and job creation.” As stated by the White House, their mission is to foster industries pivotal for “American competitiveness” and turn various communities into innovation epicenters. Details about these hubs, situated in 32 states, including Puerto Rico, are set to be disclosed by President Biden and Commerce Secretary Gina Raimondo.

Notable locations within the states that will benefit from this are the Heartland BioWorks in Indiana, focusing on reinforcing Indiana’s global position in biotech; Baltimore Tech Hub in Maryland, which emphasizes merging artificial intelligence with biotechnologies for advanced healthcare solutions; and the Gulf Louisiana Offshore Wind Propeller in Louisiana, targeting the shift from traditional oil and gas to renewable energies like offshore wind.

The establishment of these hubs is funded by the CHIPS and Science Act, which the president signed into law the previous year.