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    3. Bidenharris Administration Announces 31 Regional Tech Hubs Twin Cities Included!
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    Biden-⁠Harris Administration Announces 31 Regional Tech Hubs (Twin Cities Included!) main photo

    Biden-⁠Harris Administration Announces 31 Regional Tech Hubs (Twin Cities Included!)

    October 25, 2023

    Today, President Biden and Secretary of Commerce Gina Raimondo will announce the designation of 31 communities across the country as Regional Innovation and Technology Hubs (Tech Hubs) through the Department of Commerce Economic Development Administration. These Tech Hubs will catalyze investment in technologies critical to economic growth, national security, and job creation, and will help communities across the country become centers of innovation critical to American competitiveness. The Tech Hubs program was authorized by the CHIPS and Science Act – signed by President Biden in August 2022 – and is part of the President’s Bidenomics agenda to grow the economy from the middle out and bottom up.

    The 31 Tech Hubs focus on developing and growing innovative industries in regions across the country, including semiconductors, clean energy, critical minerals, biotechnology, precision medicine, artificial intelligence, quantum computing, and more. Tech Hubs bring together private industry, state and local governments, institutions of higher education, labor unions, Tribal communities and nonprofit organizations to compete for up to $75 million implementation grants to further develop these fields and make transformative investments in innovation, supply chain resilience, and job creation.

    Click here for the original article.

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    MNTC Region

    Minnesota: A Strong Technology Ecosystem

    The tech sector has an estimated direct economic impact of $31.1 billion, or about 9.3 percent of Minnesota’s total economy.

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    1
    Medical Device Patents Per Capita
    1
    Health Technology Cluster in the World
    2
    Food Products Patents Per Capita
    2
    Patents Per Capita

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    Carrie Mikkonen

    Community & Economic Development Representative | Connexus® Energy
    763-323-2650
    Email Carrie

    Minnesota Technology Corridor Icon
    Minnesota Technology Corridor Connexus Energy • 14601 Ramsey Boulevard Ramsey, MN 55303 763-323-2650 Email
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