Biden administration is providing $504 million to 12 tech hubs – Fortune
Category: Quantum Computer
The Biden administration said Tuesday that it was providing $504 million in implementation grants for a dozen tech hubs in Ohio, Montana, Nevada and Florida, among other locations.
The money would support the development of quantum computing, biomanufacturing, lithium batteries, computer chips, personal medicine and other technologies.
The administration is trying to encourage moretechnological innovationacross the country, instead of allowing it be concentrated in a few metro areas such as San Francisco, Seattle, Boston and New York City.
The reality is there are smart people, great entrepreneurs, and leading-edge research institutions all across the country, Commerce SecretaryGina Raimondosaid in a call previewing the announcement. Were leaving so much potential on the table if we dont give them the resources to compete and win in the tech sectors that will define the 21st century global economy.
The money comes from the Commerce Departments Economic Development Administration. In October 2023, PresidentJoe Bidendesignated 31 tech hubs. Raimondo said the administration was pushing for more funding for the program so that all the designated tech hubs can get additional resources to compete.
The tech hubs receiving funding include:
$41 million for the Elevate Quantum Tech Hub in Colorado and New Mexico
$41 million for the Headwaters Hub in Montana
$51 million for Heartland BioWorks in Indiana
$51 million for the iFAB Tech Hub in Illinois
$21 million for the Nevada Tech Hub
$40 million for the NY SMART I-Corridor Tech Hub in New York
$44 million for ReGen Valley Tech Hub in New Hampshire
$45 million for the SC Nexus for Advanced Resilient Energy in South Carolina and Georgia
$19 million for the South Florida ClimateReady Tech Hub
$51 million for the Sustainable Polymers Tech Hub in Ohio
$51 million for the Tulsa Hub for Equitable & Trustworthy Autonomy in Oklahoma
$51 million for the Wisconsin Biohealth Teach Hub.
More here:
Biden administration is providing $504 million to 12 tech hubs - Fortune
Related Posts
- Quantum Technologies Forum navigates present and future of quantum at USC - University of Southern California - November 16th, 2024 [November 16th, 2024]
- New 'gold-plated' superconductor could be the foundation for massively scaled-up quantum computers in the future - Livescience.com - November 16th, 2024 [November 16th, 2024]
- Quantum Technologies Could Have 8 Billion of Impact on UK Transport by 2035 - The Quantum Insider - November 16th, 2024 [November 16th, 2024]
- IBM launches R2 Heron processors that performs 5,000 two-qubit gate operations - Inceptive Mind - November 16th, 2024 [November 16th, 2024]
- Rigetti Computing Reports Third Quarter 2024 Financial Results and Business Updates - GlobeNewswire - November 16th, 2024 [November 16th, 2024]
- Qiskit Fall Fest brings the fun to quantum technology - The Lafayette - November 16th, 2024 [November 16th, 2024]
- Quantum computers touted as AI accelerator at Daesung Haegang Science Forum - The Korea JoongAng Daily - November 16th, 2024 [November 16th, 2024]
- IonQ Strengthens Technical Moat with its Latest Series of Issued Patents - Business Wire - November 16th, 2024 [November 16th, 2024]
- RIKEN, NTT, and Amplify Inc. Introduce General-Purpose Optical Quantum Computer - The Quantum Insider - November 12th, 2024 [November 12th, 2024]
- The Incredible Power of Quantum Memory - WIRED - November 10th, 2024 [November 10th, 2024]
- What Is Quantum AI? Everything to Know About This Far-Out Twist - CNET - November 10th, 2024 [November 10th, 2024]
- IonQ to Increase Performance and Scale of Quantum Computers with Photonic Integrated Circuits in Collaboration with imec - Yahoo Finance - November 10th, 2024 [November 10th, 2024]
- Why IonQ Stock Is Skyrocketing Today - The Motley Fool - November 10th, 2024 [November 10th, 2024]
- Weighty Subject: Is The Universe a Giant Quantum Gravity Computer? - The Quantum Insider - November 10th, 2024 [November 10th, 2024]
- Massachusetts is launching a new quantum computing project. An expert explains why that's a big deal not just for the state but the world -... - November 10th, 2024 [November 10th, 2024]
- IonQ Strengthens Quantum Computing Capabilities through Partnerships with imec and NKT Photonics - The Quantum Insider - November 10th, 2024 [November 10th, 2024]
- Quantum Computing Inc. 3Q Report: Focus on Loss Reduction While Building Partnerships - The Quantum Insider - November 10th, 2024 [November 10th, 2024]
- Chasing Impossible Vortices: Supersolid Discovery and the Future of Quantum Technology - The Quantum Insider - November 10th, 2024 [November 10th, 2024]
- IonQ and Ansys Partner to Integrate Quantum Computing for Accelerating CAE Simulations and Also to Use Ansys Tools for Designing Ions Quantum... - November 10th, 2024 [November 10th, 2024]
- IonQ to Increase Performance and Scale of Quantum Computers with Photonic Integrated Circuits in Collaboration with imec - Business Wire - November 10th, 2024 [November 10th, 2024]
- Calling All Gamers: Valens Games Reimagination of Gaming for a World With LLM, AI, and Quantum Computing - HSToday - November 10th, 2024 [November 10th, 2024]
- IBM, Guarding Against Tomorrows Threats Today - The Quantum Insider - November 10th, 2024 [November 10th, 2024]
- Yonsei University Establishes South Koreas First 127-Qubit Quantum Computing Center for Industry and Research - The Quantum Insider - November 10th, 2024 [November 10th, 2024]
- Building the future of chips in the USA - IBM Research - November 10th, 2024 [November 10th, 2024]
- Chinese superconducting quantum computing power sold to overseas client - Global Times - November 10th, 2024 [November 10th, 2024]
- IonQ's Third-Quarter Results: Revenue Guidance Raised Amid Strategic Acquisitions, Partnerships - The Quantum Insider - November 10th, 2024 [November 10th, 2024]
- ASEAN FinTech funding grew more than 10-fold in past decade, GenAI and Quantum Computing to power new era: FinTech in ASEAN 2024 report - Yahoo... - November 10th, 2024 [November 10th, 2024]
- Ansys and IonQ Are Bringing the Power of Quantum to the $10 Billion Dollar Computer-Aided Engineering Industry - Business Wire - November 8th, 2024 [November 8th, 2024]
- Computer Engineering faculty awarded to advance the compilation process in quantum computing - Rochester Institute of Technology - November 8th, 2024 [November 8th, 2024]
- Ansys and IonQ Are Bringing the Power of Quantum to the $10 Billion Dollar Computer-Aided Engineering Industry - StockTitan - November 8th, 2024 [November 8th, 2024]
- Quantum Machines and Nvidia use machine learning to get closer to an error-corrected quantum computer - TechCrunch - November 4th, 2024 [November 4th, 2024]
- Quantum computers are here but why do we need them and what will they be used for? - Livescience.com - November 2nd, 2024 [November 2nd, 2024]
- Rigetti and Riverlane Achieve Real-Time Quantum Error Correction on 84-Qubit System - The Quantum Insider - November 2nd, 2024 [November 2nd, 2024]
- Quantum Computing Announces Strategic Partnerships and Pre-Orders Ahead of 2025 Foundry Opening - Yahoo Finance - November 2nd, 2024 [November 2nd, 2024]
- Where Will IonQ Be in 3 Years? - The Motley Fool - November 2nd, 2024 [November 2nd, 2024]
- In the Fight Against Noisy Quantum Computing, CVaR Proves a Worthy Opponent - The Quantum Insider - November 2nd, 2024 [November 2nd, 2024]
- Riverlane CEO Asks: What Will We Do With Error-Corrected Quantum Computers? - The Quantum Insider - November 2nd, 2024 [November 2nd, 2024]
- Gulf bets on a quantum computing leap - Arabian Gulf Business Insight - November 2nd, 2024 [November 2nd, 2024]
- Fully Operational Rigetti QPU Included in UKs Recently Opened National Quantum Computer Centre - GlobeNewswire - November 2nd, 2024 [November 2nd, 2024]
- Guest EditorialQuantum Computing: A Beacon of Transformation for the Oil and Gas Industry - Society of Petroleum Engineers (SPE) - November 2nd, 2024 [November 2nd, 2024]
- A Race to The End of Time - Brown Political Review - November 2nd, 2024 [November 2nd, 2024]
- Study observes a phase transition in magic of a quantum system with random circuits - Phys.org - November 2nd, 2024 [November 2nd, 2024]
- Securing tomorrow: What you should know about protecting data in the future - Clemson News - November 2nd, 2024 [November 2nd, 2024]
- Heres the paper no one read before declaring the demise of modern cryptography - Ars Technica - November 2nd, 2024 [November 2nd, 2024]
- Rigetti and Riverlane Progress Towards Fault Tolerant Quantum Computing with Real-Time and Low Latency Error Correction on Rigetti QPU - StockTitan - November 2nd, 2024 [November 2nd, 2024]
- NIST approves 14 new quantum encryption algorithms for standardization - Nextgov/FCW - November 2nd, 2024 [November 2nd, 2024]
- ORCA Computing Unveils The PT-2: Delivering Quantum-Enhanced Generative AI Capabilities - The Quantum Insider - November 2nd, 2024 [November 2nd, 2024]
- UK quantum computer cluster opens on site of Cold War atomic "holy of holies" - The Stack - November 2nd, 2024 [November 2nd, 2024]
- D-Wave Announces Appointment of Two New Board Members - Business Wire - November 2nd, 2024 [November 2nd, 2024]
- IonQs Quantum Surge: Ride the Wave or Cash Out? - MarketBeat - November 2nd, 2024 [November 2nd, 2024]
- D-Wave Deemed Awardable Vendor for US Department of Defense Chief Digital and Artificial Intelligence Offices Tradewinds Solutions Marketplace -... - November 2nd, 2024 [November 2nd, 2024]
- Challenges and opportunities in quantum optimization - Nature.com - November 2nd, 2024 [November 2nd, 2024]
- Quantum Computing, Inc. Announces Strategic Partnerships and Pre-Orders Ahead of 2025 Quantum Photonic Chip Foundry Opening - PR Newswire - November 2nd, 2024 [November 2nd, 2024]
- Bridging Cities with Quantum Links in Pursuit of the Quantum Internet - The Quantum Insider - November 2nd, 2024 [November 2nd, 2024]
- Quantum Computing, Inc. Announces Strategic Partnerships and Pre-Orders Ahead of 2025 Quantum Photonic Chip Foundry Opening - StockTitan - November 2nd, 2024 [November 2nd, 2024]
- UK's Newly Opened National Quantum Computing Centre Designed to Push The Boundaries of What is Possible With Quantum - The Quantum Insider - November 2nd, 2024 [November 2nd, 2024]
- Scientists build the smallest quantum computer in the world it works at room temperature and you can fit it on your desk - Livescience.com - October 24th, 2024 [October 24th, 2024]
- No, China Isnt a Decade Ahead of The U.S. in Quantum Computing (Probably) - The Quantum Insider - October 24th, 2024 [October 24th, 2024]
- Quantum Computing, Inc. to Host Third Quarter 2024 Shareholder Call on Wednesday, November 6, 2024 - StockTitan - October 24th, 2024 [October 24th, 2024]
- Quantum Computing, Inc. to Host Third Quarter 2024 Shareholder Call on Wednesday, November 6, 2024 - Quantisnow - October 24th, 2024 [October 24th, 2024]
- One Skyrmion to Rule Them All: Noise Resilience and Data Storage Solutions for Quantum Computing and Spintronics - The Quantum Insider - October 24th, 2024 [October 24th, 2024]
- Plotting the inevitable rise of quantum computing - Business Weekly - October 24th, 2024 [October 24th, 2024]
- The Netherlands to host an EU quantum computer in Amsterdam - DutchNews.nl - October 24th, 2024 [October 24th, 2024]
- Qubits Manipulated on the Fly - Physics - October 24th, 2024 [October 24th, 2024]
- Quantum Computing, Inc. to Host Third Quarter 2024 Shareholder Call on Wednesday, November 6, 2024 - WV News - October 24th, 2024 [October 24th, 2024]
- Scientists build the smallest quantum computer in the world it works at room temperature and you can fit it on your desk - MSN - October 24th, 2024 [October 24th, 2024]
- Scalable Silicon Spin Qubits Achieve Over 99% Fidelity for Quantum Computing with CMOS Technology - The Quantum Insider - October 24th, 2024 [October 24th, 2024]
- Multiverse Computing Expands to US with New San Francisco Office to Drive Quantum AI Adoption - HPCwire - October 24th, 2024 [October 24th, 2024]
- LUCI in The Surface Codes With Drop Outs: Google Quantum AI Researchers Report Framework Could Help Reduce Errors - The Quantum Insider - October 24th, 2024 [October 24th, 2024]
- Chinese scientists claim they broke RSA encryption with a quantum computer but there's a catch - Livescience.com - October 23rd, 2024 [October 23rd, 2024]
- Riverlanes Quantum Error Correction Report: Defining the Path to Fault-Tolerant Computing and the MegaQuOp Milestone - The Quantum Insider - October 23rd, 2024 [October 23rd, 2024]
- Quantum Computing, Inc. Enters Final Stage of Commissioning Quantum Photonic Chip Foundry in Tempe, Arizona - Yahoo Finance - October 23rd, 2024 [October 23rd, 2024]
- Why experts are warning businesses to prepare for quantum now or face critical cyber risks when it arrives - ITPro - October 23rd, 2024 [October 23rd, 2024]
- Quantum Computers Expected to Be Useful by 2026, Survey - IoT World Today - October 23rd, 2024 [October 23rd, 2024]
- ParTec AG and HZDR to Build AI Supercomputer Supporting Research in AI, Quantum Computing, and HPC - The Quantum Insider - October 23rd, 2024 [October 23rd, 2024]
- Pete Shadbolt on Tackling the Challenges of Quantum Computing & Its Future Impact on Everyday Life - The Quantum Insider - October 23rd, 2024 [October 23rd, 2024]
- How to build a quantum computer that's actually useful - Space Daily - October 23rd, 2024 [October 23rd, 2024]
- Quantum Algorithms for Faster Pattern Matching in Genomics and Text Processing, and Data-Intensive Applications - The Quantum Insider - October 23rd, 2024 [October 23rd, 2024]
- 2025 Tech Trends Report: New Insights on IT Investment in AI, Quantum Computing, and Cybersecurity Published by Info-Tech Research Group - PR Newswire - October 23rd, 2024 [October 23rd, 2024]
- Next Quantum Computer Comes To Netherlands - Mirage News - October 23rd, 2024 [October 23rd, 2024]