- Tech Hubs
WASHINGTON, DC — The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today announced that the Corvallis Microfluidics Tech Hub in Corvallis, Oregon, was designated as one of the 31 inaugural Tech Hubs in regions across the country that show potential for rapid growth in key technology sectors.
The Corvallis Microfluidics Tech Hub, a consortium led by Oregon state University, will create a platform for high-performance computing, biotechnology, advanced energy, and advanced materials and manufacturing companies to collaboratively demonstrate microfluids technologies. By capitalizing on the innovation of a material critical to semiconductor manufacturing and bioscience, the Corvallis Microfluidics Tech Hub will mitigate supply chain risks and contribute to advancing a technology central to U.S. national security.
This designation is part of the first phase of the novel Tech Hubs program, authorized by the CHIPS and Science Act, that will invest directly in high-potential U.S. regions and aim to transform them into globally competitive innovation centers. Designation is an endorsement of the region’s strategy to supercharge their respective technological industry to create jobs and strengthen U.S. economic and national security. Designated Tech Hubs are now eligible to apply for the next phase of the Tech Hubs Program that will invest between $50-$75 million in each of 5-10 Designated Hubs.
In addition to a Tech Hubs Designation, EDA announced today that the Corvallis Microfluidics Tech Hub was also awarded a Tech Hubs Strategy Development Grant that will help the consortium increase local coordination and planning activities to strengthen its region’s capacity to manufacture, commercialize, and deploy critical technologies.
“President Biden’s Investing in America agenda is rooted in policies that will empower the United States to out-innovate and out-compete the rest of the world. Our Tech Hubs Program is fundamental to that mission and will supercharge innovation across the nation by spurring cutting-edge technological investments and creating 21st century job opportunities in people’s backyards,” said U.S. Secretary of Commerce Gina Raimondo. “Each of these consortia will help us ensure the industries of the future—and their good-paying jobs—start, grow, and remain in the United States.”
“These outstanding consortia exemplify place-based economic development strategies at their best: combining federal resources with regional assets, expertise, and coalitions to implement transformational opportunities,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “As each region develops its own strategy to catalyze innovation and job creation, the entire nation grows more secure and more competitive.”
“Today’s tech hub announcements are an exciting marker of progress in Oregon's work to boost our technological industry with the goal of creating more jobs and finding innovative ways to strengthen our economy,” said Oregon Governor Tina Kotek. “Thanks to the partnership and support of the Biden Administration and our congressional delegation, these awards will propel Oregon to meet our prosperity goals.”
“Today’s good news for OSU and Corvallis shows yet again how the CHIPS & Science Act keeps producing benefits for jobs and top-flight research right here in Oregon,” said Oregon Senator Ron Wyden. “This federal designation will support semiconductors and technology while benefiting both our economy and national security. That adds up to a huge win for our state and country.”
The 31 Tech Hubs were selected from 198 applications from regional consortia that include industry, academia, state and local governments, economic development organizations, and labor and workforce partners. The Tech Hubs span regions across 32 states and Puerto Rico and represent a cross section of urban and rural regions.
For a full list of Tech Hubs, visit TechHubs.gov.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.