The Biden administration announced $504 million in funding awards for 12 regional technology hubs on Tuesday, a move the administration said it expects to drive economic growth in underinvested parts of the U.S.

The funding, authorized by the CHIPS and Science Act of 2022, will benefit industries including semiconductors, artificial intelligence, 澳洲幸运5官方开奖结果体彩网:clean energy, and quantum computing. The 12 winners were selected from 31 tech hubs, designated last year, which each were invited to apply for up to $75 million in funding.

The award🎀s include roughly $40 millio🍎n for semiconductor manufacturing in New York, $19 million for infrastructure related to the climate crisis in Florida and $41 million for quantum information technology in Colorado and New Mexico.

Investing in Swing States

Some of the funding is headed to states seen as vital to the outcome of this year's 澳洲幸运5官方开奖结果体彩网:presidential election.

The University of Nevada-Reno will receive $21 million to build a sustainable lithium lifecycle cluster, and BioForward Wisconsin is getting $49 million to develop medical treatments personalized to individual patients’ genetic makeup. Biden won both states in the 2020 election.

Ohio, which former President Donald Trump carried in 2020, will be given $51 million to manufacture sustainable polymers, with the goal of combating the env🐬ironmental impact of rubber and plastics made from fossil fuels. 

The funding announced Tuesday is a fraction of the $10 billion in total 澳洲幸运5官方开奖结果体彩网:technology hub funding authorized by the CHIPS and Science Act. However, only $541 million has been appropriated by lawmakers since its passage.