U.S. Sen. Tammy Baldwin announced in a press release today that Wisconsin has been designated by the Biden administration as a Regional Technology Hub (tech hub), an initiative created by the Baldwin-supported CHIPS and Science Act. Additionally, Wisconsin is receiving a $350,000 planning grant to execute its Biohealth Tech Hub strategy. Working with stakeholders across the state, Baldwin has advocated bringing a tech hub to Wisconsin to support the state’s investment in growing personalized medicine and the biohealth technology industry.
In September, BioForward Wisconsin, along with a consortium of 15 public and private partners organized by the Wisconsin Economic Development Corp., submitted Wisconsin’s application for a tech hub. Planning grant funding will be utilized to build upon the consortium’s comprehensive regional strategy to grow Wisconsin’s tech hub, helping to create a corresponding implementation plan and a workforce strategy informed by global experts, best practices, and regional stakeholders.
Among hundreds of applications, the U.S. Economic Development Association (EDA) announced 31 total tech hub designees across the country. EDA will also offer an additional grant application to make at least five implementation awards ranging from $20 million to $70 million to designated EDA tech hubs.
