Biden names technology hubs for Georgia, other states to help the industry and create jobs

President Joe Biden walks to the podium during an event on the economy in the South Court Auditorium of the Eisenhower Executive Office Building on the White House complex, Monday, Oct. 23, 2023. (AP Photo/Jacquelyn Martin)

The Biden administration on Monday designated 31 technology hubs spread across 32 states and Puerto Rico to help spur innovation and create jobs in the industries that are concentrated in these areas.

“We’re going to invest in critical technologies like biotechnology, critical materials, quantum computing, advanced manufacturing — so the U.S. will lead the world again in innovation across the board,” President Joe Biden said. “I truly believe this country is about to take off.”

The tech hubs are the result of a process that the Commerce Department launched in May to distribute a total of $500 million in grants to cities.