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U.S. aims to turn middle-American cities into new tech hubs with $500 million investment



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Gina Raimondo, U.S. secretary of commerce, during a “First Tool-In” ceremony at the Taiwan Semiconductor Manufacturing Co. facility under construction in Phoenix, Arizona, on Tuesday, Dec. 6, 2022.Caitlin O’Hara | Bloomberg | Getty ImagesThe U.S. government is seeking to turn metro areas in middle America into the next hot spots of tech innovation with an initial $500 million investment.The Department of Commerce announced Friday its first notice of funding opportunity, or NOFO, for the Regional Technology and Innovation Hub program, known as Tech Hubs. It kicks off the process for eligible groups around the country to apply to be designated as Tech Hubs. That designation gives them the chance to take advantage of the funds to make their regions attractive places for entrepreneurs and technologists to live and work.”America leads the world in technological innovation. But the sad reality is that our tech ecosystem …

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