EDA Announces Several Major Grants for Tech Hubs and Good Jobs Challenge Programs
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced that it has selected six consortia for funding through the Tech Hubs Program and eight awardees for the Good Jobs Challenge.
Tech Hubs
Six designated Tech Hubs were selected to receive a total of $210 million in implementation grants, ranging between approximately $22 million and $48 million.
The six latest selected recipients are among the 31 Tech Hubs designated in October 2023 by President Biden to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in regions across the United States.
PRESS RELEASE: Biden-Harris Administration Awards Additional $210 Million Tech Hub Grants
Good Jobs Challenge
EDA selected eight recipients for a total of $25 million in Good Jobs Challenge funding to support high-quality, locally led workforce training programs that lead to workers placed in good jobs.
These new projects will expand the reach of the Good Jobs Challenge program to 35 states and one territory. Through the Good Jobs Challenge, awardees have already trained and placed more than 12,000 American workers into good jobs. Initially funded by $500 million from the American Rescue Plan, the Good Jobs Challenge portfolio will now invest in 40 workforce training programs with a combined goal of 53,000 Americans placed into good jobs.