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FY 2023 Regional Technology and Innovation Hub Program Phase 2 Notice of Funding Opportunity

ID: EDA-TECHHUBSPHASE2-2023 • Type: Posted
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Description

This is Phase 2 of a two-phase competition. Applications received after this deadline will not be reviewed or considered. Only applicants that EDA Designated as Tech Hubs in Phase 1 will be permitted to apply to Phase 2.

Pursuant to section 28(c) of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. 3722a(c)), consortia that EDA Designated as Tech Hubs under the Phase 1 NOFO are eligible applicants under this NOFO. An eligible consortium must include one or more of each of the following: (i) institutions of higher education, which may include Historically Black Colleges and Universities, Tribal Colleges or Universities, and Minority-Serving Institutions; (ii) State, territorial, local, or Tribal governments or other political subdivisions of a State, or a consortium thereof; (iii) industry groups or firms in relevant technology, innovation or manufacturing sectors; (iv) economic development organizations or similar entities focused primarily on improving science, technology, innovation, entrepreneurship, or access to capital; and (v) labor organizations or workforce training organizations. See section A.1.b.iii. for additional requirements related to consortia. See section C.1. of this NOFO for a list of other entities that may also be part of a consortium.

Subject to the availability of funds, awards made under this NOFO will seek to strengthen U.S. economic and national security through place-based investments in regions with the assets, resources, capacity, and potential to become globally competitive Tech Hubs, within approximately ten years, in the technologies and industries of the future, and for those industries, companies, and the good jobs they create to start, grow, and remain in the United States. Through this NOFO, EDA will award approximately $50-75 million in implementation grants to each of approximately 5-10 Designated Tech Hubs.

Background
The Economic Development Administration (EDA) is offering the FY 2023 Regional Technology and Innovation Hub Program Phase 2 Notice of Funding Opportunity (NOFO) to strengthen U.S. economic and national security through place-based investments in regions with the potential to become globally competitive Tech Hubs. The program aims to support the growth and modernization of U.S. manufacturing and improve commercialization and domestic production of innovative research.

Grant Details
The Tech Hubs Program will support the growth and modernization of U.S. manufacturing and improve commercialization and domestic production of innovative research. Implementation Grants can fund a wide range of non-construction and construction activities that aim to increase regional capacity to demonstrate, deploy, and commercialize innovative technology products and services across four broad categories: workforce development, business and entrepreneur development, technology maturation, and infrastructure. EDA expects to fund approximately 3-8 tightly aligned projects within each selected Tech Hub, with an aggregate investment totaling approximately $50-75 million.

Eligibility Requirements
Consortia that EDA Designated as Tech Hubs under the Phase 1 NOFO are eligible applicants under this NOFO. An eligible consortium must include institutions of higher education, State, territorial, local, or Tribal governments or other political subdivisions of a State, industry groups or firms in relevant technology, innovation or manufacturing sectors, economic development organizations focused on improving science, technology, innovation, entrepreneurship, or access to capital, and labor organizations or workforce training organizations.

Grant Value
Approximately $50-75 million in implementation grants will be awarded to each of approximately 5-10 Designated Tech Hubs.

Overview

Category of Funding
Business and Commerce
Regional Development
Science and Technology and other Research and Development
Funding Instruments
Cooperative Agreement
Grant
Grant Category
Discretionary
Cost Sharing / Matching Requirement
True
Source
On 10/23/23 Economic Development Administration posted grant opportunity EDA-TECHHUBSPHASE2-2023 for FY 2023 Regional Technology and Innovation Hub Program Phase 2 Notice of Funding Opportunity with funding of $500.0 million. The grant will be issued under grant program 11.039 Regional Technology and Innovation Hubs. It is expected that 10 total grants will be made worth between $1 and $150.0 million.

Timing

Posted Date
Oct. 23, 2023, 12:00 a.m. EDT
Closing Date
Feb. 29, 2024, 12:00 a.m. EST Past Due
Last Updated
Oct. 23, 2023, 9:21 a.m. EDT
Version
4
Archive Date
March 30, 2024

Eligibility

Eligible Applicants
Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
County governments
Public and State controlled institutions of higher education
State governments
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Native American tribal organizations (other than Federally recognized tribal governments)
Native American tribal governments (Federally recognized)
City or township governments
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Private institutions of higher education
Special district governments
Additional Info
Pursuant to section 28(c) of the Stevenson-Wydler Technology Innovation Act of 1980 (15 U.S.C. § 3722a(c)), consortia that EDA Designated as Tech Hubs under the Phase 1 NOFO are eligible applicants under this NOFO. An eligible consortium must include one or more of each of the following: (i) institutions of higher education, which may include Historically Black Colleges and Universities, Tribal Colleges or Universities, and Minority-Serving Institutions; (ii) State, territorial, local, or Tribal governments or other political subdivisions of a State, or a consortium thereof; (iii) industry groups or firms in relevant technology, innovation or manufacturing sectors; (iv) economic development organizations or similar entities focused primarily on improving science, technology, innovation, entrepreneurship, or access to capital; and (v) labor organizations or workforce training organizations. See section A.1.b.iii. for additional requirements related to consortia. See section C.1. of this NOFO for a list of other entities that may also be part of a consortium.

Award Sizing

Ceiling
$150,000,000
Floor
$1
Estimated Program Funding
$500,000,000
Estimated Number of Grants
10

Contacts

Contact
Amanda Kosty Economic Development Specialist
Contact Email
Contact Phone
(202) 731-3439

Documents

Posted documents for EDA-TECHHUBSPHASE2-2023

Grant Awards

Grants awarded through EDA-TECHHUBSPHASE2-2023

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