The Department of Commerce’s Economic Development Administration (EDA) has earmarked $504 million to develop Tech Hubs. According to a new release, the current administration has highlighted twelve sites as potential growth spots that could “strengthen U.S. economic and national security with investments in regions across the country.” “Through the Tech Hubs program, we are maintaining our competitive edge by advancing America’s leadership in commercializing critical emerging tech sectors,” said U.S. Secretary of Commerce Gina Raimondo. EDA puts aside $504 million for Tech HubsIn August 2022, …