Connecticut Awarded Tech Hub Manufacturing Grant
The federal government is investing in the growth of model-based definition in Connecticut’s commercial manufacturing sectors.
The U.S. Department of Commerce’s Economic Development Administration awarded a Tech Hubs Strategy Development Grant to the Model-Based Enterprise Tech Strategy Development Consortium.
The grant is designed to scale the adoption of model-based definition in aerospace, medical devices, and clean energy.
Connecticut’s Department of Economic and Community Development will lead the consortium, which serves both Connecticut and Rhode Island.
The team will use the grant to increase coordination and plan activities to strengthen the region’s capacity to manufacture, commercialize, and deploy technologies critical to U.S. economic and national security.
Gov. Ned Lamont said the grant will generate wide-range economic benefits to both states and the region.
“The manufacturing industry in Connecticut and Rhode Island is a substantial economic driver, and a big reason for our success is the strength of the companies in our supply chain and the dynamic ecosystem that has evolved here,” Lamont said.
“This Tech Hub Strategy Development Grant will allow Connecticut and Rhode Island to build upon our shared success to date, bringing important technological advancements we’ve already adopted in defense into the commercial sector..”
The consortium was chosen from a pool of 181 applications.
The Tech Hubs program was authorized by the CHIPS and Science Act of 2022, with $10 billion allocated over five years.
As part of the fiscal year 2023 Consolidated Appropriations Act, Congress authorized $500 million to launch the program.
EXPLORE BY CATEGORY
Stay Connected with CBIA News Digests
The latest news and information delivered directly to your inbox.