Title 15 › Chapter 63— TECHNOLOGY INNOVATION › § 3722a
Creates a competitive program at the Commerce Department to pick and fund regional technology and innovation hubs and to give planning grants to groups that want to build regional tech plans. The program funds two kinds of awards: planning grants (to develop regional innovation strategies) and implementation grants (to run hubs that carry out those strategies). The goals are to strengthen U.S. leadership in key technologies, grow regional economies (including small cities and rural areas), help underserved communities, modernize manufacturing, create jobs, and move research into real products. Eligible applicant groups must include colleges, government, industry, economic development groups, and labor or workforce groups, and can include many other partners. Awards are chosen by competition with rules to spread funding geographically: the program aims to designate at least 20 hubs and to give planning grants to at least 60 consortia, seeks at least three hubs per regional EDA office, requires that at least one-third of designated hubs benefit small and rural communities, and requires that at least one-third include a State or territory eligible for NSF EPSCoR funding, with at least one hub headquartered in a low-population State. Grants can pay for workforce training, business and entrepreneur support, technology development and testing, and building facilities and basic site connections. Initial hub awards must last at least 2 years and cannot exceed $150,000,000; federal funding can cover up to 80% of costs (up to 90% for projects serving small/rural or underserved areas and up to 100% for Tribal-led hubs). Recipients must meet performance metrics, file reports (including a final report within 120 days after a grant ends), and the Secretary will review hubs every 2 years and report yearly to Congress. Authorized funding: $50,000,000 for planning grants (FY2023–2027); $2,950,000,000 for implementation grants (FY2023–2024); $7,000,000,000 for implementation grants (FY2025–2027). Key terms (one line each): “appropriate committees of Congress” = the listed Senate and House committees; “cooperative extension services” = the USDA extension program; “site connectivity infrastructure” = local driveways, access roads, and hookups for water, sewer, broadband, and other basic services; “venture development organization” = as defined elsewhere in law; “community development financial institution” = the type of lender defined in title 12; “minority depository institution” = a bank or credit union that serves minority communities or is so recognized by federal banking agencies; “low population State” = a State with no urbanized area over 250,000 people in the census; “small and rural community” = a noncore area, a micropolitan area, or a small metro area with population not more than 250,000.
Full Legal Text
Commerce and Trade — Source: USLM XML via OLRC
Legislative History
Reference
Citation
15 U.S.C. § 3722a
Title 15 — Commerce and Trade
Last Updated
Apr 3, 2026
Release point: 119-73not60