Headwaters Technology Hub Seeks Grant
The Headwaters Technology Hub, a broad regional consortium of private, public, and academic partners led by the Montana Chamber of Commerce, Montana Department of Commerce, and the Montana University System submitted a Phase I application on August 15 in pursuit of the U.S. Department of Commerce and Economic Development Administration’s Regional Technology and Innovation Hubs competition, as part of the CHIPS and Science Act of 2022.
The Headwaters Technology Hub seeks one of at least 20 Tech Hub designations nationally, and separately a strategy development grant. Funds come from the $500 million FY2023 Congressional appropriation to launch the program. This investment focuses on strengthening our national defense, critical resource management (including water, agriculture, and mining), industrial equipment and construction processes, infrastructure development, and natural disaster mitigation.
“The Montana Chamber serves as the bridge between local innovation and national technological advancement by fostering collaboration and creating opportunities between our businesses, government agencies and research institutions,” said Todd O’Hair, President & CEO of the Montana Chamber of Commerce. “Our deep understanding of the state’s economic landscapes uniquely positions us to champion this initiative to drive growth, job creation, and technological leadership, and to propel the nation towards a more resilient and competitive future, with our region leading the way.”