Posted 3/18/2024, 10:15:02 PM
Baltimore Aims to Become Leading Tech Hub, Competes for $70M in Federal Funding
- Baltimore region selected as one of 31 tech hubs to compete for $10B in federal funding over 5 years
- Consortium submitted proposal for $70M (max available) in Phase 2 funding to support projects in biomanufacturing, entrepreneurship, innovation hubs, workforce development
- Projects aim to create 32,700 direct jobs and 65,600 additional jobs over 10 years
- Focus on AI and biotech, improving equity in tech
- Seeking to put Baltimore on the map as a tech hub, diversify where tech opportunities located